OT: For Maryland, financial fallout from football player’s death could be tens of millions

[huskymedic]

For Maryland, financial fallout from football player’s death could be tens of millions

>>The economic peril could extend to multiple fronts:

• A legal settlement with the family of Jordan McNair, the 19-year-old player who died in June after suffering heatstroke during a team workout.

• Contract buyouts for coaches and administrators, including Coach DJ Durkin and two other football staffers who remain on administrative leave.

• The subsequent hiring of a new football coaching staff.

• A decrease in financial support from donors and fans, many of whom already have been reluctant to help pay off the remaining tab for a $196 million indoor football facility and who could stay away in droves from the Maryland Stadium stands this fall while the school continues to sort out the mess.

“With [potential] buyouts . . . I think you have already paid a price in terms of ticket sales, donations,” said one high-level booster, who spoke on the condition of anonymity because of the sensitive and unsettled nature of the matters. “Then you have to factor in, what do you end up paying the McNair family? And for how long do the ramifications of it last? It easily has got be $25 million and probably more than that.”<<

 

[Adios]

How can people who failed this badly get rewarded with any pay?

 

[CL82]

How can people who failed this badly get rewarded with any pay?

Because negligently letting players die were grounds for a dismissal for cause.

 

[huskymedic]

McNair family files notice of possible lawsuit

>> The filing claims an amount of damages "in excess of $10 million" for each parent, and the same amount to Jordan's estate for his pain and suffering prior to his death, for a total liability of more than $30 million.<<

 

[Doggie Style]

Plank will cover every dime. This is a nonissue

 

[uconnphil2016]

This might be a dumb question, but it’s not like Maryland is actually on the hook for the money, right? Wouldn’t Maryland have an insurance company who might cover them in suits like this? Or no?

 

[MilliniumPrince]

I would imagine a Negligence charge would void any insurance protection, but I could be very wrong about that.