The Locker Room

1. There is 'Fantasy Football Insurance.' 2. Why is it not universal?

Posted by Jon Sanders at 2:04 PM

Once again, economics and fantasy football intersect:

... it was estimated that Tom Brady’s injury could have shifted $150 million in fantasy winnings.

The idea is pretty simple.

If any of the stipulated top 50 players go down for a significant part of the season, and you’ve paid for their insurance, Fantasy Sports Insurance will pay your entry fee back.

In order to collect, you have to select a player (one policy allows you to group three players), pay the insurance –- roughly 10 percent of your entry fee -– and watch that player miss roughly two-thirds of the games with an injury. ...

Of course, not everyone can afford Fantasy Football insurance. Isn't it just like Big Fantasy1 to keep it so that the poor can't afford Fantasy Football Insurance? Don't people have a right to Fantasy Football Insurance? Can't we at least bring competition to fantasycare by having FF insurers help fund and then compete against a public-option FF insurer? Think of the children!


Note

1. That's just a made-up epithet to paint the fantasy-sports industry in scary terms (such as Big Pharma and Big Oil); it's not to be confused with Daren Bakst.

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