Dylan Moses Returning

This whole situational was pretty silly but I think it illuminated a policy change with our Athletic Department that should give us some optimism for what I assume will be a Junior’s Declaration press conference on Jan 6.

Below is the headline notification from ESPN:

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Everybody seems to think this is concerning a future policy. I could be wrong, but when I first read his dad's statement I was under the impression it was concerning an existing policy and if he stayed in school they could not collect on the injury in August because he would not be drafted therefore not know what the reduction in draft value is. I thought they was trying to collect on the injury from August, am I wrong?
 
Everybody seems to think this is concerning a future policy. I could be wrong, but when I first read his dad's statement I was under the impression it was concerning an existing policy and if he stayed in school they could not collect on the injury in August because he would not be drafted therefore not know what the reduction in draft value is. I thought they was trying to collect on the injury from August, am I wrong?
There was an ESPN article last night - they talked to his father. His father was negotiating with Alabama over a future policy that would pick up the 2020 season.
 
This is exactly the case, and the ball's in Saban's and Byrne's court.

I have to think the money is there, but am curious: Anybody know how much one of these policies costs?

For example, starting in 2011 when the rookie pay scale went into effect, an early first round pick may be worth $20 million over 4 years. Second round might be $2.5 million. Difference of $17.5 million. What does an LOV policy for that cost?

Also, given the money involved, definitions are critical.

How is the initial value (from which the loss would be calculated) set? Lloyds' opinion? Consensus of NFL GMs? Surely an outfit like Lloyd's isn't relying on Todd McShay and Mel Kiper. But if not them, who?

Also, anybody know how Lloyd's (or whoever the underwriter is) determines how the loss of value happened? In Tua's case, it's clear that the dislocated hip is the issue, and I doubt there'd be a lot of debate on that.

But suppose the issue is a string of injuries, none of which are catastrophic, but collectively they add up to a lot of wear and tear, and the player is drafted late in the first round, as opposed to the top half that was projected?

And what about a player's own conduct? Suppose a player has a garden-variety torn meniscus. No known complications and anticipated to heal fine. But he's caused all sorts of discord on his college team, pretty much flipped off the combine interviews, and generally shown himself to be a bad teammate. He falls from the projected 2nd round to the 5th. How much of that is apportioned to the injury, and how much to the player's own conduct?

I don't know the answers to any of this. Having worked in the world of large finance, I do know they're addressed in policies of this size. As with life, the devil is in the details.
I assume the policies are impossibly complicated. LLoyds of London's is really a reinsuring conglomeration of individuals and companies. They are not a primary insurer...
 
There was an ESPN article last night - they talked to his father. His father was negotiating with Alabama over a future policy that would pick up the 2020 season.
I think that's the current issue. The father's thinking is very hard to follow, but from reading other ramblings, it did sound like he was trying to collect on an earlier policy. As I understand these policies, they are basically normally a one-year policy and, if the player comes back, or innumerable other conditions are met, they are dead. Maybe he's given up on that and is focusing on a policy for the coming year...
 
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Did you verify this before you decided to dessiminate this infomration or are you just reposting social media accounts like you bemoaned everyone else about doing yesterday??
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To answer the question: I consider something that comes from a verified account that reads like it was written by a college educated person more credible that something that looks like it was written by somebody who speaks english as a second language and has double-digit IQ.
 
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Did you verify this before you decided to dessiminate this infomration or are you just reposting social media accounts like you bemoaned everyone else about doing yesterday??

It is a fresh tweet only an hour old from his official account. This leads me to believe he is restating his intention. This isn’t old or unverified. It’s his blue check mark account.
 
I think that's the current issue. The father's thinking is very hard to follow, but from reading other ramblings, it did sound like he was trying to collect on an earlier policy. As I understand these policies, they are basically normally a one-year policy and, if the player comes back, or innumerable other conditions are met, they are dead. Maybe he's given up on that and is focusing on a policy for the coming year...

While UA may have paid for the policy, whether it pays or not is out of the University’s control.

If the Moses team has a complaint, they need to address it with the insurance underwriter.

Negotiations for a policy to cover LOV for 2020 (however that might be defined — does it start with off-season workouts in January? Spring practice? I don’t know) are another matter entirely.
 
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