As the former Baylor center suffers the heartbreak of finished NBA dreams, his “elite” coverage is now making headlines.
Isaiah Austin, the former center for Baylor, has recently been diagnosed with Marfan syndrome, a genetic disorder that impacts the connective tissue of the body and though the main headlines have been regarding the heartbreaking to his career, it has recently been discovered that he has an “elite” insurance policy.
The condition has caused Austin to watch his dreams of playing for the NBA to suddenly disappear.
That said, as this devastating news has hit the headlines, the former player’s agent, Dwon Clifton, has confirmed that Austin has an insurance policy for at least $1 million. Clifton explained that “We will get through this week, and then we’ll file the claim and get the ball rolling.”
The insurance policy was taken out by way of the NCAA elite athlete coverage program.
Austin, a 7-foot-1 promising college basketball player, purchased the coverage through the elite athlete insurance program from the NCAA. The average college ball player pays about $5,000 per year for every million dollars of protection. This type of coverage allows the player to make a claim for that full amount only if he has experienced a career ending disability.
A physical that was conducted pre-draft showed that Austin had a genetic disorder called Marfan syndrome. Sufferers of this condition are discouraged from undertaking any form of exercise that is too strenuous as it could be too much for the heart to be able to handle. Usually, any insurance that covers events that would completely end an athlete’s career would involve a full year’s waiting period in order to provide the insurer with adequate time to know that the player has taken the time to try to recover.
However, in the case of Austin, it is likely that the wait time will not be as lengthy, as there isn’t very much debate as to the diagnosis that has been made nor to the recommendations that have been made by his doctors. According to Clifton, if a shoulder injury or eyesight problem had occurred, the insurance policy wouldn’t have paid out as it will now.