Hull City's insurance pay-out for Ryan Mason's cruel retirement is revealed Hull City received an insurance pay-out of £1m after club-record signing Ryan Mason was forced to retire last year, Hull Live can reveal. Mason became the Tigers most expensive recruit in August 2016 when joining from Tottenham in a landmark deal worth £13m. The England international made 20 appearances for City but the last of those brought a cruel end to a once promising career. Mason suffered a sickening head injury when colliding with Gary Cahill in City’s Premier League game away to Chelsea in January 2017 and needed emergency surgery on a fractured skull. The hope was for the midfielder to eventually make a full recovery but 13 months later it was decided the risks attached to a comeback were too great. Mason retired with immediate effect at the age of 26 and it is understood City have since received just £1m of their huge outlay through a basic insurance package. https://www.hulldailymail.co.uk/sport/football/hull-citys-insurance-pay-out-3430639
Hopefully the lad had some personal "Accident & Health" coverage for himself at the time too. Premiums wouldn't have been cheap as certain sports are "rated", but his salary would have been adequate enough to get a fair whack of coverage. Presumably he had a sensible advisor.
Without doubt. However he lost potentially 8-10 years of a high income contract(s). I doubt running a junior team is very lucrative. High income earners, while they have it available, would be wise to plan ahead for ages 35-80 needs. In his case 26-80 needs. Hence insurance.
I realize that OLM. I suspect the proceeds of such policies would fall short of covering a player's remaining contract income, let alone financial requirements for the rest of their lives. Hence my suggestion they should augment the coverage out of their own pockets. It's a short career anyway, and if the income is there, use some of it for security.
The PFA recommend that players take our their own additional cover, particularly at the top level and it seems the maximum payout for the most comprehensive cover is five times a player's annual salary.
Snodgrass, Bullard, Mason and Diame The bigger the signing, the longer the injury period. Am I officially allowed to say we have been unlucky as **** in the PL with these key absences?
Would appear that dumb and dumber ended up with a relative pittance in compensation as they opted for a 'basic' insurance package. Surely they would have learned from experience that expensive footballers do sometimes get seriously injured early in their contracts? In fact, Jimmy ...
Hernandez too crocked for a long time. Good job he took an intensive English Language learning course in those idle months to enable him to become so fluent