[Bette]

Circumstances in Dallas have changed so dramatically that Cowboys quarterback Tony Romo has gone from being his team’s insurance policy to having a $30 million one.
Before the season, without anyone noticing, Romo took out a $30 million, “loss-of-value” insurance policy, meaning the Cowboys quarterback, now in the last year of his contract, will be cashing in whether he’s healthy or hurt.
What’s different and notable about Romo’s loss-of-value policy -- unlike the permanent-disability insurance policies numerous athletes have taken out over the years -- is that he doesn’t have to suffer a career-ending injury to get paid.
Romo’s loss-of-value policy spells out that the quarterback would be eligible to be paid if an injury contributed to a downturn in his performance that affected his value on the open market.
If, for example, Romo broke his pinkie and his statistics slumped, then the quarterback would have a compelling case to collect on his policy.
The premium on it is not cheap; it is costing Romo somewhere in the vicinity of $150,000 this season. However, it enables him to have peace of mind and play with reckless abandon, knowing that he is insured in the event of injury
Insurance policy all but guarantees Romo will get paid

[Quality88]

Boy ain't stupid is he.

[Gotham Dark Knight]

Originally Posted by Bette

Circumstances in Dallas have changed so dramatically that Cowboys quarterback Tony Romo has gone from being his team’s insurance policy to having a $30 million one.
Before the season, without anyone noticing, Romo took out a $30 million, “loss-of-value” insurance policy, meaning the Cowboys quarterback, now in the last year of his contract, will be cashing in whether he’s healthy or hurt.
What’s different and notable about Romo’s loss-of-value policy -- unlike the permanent-disability insurance policies numerous athletes have taken out over the years -- is that he doesn’t have to suffer a career-ending injury to get paid.
Romo’s loss-of-value policy spells out that the quarterback would be eligible to be paid if an injury contributed to a downturn in his performance that affected his value on the open market.
If, for example, Romo broke his pinkie and his statistics slumped, then the quarterback would have a compelling case to collect on his policy.
The premium on it is not cheap; it is costing Romo somewhere in the vicinity of $150,000 this season. However, it enables him to have peace of mind and play with reckless abandon, knowing that he is insured in the event of injury
Insurance policy all but guarantees Romo will get paid

No wonder he can scramble around all over the field...

Though how do you prove in a court of law that any type of injury lead to a loss of performance?...I guess on top of the $150K, you get a top notch lawyer.

[Bette]

Originally Posted by Bette

What’s different and notable about Romo’s loss-of-value policy -- unlike the permanent-disability insurance policies numerous athletes have taken out over the years -- is that he doesn’t have to suffer a career-ending injury to get paid.
Romo’s loss-of-value policy spells out that the quarterback would be eligible to be paid if an injury contributed to a downturn in his performance that affected his value on the open market.
If, for example, Romo broke his pinkie and his statistics slumped, then the quarterback would have a compelling case to collect on his policy.
However, it enables him to have peace of mind and play with reckless abandon, knowing that he is insured in the event of injury
Insurance policy all but guarantees Romo will get paid

Looks like it wouldnt be that hard Goth. He gets hurt, his statistics slump, he gets paid. For sure, that's why he plays as reckless as he does.