in_the_media

Should pro athletes be insured against injury?

Media Outlet: 

WHYY/NewsWorks

After Eagles quarterback Michael Vick received his second injury in as many weeks, many wondered: Should pro athletes be insured, or are the stipulations in a big money contract enough to protect a team's investment? Michael Leeds, a professor of economics at Temple, says while insuring a player isn't standard procedure for most teams,"[y]ou have players who might be in the last year of a contract. And one who comes to mind is DeSean Jackson with the Eagles, who just took out a fairly hefty insurance policy to protect against his having a catastrophic injury before he can sign his next contract," said Leeds.