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How NFL Teams Are Using Insurance to Create Cap Space

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Content provided by ESPN. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ESPN or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

When Aaron Rodgers was injured four snaps into his tenure as the new quarterback of the Jets, he not only missed, virtually, the entire 2023 season, but cost the team up to $22 million dollars in lost production. A fate the Jets could have mitigated by taking out an insurance policy on Rodgers.

Rodgers' situation is one that stands out amid a trend of teams buying insurance policies on star players around the NFL. The practice — which is becoming more popular as the sums of guaranteed money in players’ contracts increases — can soothe the bite of losing a player to injury, while also creating cap space for strategic front offices.

Today, Senior ESPN reporter Kayln Kahler breaks down how these policies actually work, and explains why some teams have bought into the trend, while others opt out.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1290 episoade

Artwork
iconDistribuie
 
Manage episode 440702838 series 2558802
Content provided by ESPN. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ESPN or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

When Aaron Rodgers was injured four snaps into his tenure as the new quarterback of the Jets, he not only missed, virtually, the entire 2023 season, but cost the team up to $22 million dollars in lost production. A fate the Jets could have mitigated by taking out an insurance policy on Rodgers.

Rodgers' situation is one that stands out amid a trend of teams buying insurance policies on star players around the NFL. The practice — which is becoming more popular as the sums of guaranteed money in players’ contracts increases — can soothe the bite of losing a player to injury, while also creating cap space for strategic front offices.

Today, Senior ESPN reporter Kayln Kahler breaks down how these policies actually work, and explains why some teams have bought into the trend, while others opt out.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1290 episoade

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