Colt takes out insurance policy [Archive] - SoonerFans.com Message Boards

Sooner24

7/26/2009, 05:37 PM

http://sports.espn.go.com/ncf/news/story?id=4356869

Brad McCoy, Colt's father, said Sunday that Colt has a policy that would pay between $3 million and $5 million in the event of a career-ending injury.

"The premium is astronomical," said Brad McCoy. "But the payback in the event of a catastrophe puts the monetary value there. We felt it was the prudent thing to do."

Sam Bradford's father, Kent, is an insurance specialist. And because his son is a client, he declined to provide any specifics regarding Sam's policies.

XingTheRubicon

7/26/2009, 05:41 PM

hmmm

badger

7/26/2009, 06:18 PM

So... um... the only issue that remains is whether Kolt will be making $3-5 mil in the NFL, or if he'll be going the Graham Harrell route to Canada... after all, Graham beat him :D

SoonerInFortSmith

7/26/2009, 06:21 PM

He might not even make enough to pay pops back the premiums. That would be hilarious.

GKeeper316

7/26/2009, 06:24 PM

i hope he's 3-5 mil richer after the cows first game.

swardboy

7/26/2009, 06:32 PM

i hope he's 3-5 mil richer after the cows first game.

DO.NOT.WISH.INJURY.ON.ANY.OPPONENT. I want to know we beat our opponents at their best.

sooner94

7/26/2009, 06:33 PM

Anyone know what Colt's projected draft stock is? I saw a mock draft that had him going in the top 10, but I don't buy it.

Not knocking Colt (he is a damn good player I have to admit), but I don't see him as a first rounder. Not the size the NFL wants, and doesn't have the cannon either. Real smart player, accurate and a leader, but that doesn't necessarily get you to the NFL, or at least the first round. Ask a few former Sooner QB's.

sooner94

7/26/2009, 06:34 PM

DO.NOT.WISH.INJURY.ON.ANY.OPPONENT. I want to know we beat our opponents at their best.

Yeah, I want the Horns at their best when we play em. Going to be a war in the Cotton Bowl.

GKeeper316

7/26/2009, 06:36 PM

DO.NOT.WISH.INJURY.ON.ANY.OPPONENT. I want to know we beat our opponents at their best.

**** that... i hope him and jordan shipley both get paralyzed in a car crash... in fact i hope terrorists decide to blow up austin and mack brown's dog gets hit by a truck. and his wife cheats on him and his sons turn gay.

bluedogok

7/26/2009, 07:16 PM

If he has a good season next year I could see him go anywhere from round 4-6, a "great season" (hope not) he could move up a round. I don't see him being a first rounder just because he isn't playing in a pro style offense unless they change it this season and he doesn't seem to have the "measurables" that the pros look at.

Curly Bill

7/26/2009, 07:20 PM

Yup, I don't see the arm strength that the NFL boys look for in their QB's.

XingTheRubicon

7/26/2009, 07:51 PM

stoopified

7/26/2009, 08:03 PM

Talk about being grossly OVERINSURED.It is a lot like driving a Pnto and having Ferrari insurance.

Boomer Mooner

7/26/2009, 09:23 PM

**** that... i hope him and jordan shipley both get paralyzed in a car crash... in fact i hope terrorists decide to blow up austin and *Mack* brown's dog gets hit by a truck. and his wife cheats on him and his sons turn gay.

Wow. Thats a little over the top dude. I would never wish anyone be paralyzed in a car wreck, you're just tempting karma friend. We're Sooners and we want to kick the dog **** out of the best they can offer, on the field. Wishing anyone is paralyzed so it's easier to beat them is something I would expect to see on the whorns site, not here.

CrimsonJim

7/26/2009, 11:21 PM

Not to be piling on, but this. ^^^

JiuJitsuSooner

7/26/2009, 11:29 PM

JiuJitsuSooner

7/26/2009, 11:35 PM

Colt will go by the end of the 2nd Round if he stays healthy

badger

7/27/2009, 07:14 AM

I projected Kolt to go in the first round, like 100 other players, so since he slipped to the seventh round despite me projecting him to go in the first, he's a steal!

Mel will say the same thing when Tim Tivo doesn't get drafted :D

jumperstop

7/27/2009, 09:10 AM

I mean I don't want anyone paralyzed like crazy dude, but I would let out a little snicker if he had a throwing hand injury the first game. It is true I would like to play them at thier best, but you guys were saying that about Flordia last year. If they didn't have percy and we weren't "playing them at their best" we would be the 2008 NC.

Edit: Again I want to reiterate, I do not share the views of GKeeper. I'm just playing devil's advocate.

sooneron

7/27/2009, 10:03 AM

Can you make that much on the practice squad?

badger

7/27/2009, 10:14 AM

Can you make that much on the practice squad?

The minimum through 2010 is $88,400 annual or $5,200 per week, because as ENA found out, practice squad players are not necessarily going to stay with a team the entire season, unfortunately. It is very rare for a player to make more than the minimum if they're a practice squadder, (sounds like squatter lol) because if the player was worth fighting over, he'd be on a regular roster spot.

sooneron

7/27/2009, 10:16 AM

so what you're saying is.... NO

badger

7/27/2009, 10:34 AM

so what you're saying is.... NO

I am not sure... I have heard that in the past, premiums are like $10,000 for every $1 million of insurance, but since the NCAA is sponsoring this now and it seems to be the trendy thing to do, perhaps premiums have gone up with this type of insurance's popularity.

If Kolt were to make it through a season on the practice squad or even a week, the answer's 'no' because half of income usually goes to taxes (we'll leave the obama tax speculation for the south oval, mkay?).

Even at the NFL minimum for a regular roster guy, the answer still might be 'no' because of taxes and assumed expenses. Last I heard, the rookie minimum is $285,000 annually. He might get a signing bonus too, but the guy will need something to live on during the summer, so it's possible that he won't be able to take care of the premium right away without a good draft... but we knew that already, so just ignore this post :D

Rhino

7/27/2009, 12:18 PM

GKeeper316 is taking a little timeout for that one.

badger

7/27/2009, 12:31 PM

GKeeper316 is taking a little timeout for that one.

http://i25.tinypic.com/2drdtv7.jpg

A-M

7/27/2009, 01:15 PM

SoonerInFortSmith

7/28/2009, 12:11 AM

i hope he's 3-5 mil richer after the cows first game.

I want him to make it to the RRS so our D-Line studs can beat the carp out of him. I'm talking snot bubbles Mike Singletary style!

cheezyq

7/28/2009, 10:00 AM

Wow. Thats a little over the top dude. I would never wish anyone be paralyzed in a car wreck, you're just tempting karma friend. We're Sooners and we want to kick the dog **** out of the best they can offer, on the field. Wishing anyone is paralyzed so it's easier to beat them is something I would expect to see on the w*horns* site, not here.

Say, you didn't happen to be at an Oklahoma bar last year and have a scrotum-ripping confrontation with a UT fan by any chance, did you?

BermudaSooner

7/28/2009, 11:43 AM

I am not sure... I have heard that in the past, premiums are like $10,000 for every $1 million of insurance, but since the NCAA is sponsoring this now and it seems to be the trendy thing to do, perhaps premiums have gone up with this type of insurance's popularity.

If Kolt were to make it through a season on the practice squad or even a week, the answer's 'no' because half of income usually goes to taxes (we'll leave the obama tax speculation for the south oval, mkay?).

Even at the NFL minimum for a regular roster guy, the answer still might be 'no' because of taxes and assumed expenses. Last I heard, the rookie minimum is $285,000 annually. He might get a signing bonus too, but the guy will need something to live on during the summer, so it's possible that he won't be able to take care of the premium right away without a good draft... but we knew that already, so just ignore this post :D

These policies I have seen in the past cost between 3-5% of the face value--almost always provided by Lloyds.

I had heard from a friend of a friend that Sam's policy was for $30 million--but that doesn't sound right and is well above typical limits provided by Lloyds. Maybe Sam's dad called in some favors.

goingoneight

7/28/2009, 12:06 PM

Is Cart's insurance agent a Hook 'em?

I'm thinking if Gerald McCoy hits him hard enough there might be some NCAA sanctions to be hammered down Austin-way. ;)

Boomer Mooner

7/28/2009, 12:23 PM

Say, you didn't happen to be at an Oklahoma bar last year and have a scrotum-ripping confrontation with a UT fan by any chance, did you?

Well that dooshbag had it comin'. It's not like he's paralyzed or anything. And really, I figure in another 20 years Whorn fans will have evolved to the point they won't even have a scrotum...face it, they're only ornamental now.:rolleyes:

GKeeper316

7/28/2009, 06:37 PM

GKeeper316 is taking a little timeout for that one.

sorry, guess i just hate the cows more than everyone else.

Curly Bill

7/28/2009, 09:50 PM

sorry, guess i just hate the cows more than everyone else.

No, ya just can't talk about em getting hurt on here, it's kinda frowned upon as you noticed.

Bosley

7/28/2009, 10:51 PM

What if he just injures his vagina? How much?

olevetonahill

7/28/2009, 11:08 PM

Yall making fun of the Kid for this suck :mad:
hell He would be stupid Not to.
I wish him well all year cept fer 1 sat. on Oct.

GKeeper316

7/29/2009, 01:18 AM

ok that game was on espn u last night. i relived the pain, just out of pure masochism.

giving shipley another year further feeds my theory that the ncaa is run by these guys.

http://www.youtube.com/watch?v=CYooxim0u0Y

JLEW1818

7/29/2009, 01:19 AM

I don't root for players to get injured... (see Dennis Dixon 2007....i kinda screwed that up for us guys...Bradford concussion 2 days later)

but i don't care if other players get hurt.

JLEW1818

7/29/2009, 01:23 AM

Speaking of Dennis Dixon ... some good side notes..

In the 2008 NFL Draft, Dixon was taken in the 5th round (156th overall) by the Pittsburgh Steelers. It was speculated that he could be used in the manner that the Steelers used Antwaan Randle-El (a college quarterback turned NFL receiver).[16]

Dennis passed for a combined 12 for 24 in passing attempts in two 2008 preseason games, in addition, he ran for a 47 yard touchdown against the Buffalo Bills.[17] On December 28, 2008, Dixon completed his first official NFL pass to Hines Ward—the reception was Ward's 800th.[18]

Dennis Dixon was deactivated for most of the 2008 season as the third-string quarterback behind Ben Roethlisberger and Byron Leftwich. He received a Super Bowl ring after Super Bowl XLIII.

soonerloyal

7/29/2009, 10:06 PM

**** that... i hope him and jordan shipley both get paralyzed in a car crash... in fact i hope terrorists decide to blow up austin and *Mack* brown's dog gets hit by a truck. and his wife cheats on him and his sons turn gay.

Shut your mouth, or I'll ask your mama to slap it shut for you. Or tell her I'm closer, and I'll do the job. Shame on you.

Shame. :mad:

Who the hell is this kid, anyhow?! :eek:

GKeeper316

7/29/2009, 11:15 PM

Shut your mouth, or I'll ask your mama to slap it shut for you. Or tell her I'm closer, and I'll do the job. Shame on you.

blah

Curly Bill

7/29/2009, 11:20 PM

Hey GKeeper you and soonerloyal have somekind of history? They be hating on you.

GKeeper316

7/29/2009, 11:22 PM

Hey GKeeper you and soonerloyal have somekind of history? They be hating on you.

nope, but he seems to have a problem with me just because i wish serious bodily injury on anyone that wears a cow on his helmet...

Curly Bill

7/29/2009, 11:25 PM

nope, but he seems to have a problem with me just because i wish serious bodily injury on anyone that wears a cow on his helmet...

That is seriously frowned upon here. It doesn't particularly bother me, but some peeps can be pretty "touchy" about it. :D

GKeeper316

7/29/2009, 11:32 PM

That is seriously frowned upon here. It doesn't particularly bother me, but some peeps can be pretty "touchy" about it. :D

thier problem then.

i ****ing hate texas.

i hate the texas fans.

i dont even visit my brother and his wife because they live in mesquite.

olevetonahill

7/30/2009, 12:07 AM

nope, but he seems to have a problem with me just because i wish serious bodily injury on anyone that wears a cow on his helmet...

SHES a Nice Lady who just had the aniversary of Losing her Momma :mad:

GKeeper316

7/30/2009, 12:16 AM

SHES a Nice Lady who just had the aniversary of Losing her Momma :mad:

ya thats rough losing a parent, but that dont mean she can just talk **** about me... i havnt done anything but hate texas more than everyone else. fail to see why everyone's panties are all bunched up about it.

olevetonahill

7/30/2009, 12:37 AM

ya thats rough losing a parent, but that dont mean she can just talk **** about me... i havnt done anything but hate *Texas* more than everyone else. fail to see why everyone's panties are all bunched up about it.

Maybe ya need to learn how to hate with out the Viciousness:rolleyes:
The only thing she did was suggest you More or less warsh yer mouth out with soap fer all the Nastiness ya was spewing

As far as hating the :texan: s More than anyone else , why son you couldnt hold a lite fer GDC .
Id like to suggest you go Edit that post ya made about the Momma thing if ya would be so Kind .

Curly Bill

7/30/2009, 01:40 AM

Id like to suggest you go Edit that post ya made about the Momma thing if ya would be so Kind .

That might be a two-way street with the both of em.

Telling folks to shut their mouth or they'll slap it shut for them isn't real cool either.

SoonerKnight

7/30/2009, 02:49 AM

HATE saxet!!! I hate the state and the longhorns just as much as the next soonerfan!! I Gkeeper you need to tone it down! These are college kids and wishing serious injury on anyone is really not cool!!! Now I am looking foward to OU putting in asswhooping the likes they haven't seen!!! I want OU to win big andshut the cry babies up!!!!!

Seamus

7/30/2009, 03:48 AM

I despise whorns to the inner part of my marrow. But Colt, like it or not, is a warrior and a great QB. He is worthy of our respect and admiration, if not our undyling love. I hope come October his tear ducts burn out an O-ring or two. But a knee inkury or paralysis? Eff that.

Laddy, time to do a wee bit o' the growin' up.

Monster Zero

7/30/2009, 09:21 AM

DO.NOT.WISH.INJURY.ON.ANY.OPPONENT. I want to know we beat our opponents at their best.

What you said. Wishing bad things to happen to someone else causes harm to come back to your own self.

Statalyzer

7/30/2009, 05:34 PM

giving shipley another year further feeds my theory that the ncaa is run by these guys.

http://www.youtube.com/watch?v=CYooxim0u0Y

Shipley missed two entire seasons (as in, was not on the field for one single play, in case you didn't get it) and has since played in 3 full seasons. There was not the slightest bit of doubt that he would be allowed to play a 4th season. If Shipley didn't deserve an extra year, Jason White didn't either, because he actually got some game action during one of the two seasons he missed.

It was not only obviously within the rules, but totally fair (one of the few things the NCAA does right) that a guy who gets hurt still gets to play 4 seasons like everyone else.

Anyone know what *Colt*'s projected draft stock is? I saw a mock draft that had him going in the top 10, but I don't buy it.

Not knocking *Colt* (he is a damn good player I have to admit), but I don't see him as a first rounder. Not the size the NFL wants, and doesn't have the cannon either. Real smart player, accurate and a leader, but that doesn't necessarily get you to the NFL, or at least the first round. Ask a few former Sooner QB's.

I don't buy it either. Just between Texas and OU we've got some great college passers in Josh Heupel, Major Applewhite, and Jason White who didn't make it in the NFL.

Colt will make it in the NFL. But he's probably not a first round pick much less top 10 pick b/c he doesn't have the height and arm strength that the measurables guys want.

SoonerInFortSmith

7/30/2009, 07:55 PM

*Colt* will make it in the NFL. But he's probably not a first round pick much less top 10 pick b/c he doesn't have the height and arm strength that the measurables guys want.

If you call being a career backup "making it".

RedstickSooner

7/30/2009, 08:27 PM

The only players I typically wish injury on are the paid players at USC. Oh, and Elbow, because it'd be kinda cool to watch him lay on hands on himself on the sidelines, levitate a couple feet off the ground while surrounded by a dazzling heavenly light, and then be completely healed.

Don't see that every day, y'know?

BoulderSooner79

7/30/2009, 08:44 PM

If you call being a career backup "making it".

Over $1million/yr to hold a clipboard -- I call that "making it" (if it were me) :)

soonerloyal

7/30/2009, 09:51 PM

Meh. We'll both get over it. I doubt either one of us is seriously torn up over the drama. ;) But thanks, Vet. *smooch* *hug*

I'd rather be barked at due to wanting someone's trap slapped shut for wishing serious bodily harm on a teenage kid because he wears a nasty color, than let such a ill-bred remark slide unanswered.

Was more'n worth the two grey speks he gave me. Was that supposed to hurt? :D
Kids. What'll ya do with 'em?
:rolleyes:

SoonerBacker

7/31/2009, 11:11 AM

Wishing bodily harm, paralysis, etc on anyone is not a sign of hating a team more than anyone else. It is a sign of something, but not a sign of being the #1 saxeT hater on this board or in the Sooner Nation.

And Vet is right. SHE is a very nice LADY!

Statalyzer

7/31/2009, 05:11 PM

If you call being a career backup "making it".

I mean put in time as a backup for a while but also get some quality years as a starter, but probably not at pro-bowl level.

stoops the eternal pimp

7/31/2009, 05:17 PM

Over $1million/yr to hold a clipboard -- I call that "making it" (if it were me) :)

This

picasso

7/31/2009, 05:18 PM

I don't blame him one bit for drawing up that policy.

GottaHavePride

8/1/2009, 12:09 PM

I'd think he was kind of dumb if he DIDN'T have an insurance policy. So what if he turns into a career backup? (I think he's better than that, though.) A career backup is probably going to have way higher longevity than a superstar who gets drafted to a ****ty team and pounded flat every snap...

soonerloyal

8/1/2009, 01:08 PM

Don't blame the young man one whit, either. Nor Sam, or Tebow, or anyone else who decides to do this.

The only thing I decry is the general attitude of our society that pays too much to "stars" and yet so little to military/LEOs/Firefighters/teachers etc.

But that's another topic entirely, I suppose.

GKeeper316

8/1/2009, 03:07 PM

Don't blame the young man one whit, either. Nor Sam, or The Right Reverend Tim T. Messiah, or anyone else who decides to do this.

The only thing I decry is the general attitude of our society that pays too much to "stars" and yet so little to military/LEOs/Firefighters/teachers etc.

But that's another topic entirely, I suppose.

i couldnt agree more. i always thought it was a travesty that i was making about 1200 a month risking my life for my country every single day while athletes with no threat of death made millions... but i guess society doesnt value one poor farm kid from blanchard, ok.

soonerloyal

8/1/2009, 03:45 PM

i couldnt agree more. i always thought it was a travesty that i was making about 1200 a month risking my life for my country every single day while athletes with no threat of death made millions... but i guess society doesnt value one poor farm kid from blanchard, ok.

Well, a lot of us DO. (((HUG))) :( So, thanks to you from a little ol' cantankerous Mama of Two of The Few.

SoonerInFortSmith

8/2/2009, 10:38 PM

Over $1million/yr to hold a clipboard -- I call that "making it" (if it were me) :)

I know any one of use would give a _______ to have that job, but I meant "make it" by NFL standards. Did Chrissy Simms make it? Sure he got there, but getting there isn't enough to say you made it in my book.

And no, I'm not comparing McCoy to Simms. That was just the first name that came to mind as far as career backup/limited starter in the NFL.