The Jets didn’t insure Aaron Rodgers, costing them cap savings. The Eagles and 49ers used insurance to help achieve contender status.
The Jets didn’t insure Aaron Rodgers, costing them cap savings. The Eagles and 49ers used insurance to help achieve contender status.
It’s because the premiums are stupid high. The article mentioned somewhere in the neighborhood of $1m to $4m on insuring $22m of a contract.
Many of these owners are billionaires, too. They wouldn’t bother insuring if it weren’t for the salary cap. Being able to get that money off the cap is actually more important than getting the money back.