09-18-2024, 05:12 PM
(09-18-2024, 02:43 PM)Joelist Wrote: Which is the problem - they have to escrow in cash any guarantee amount which is due and not already paid. If they don't have the cash it isn't happening. Hopefully by end of season they will have that type of cash. What REALLY needs to happen is a new league rule that junks the escrow rule and instead the league itself guarantees all contracts. Work with an insurer and each team has a policy that insures all their contracts for which premium is paid - trust me a good P&C insurer can and will craft a policy that makes everyone happy.
And if Chase was smart he would have signed the offer, and used a fraction of that money to insure himself for more than 50 mil.
