$5,000,000 invested passively in a S&P500 mutual fund, with a withdrawal rate of 3%, will give him $150,000 a year for the rest of his life, and be able to leave the principal to his kids, plus some. He will have the freedom to do anything he wants except for playing basketball. He can be a coach, a scout, a motivational speaker, an underwater basketweaver, literally anything he fancies, without having to be concerned about how well it pays.
Basketweaver, yes. Basketballnetweaver? Maybe the insurance company has found a loophole. Don't do it, KJ!
I recall reading somewhere that there is a clause in the policy that allows KJ to try playing, and, if he can’t, he still gets the $5 million.
I guess it all depends upon the definition of "can't". Does "can't" mean you can't get signed to a minor league contract because your skills aren't good enough? If he plays at the D-II level, isn't that "can"? Remember, insurance companies are businesses based on analytics not much different than casino gambling rather than the administrator of benevolent ideals like the Shriners or others.
Seems now (after his preferred school has reconsidered clearing him), Gators might play against Key in a game this season.
. . . and have multiple complete law firms ready to argue the placement of an obscure comma somewhere turns "can" into "can't."
What is a comma? It was born from the word "coma", which means to have limited cognitive function. Insurance attorney: Are we to be held accountable for a client whose brain isn't functioning correctly? KJ's attorney: Can a murderer be held accountable when it has been shown they do not know the difference between right and wrong? And to that, can someone whose mental acumen is designed around basketball be held accountable for playing basketball when their livelihood is based on not doing what they are designed? I say, the insurance company implicitly knew who they were signing and chose to expect nothing would keep them from pocketing his monies. They were wrong. Can they be allowed to convict a mentally impaired murderer, because it profits them?
I wish him well. As much as I would love seeing KJ suit up for the Gators, I know UF has its reasons and KJ has his. I pray he has a long, healthy career. And he will always be a Gator.
He was dead, essentially. If he continues to challenge fate nobody can stop him from that. The UAA and prospective coach, however, can decide whether they choose to enable him, which speaks volumes about how they value the atheletes well being.
I almost drowned when I was a kid. Guess what, I got back in a pool a day later. I’m still alive. I went to Afghanistan not once, but 3x. Family and loved ones begged me to leave the Army. Some begged me to not even join the Army. Well, I couldn’t imagine myself without having served. I almost died from rhabdomyolysis before a basketball game 20 years ago. Still playing today even though I had some lasting effects. What is this nonsense about enabling and valuing well-being? Nobody could have stopped me from doing what I wanted to do. It’s KJ’s life, and if he wants to accept the risk who is anyone to tell him not to if he’s been medically cleared. You only die once. Yeah, I get clinical death and all that but if you are still alive, you never died. People who think like you helped drive KJ away right into the locker room of another school. Might he die? Yes. But so might any other athlete.
It's not my decision. Never has been. But if a coach or UAA doesn't want to risk him dropping on the court again, so be it.
That is obvious, but that’s not what I commented about. It was your assertion that allowing him to play indicates irresponsibility or not caring about him.
If KJ plays in more than 3 regular season games in college or NBA, $5 million insurance policy is void.
It will play out. If KJ loves basketball as much as I did when I was a kid, I absolutely understand that he wants to play. I wasn't close to KJ talent wise, but if I had been and if I had that episode and if a couple of doctors said the risk was small, I would have played. Frankly, if the risk was larger than small, I would have played. And I bet KJ is playing right now. If he's been playing pick up ball with no issues, he's gonna play. And I pray it turns out well.
I know you are trying to be funny, but even just $80k/yr is still more than double the median income in the US.
He was in the hospital for quite a while. Don't you think the doctors evaluated him? Why do you keep acting like there is no evidence of what was wrong? Have you seen his medical records, talked to his doctors?
