Richard Gibson
Registered User
- Dec 5, 2018
- 702
- 356
Man whenever something comes out about this I still have trouble believing it. I still don't get the gofund me though. Especially with the article confirming he has been insured under Michigan's catastrophic no-fault claims insurance. After making millions and millions of dollars how is he in danger of running out of money for care? The interest alone on a 4 million dollar nest egg should cover that kind of 24 hour care.
Excuse me? He wasn't making ovechkin money but his contract was 2 mill a season at the time of the accident, and sports players usually insure their contract, not to mention the limo company was found liable in the accident who also would have been insured and if not everything would go under no fault at that time. So I ask the question agian for someone who had a 7 figure salary, why is there a go fund me?
Its pre cap an in some respects early internet era so information is not all that available. But it's not outlandish to inquire for someone with multi-year 7 figure salaries and insurance options that should plausibly be available to them why is it "wtf" worthy to ask what happened to the money? 2-4 million 1997 dollars could pull some cash annually if invested right and that is assuming no insurance has been available to him over the course of the rehabilitation. So what is the go fund me for, who has been in charge of his money over the years? If you want donations how about some numbers on why his money ran out. Not being critical because I think there is foul play, just curious what happened to the money?
At what point did I say no alternative scenario was possible? Why am I getting flamed for asking the question? How does a person who was a multimillionaire at the time of the accident, surrounded by multimillionaires belonging to a billion-dollar organization with routes to insurance coverage, have a go fund me?
Maybe because they ran out of f***ing money paying medical bills? Read the GoFundMe, it's f***ing heartbreaking, it was made by his wife.At what point did I say no alternative scenario was possible? Why am I getting flamed for asking the question? How does a person who was a multimillionaire at the time of the accident, surrounded by multimillionaires belonging to a billion-dollar organization with routes to insurance coverage, have a go fund me?
So because of a bunch of wild conjecture on your part founded on no solid information, this seems shady to you?Excuse me? He wasn't making ovechkin money but his contract was 2 mill a season at the time of the accident, and sports players usually insure their contract, not to mention the limo company was found liable in the accident who also would have been insured and if not everything would go under no fault at that time. So I ask the question agian for someone who had a 7 figure salary, why is there a go fund me?
So because of a bunch of wild conjecture on your part founded on no solid information, this seems shady to you?
According to what I can find, Vladdy made roughly $3.3 million in his career, which ended 22 years ago. Fetisov, Konstantinov and Mnatsakanov all sued the limo company, whose insurance policy had a $2 million limit. Divide that by three. Subtract legal costs. Because their lawsuit exceeded the limit of the policy Gnida and the limo company said the Wings insurers should pay for it since it was their event. The New Jersey Supreme court (where the insurance companies were based) ruled the Wings insurance policies did not cover the limo or driver. So all those legal costs yielded no compensation for the accident.
Then there's how much you're massively underestimating how much 24 hour care costs, and overestimating the interest on a million dollars.
In short, do some research and maybe find some answers if you're so suspicious of this GoFundMe.
Man whenever something comes out about this I still have trouble believing it. I still don't get the gofund me though. Especially with the article confirming he has been insured under Michigan's catastrophic no-fault claims insurance. After making millions and millions of dollars how is he in danger of running out of money for care? The interest alone on a 4 million dollar nest egg should cover that kind of 24 hour care.
Gnida was at fault,end of storyI have first-hand experience of how much 24-hour care costs and I am close enough to a few people who have no income other than what their investments bring in. A 2-3 million dollar investment is more than enough to cover 24-hour care even without dipping into principal. I never said it's not possible that the money ran out. Stuff happens. But the existence of a go fund me leaves a trail back to someone at fault if you ask me. The system failed if he has no coverage, someone failed if he has no money, his teammates and organization failed not setting up some kind of foundation. If the public is the last resort I don't fault the family for setting up a go fund me. I just think that is quite a trail of failures to have gotten there.
For sure he doesn't go to clubs or expensive restaurants. Health care in USA is just crazy expensive, especially for people like Vladimir.Excuse me? He wasn't making ovechkin money but his contract was 2 mill a season at the time of the accident, and sports players usually insure their contract, not to mention the limo company was found liable in the accident who also would have been insured and if not everything would go under no fault at that time. So I ask the question agian for someone who had a 7 figure salary, why is there a go fund me?