Connor McDavid protected himself for future earnings in case something happens

TSN: Chris Johnston said that the Edmonton Oilers only learned about the two-year contract idea from Connor McDavid on Monday morning, shortly before finalizing the two-year, $25 million deal. McDavid could have gotten over a $100 million more if he wanted a long-term deal.

“But what players do in this circumstance – and I’m told McDavid is one of them – is they do take out insurance to protect future earnings. This is normal for NHL players mid-career. And I did speak to a couple people who know how these things work, they didn’t actually know about McDavid’s specific coverage, but some of them cover tens of million, even up to $50 million in future earnings. So needless to say McDavid should be well protecte

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