So I was thinking about this the other day..can college athletes that are far and away the best players in the nation aka. beasley, mayo and rose able to take out life insurance policies on themselves, borrow against the life insurance for cash and then re-pay once they sign their big contracts?
And if the answer is yes, we need to find a really good life insurance rep to start getting us some recruits ASAP
I have seen bits about borrowing against future earnings on ESPN or somewhere before. They don't need to do it via insurance anyway. They just go to a bank that is willing to take the 'risk'. On most sure fire lottery players its not tough.
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