Can’t blame a guy for wanting his future contract insured. Got to think this is going to be the first of many players doing the same in the coming years.
Maybe this is what the NHL needs to make the World Cup of hockey more prestigious. I would assume their own event would cover the insurance, or existing contracts would have caveats for it.
ProphetofElias
What’s the news? I can’t read this
CamaroGirl96
I punched it into Google translate:
(Sorry for the crappy formatting)
Elias Pettersson will not come to the ice hockey World Cup. The ice hockey association has notified the Vancouver Canucks that they cannot pay the insurance. – The challenge is that when there is no contract to insure, how do you insure what does not exist? says national team manager Anders Lundberg.
Elias Pettersson had agreed to the WC. But it remained a challenge for the Swedish Ice Hockey Association to insure the NHL star who last season scored 102 points for the Vancouver Canucks. He and new national team captain Sam Hallam have a history together in the Växjö Lakers and they have both been talking about the World Cup since the Canucks finished their season and the star has been positive about the World Cup. But now it looks like there won’t be any World Cup games for the Swedish fixed star. But from the Ice Hockey Federation, it is the lid on a few details: – I will not comment on individual players and cases. We will only communicate when individuals are ready for the WC. This means that I will not say anything specific about Elias. If he is ready for the WC, we will communicate that, says national team manager Anders Lundberg. Elias’ insurance cover has always been a challenge. He earns SEK 80 million this season and will sign a new contract in the coming season with a very large value in itself. The current agreement runs until 2024. Elias Pettersson’s insurance too expensive Next year’s contract is no problem. There is an agreement between the NHL and the International Ice Hockey Federation. – What we do is that the player’s NHL insurance continues to apply during the WC. It’s a simple and quick process. We have dialogue with the IIHF and then we are informed about a premium we receive from the insurance company which we approve. The IIHF steps in and covers the initial 20,000 Swiss francs, says Lundberg. But the support and protection that Elias wants is a precious deal for the Ice Hockey Association. The union, according to practice, only insures the existing contract, and Vancouver and Elias want protection for the future contract as well. According to reports, the insurance cost SEK 2-3 million and according to reports, the Ice Hockey Association has now informed the Canucks that they cannot pay the insurance. Insuring a player after an existing contract expires is not relevant, according to Anders Lundberg: – The challenge with that is that when there is no agreement to insure how do you insure what does not exist? Sportbladet has also been in contact with Sam Hallam, the national team captain for Tre Kronor. – I have a line that I only talk about the players who agreed to the WC. Unfortunately.
Passaglia05
At least it’s just contracts.
Leo Messi has a $900 million policy on his left foot.
Real Madrid purchased an insurance policy for Ronaldo’s legs in 2009 for about $144 million.
However…FIFA, UEFA and the European Clubs Association (ECA) have an agreement so when players are injured on international duty during major tournaments, the national governing body will be required to compensate the club which the player plays for.
Aggravating_Copy6711
Maybe EP40 should fast track a new contract with management get him on a 9×8 before may
5 Comments
Can’t blame a guy for wanting his future contract insured. Got to think this is going to be the first of many players doing the same in the coming years.
Maybe this is what the NHL needs to make the World Cup of hockey more prestigious. I would assume their own event would cover the insurance, or existing contracts would have caveats for it.
What’s the news? I can’t read this
I punched it into Google translate:
(Sorry for the crappy formatting)
Elias Pettersson will not come to the ice hockey World Cup. The ice hockey association has notified the Vancouver Canucks that they cannot pay the insurance. – The challenge is that when there is no contract to insure, how do you insure what does not exist? says national team manager Anders Lundberg.
Elias Pettersson had agreed to the WC. But it remained a challenge for the Swedish Ice Hockey Association to insure the NHL star who last season scored 102 points for the Vancouver Canucks. He and new national team captain Sam Hallam have a history together in the Växjö Lakers and they have both been talking about the World Cup since the Canucks finished their season and the star has been positive about the World Cup. But now it looks like there won’t be any World Cup games for the Swedish fixed star. But from the Ice Hockey Federation, it is the lid on a few details: – I will not comment on individual players and cases. We will only communicate when individuals are ready for the WC. This means that I will not say anything specific about Elias. If he is ready for the WC, we will communicate that, says national team manager Anders Lundberg. Elias’ insurance cover has always been a challenge. He earns SEK 80 million this season and will sign a new contract in the coming season with a very large value in itself. The current agreement runs until 2024. Elias Pettersson’s insurance too expensive Next year’s contract is no problem. There is an agreement between the NHL and the International Ice Hockey Federation. – What we do is that the player’s NHL insurance continues to apply during the WC. It’s a simple and quick process. We have dialogue with the IIHF and then we are informed about a premium we receive from the insurance company which we approve. The IIHF steps in and covers the initial 20,000 Swiss francs, says Lundberg. But the support and protection that Elias wants is a precious deal for the Ice Hockey Association. The union, according to practice, only insures the existing contract, and Vancouver and Elias want protection for the future contract as well. According to reports, the insurance cost SEK 2-3 million and according to reports, the Ice Hockey Association has now informed the Canucks that they cannot pay the insurance. Insuring a player after an existing contract expires is not relevant, according to Anders Lundberg: – The challenge with that is that when there is no agreement to insure how do you insure what does not exist? Sportbladet has also been in contact with Sam Hallam, the national team captain for Tre Kronor. – I have a line that I only talk about the players who agreed to the WC. Unfortunately.
At least it’s just contracts.
Leo Messi has a $900 million policy on his left foot.
Real Madrid purchased an insurance policy for Ronaldo’s legs in 2009 for about $144 million.
However…FIFA, UEFA and the European Clubs Association (ECA) have an agreement so when players are injured on international duty during major tournaments, the national governing body will be required to compensate the club which the player plays for.
Maybe EP40 should fast track a new contract with management get him on a 9×8 before may