That may be the case, first I have heard of it. Those insurance premiums would be something some big market teams would be willing to cover while smaller market teams would be left out.BurningBeard wrote:Isn't the bigger issue with those deals insurance coverage? I think the insurance is becoming a major issue for some of these teams. If they're having to insure contracts at 5% of value and not past a certain amount of years, that is a huge expense and potential liability.Topper wrote:You can't blame GM's and owners for signing these deals. The structure was permitted under the old CBA and teams can not collude not to sign these deals.
Under the previous CBA, many of the long term deals were not bad deals and Luongo's may very well have been the best of the bunch when you weigh in player's skill, age, term, real salary and cap hit.