Truth & Rumors > NHL
NHL bylaws address catastrophes
- Views
- 7246
- Comments
- 49
08:26 AM ET 09.08 | With a catastrophic plane crash fresh in the minds of the hockey world, it's almost too terrible to imagine whether might happen again. [But the NHL] has thought about it nonetheless. That's why the league requires teams to have a $1-million (all figures US) insurance policy on each player, one of the provisos in the NHL bylaws made public over the weekend in court filings regarding the bankruptcy of the Phoenix Coyotes. If a team is left with fewer than 14 players and one goaltender following some sort of catastrophe, the league sets in motion its Emergency Rehabilitation Plan. First, the "disabled team" would be allowed to negotiate to buy players under contract from other teams, with payment coming from the insurance money.
Gary Bettman, Getty Images
Truth & Rumors
MOST POPULAR
-
1
Rihanna outs Smith's hard-partying ways
- Views
- 17385
- Comments
- 1073
-
2
Steinbrenner believes in less-expensive Yanks
- Views
- 15632
- Comments
- 431
-
3
Dwyane Wade surprises teen at her prom
- Views
- 2131
- Comments
- 184
-
4
Carlyle haunted by Game 7 regrets
- Views
- 4326
- Comments
- 124
-
5
Bard's career nearing precipice
- Views
- 2121
- Comments
- 70
Adaora
Kate Bock
Kobe Bryant vs. Michael Jordan
Cheerleader of the Week
TM & © 2013 Turner Broadcasting System, Inc. A Time Warner Company. All Rights Reserved.
FanNation.com is part of Sports Illustrated Sites
Terms under which this service is provided to you.
Read our privacy guidelines, your California privacy rights, and ad choices
Comments (49) Add A Comment
Sounds pretty grey id like to see the details. And what is the "catastrophe plan" for the ButtHead? Hes a train wreck.
Buc Fettman
Total Comments (1825)
Pretty much, Buc. When I read the title of the thread and saw his picture up there, I thought that by catastrophes, they meant him.
Stranger
Pearl City, HI
Total Comments (6803)
Condolences, prayers & peace to all affected by yesterday's tragedy.
3riverbabe
Total Comments (1071)
I don't know the details but all pro leagues (NHL, NFL, MLB and NBA) have similar plans; i.e. the ability to restock a "lost" franchise with a minimum number of players from other teams.
Sounds gruesome to talk about it in such a nonchalant way right now. It's hard to imagine the agony that the families and friends of those killed must be going through right now. I hope all of them can find some comfort and peace in knowing that tens of thousands are praying for them. This has been a really rough summer with the tragedies that have hit hockey. We can only hope that no more tragedies are in the offing.
Slapshot
Total Comments (8941)
Well said Slappy. Just imagine the families that are here and their loved ones that passed are thousands of miles away. Makes it even worse.
Buc Fettman
Total Comments (1825)
He has left specific instructions that if there is an ememergency, they are to get the "jaws of life" to get his head out of his tuchas
Spiny Norman
Total Comments (10758)
Don't know if it'll work, Spiny. He has that noggin' in there pretty deep.
Stranger
Pearl City, HI
Total Comments (6803)
@ Stranger Post #2....Myvote for Post of the Day
NY Rangers
Total Comments (3671)
I dunno.
My 3rd party liability on my car insurance is always recommened to be $3 million I believe.
$1 million isn't going to cover much.
Hank Kingsley
Port Alberni, BC
Total Comments (11717)
I'd buy a lot of Leafs.
Canuck eh?
Total Comments (18269)
$1 Million per player?!? that's a pittance! you can get Metlife for yourself for similar coverage for as little as $45 a month! WTF is a $1 Million coverage going to get you for a multi-million dollar investment.
"First, the "disabled team" would be allowed to negotiate to buy players under contract from other teams, with payment coming from the insurance money."
WTF? so that money doesn't go towards family or anything, it goes towards a downpayment (at best since we've determined $1 million is a joke) towards players from other teams to join your team?!?
So lets say a team goes down in a crash, management uses that money to wooo players away from their team to join a new team that has NO experience together and probably won't have ANY locker room chemistry for a few months, leaving that "new" team with NO chance at being successful in winning.
that all sounds like one **** ass deal!
ArchMedia
Spokane, WA
Total Comments (58)
yeah, but now there's more room since Colon Campbell is gone
Spiny Norman
Total Comments (10758)
They just said it was "a plan" they didn't say it was "a good plan." So it's much like everything else the Buttgoblin does.
Canuck eh?
Total Comments (18269)
Ditto. I still can't believe it. So sad.
PensFanDealWithIt
Total Comments (3831)
Too early for that, NYR. Thanks for the vote though.
Stranger
Pearl City, HI
Total Comments (6803)
I thought Campbell just use his tongue up there...
Stranger
Pearl City, HI
Total Comments (6803)
you seem to have only recently realized that the nhl is a league with its head up its arse!
Relax...it's easier if you try not to think about it!
puttin on the foil
Total Comments (7681)
Does the plan include minor league players?
Nobody expects…
Total Comments (13077)
I remember the old Ronald Reagan joke he had cancer on his nose and on his butt, you do the math.
shiprock
Total Comments (11458)
lol, no, i've known for a long time they're ass-backwards.
if you dig into my past threads (i don't have many to be honest) you'll see i have loads of suggestions.
with that said, I know that all the leagues have something similar, what's the minimum insurance amount in other leagues? anyone?
ArchMedia
Spokane, WA
Total Comments (58)
Comment
Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.