Drew Brees

My apologies on the spoiler. No I’m not a huge lockout guru, well actually I am but I really don’t know all that much about the retired players benefit structures. But I am an accountant with an MBA so I’m thinking the education probably gave me a leg up and I sometimes assume others should be able to figure things out how I do. My apologies for being snoody. Anyways, yes the answer to your question is the legacy fund is a portion of the retired players benefits and the rest goes into other programs for them, none of which I actually know of specifically.

Purplehayseuss,

You do understand that the legacy fund is only a portion of the retired players benefits right? So let’s say they offer health care for 200 million, 200 million on other programs for the retired guys, and than put 600 into the legacy fund that it still equals a billion? The guy wrote a blog post, mentioning where the majority of funds would go, not a line by line budget.

Your post is the definition of ignorance. Have you even taken 5 seconds to think that maybe the billion can be partially pooled to purchase group medical insurance for qualifying players? Maybe there’s a small chance the nflpa will actually offer insurance rather than pay retail for surgeries? You know, like the other 99.9999999% of corporations and employers in this country.
Last time I checked, my company isn’t paying 500k on surgery, they pay about 400k in insurance premiums per year. And that covers everyone.

This is excellent news, though. Players have only been getting fair-market salaries for about two decades. The league owes a debt to those players from earlier eras who weren’t paid commensurate with the revenues they generated. Many of those players have been struggling to deal with healthcare issues that have followed them into retirement. I hope these funds will help compensate for their financial hardships.

id take Ditka every time… unless the disease was called “DITKA Syndrome”

MDS, did you leave something out? Or do you, like our government, believe that we don’t notice something like $400 Million dollars?

That much money would almost make Peyton Manning’s next contract, I’d think someone would notice.

“Not really. If it costs 500,000 for surger(ies) to replace a knee (and that is a conservative figure), $1B will cover 2,000 surgeries. Never mind players like Earl Campbell who will be treating for 35 years if he lives to 70 or the countless others with neuro problems.”

its called health insurance. Group HMO c’mon man!

5 years experience? 3 years?

I’m sure someone who plays in just a handful of games won’t have access to that fund.

Also, how big was the fund prior to this agreement? This story doesn’t say if this $1 Billion is larger or smaller than the previous one.

Also, is the $1 Billion part of the 48% of the pie that the players get?

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I believe in the last deal you had to play seven years before you could get the pension. My guess it would be identical. I would hate to see a dumbs$ such as Onterrio Smith who couldn’t keep clean for 5 minutes get any benefits for a year and half of service.

Either way, it’s progress. NOW JUST SIGN THE DAMN CONTRACT. MAKE NEXT MONDAY THE CRAZIEST DAY IN NFL HISTORY!!!!

Not really. If it costs 500,000 for surger(ies) to replace a knee (and that is a conservative figure)…

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conservative figure? How about 8 – 10 times over the average cost of knee replacement surgery. The billion does not need to pay for single surgeries either. Cost of such surgeries is greatly reduced by a good health care plan.