Sunday, November 28 2021

Last week, 18 former NBA players were arrested for allegedly taking part in an effort to defraud the insurance program for retired players, reportedly scamming $4 million from the system.

That health program is only a few years old, and it’s something NBA legend Spencer Hayward — the chairman of the National Basketball Retired Players Association – fought hard to see put in place. Hayward told the Boston Globe he was heartbroken by the news of the alleged fraud.

“What I was fighting for is we had no health insurance as retired players,” Haywood said. “Chris Paul and LeBron James and all those guys came up with a plan to come up with insurance for all of us. And what these guys [the alleged scammers] have done is taken advantage of that health insurance we worked so far for. And it’s blackened all of our eyes…

“The different players that had to have major stuff done, that they didn’t have [insurance],” Haywood said. “But here we got these guys who have decided from the fraudulent standpoint to say, ‘hey they’ve got this good stuff, let’s take some money.’ It’s just disgusting.”

This insurance has been literally lifesaving for many retired players. Haywood mentioned the heart transplant Nate Archibald got as an example, but there are many others.

It’s easy, and in this case accurate, to use the “few bad apples” cliche, but Haywood also understands the PR hit this means, the black eye. When people think of the insurance for retired players, too many will think of this now and not Archibald and the many others who benefited.

Fortunately, the health insurance program isn’t going anywhere.

Check out stories from our season preview series

As Mavericks ascend with Luka Doncic, Kristaps Porzingis could swing their… Pacers can’t recreate past, but can move forward, with Rick Carlisle Mavericks stuck in neutral around Luka Doncic

Spencer Haywood fought for retired player insurance, “heartbroken” by recent scam originally appeared on NBCSports.com

Source: Yahoo Sports

Previous

Nathan Eovaldi just who Red Sox want in ALDS Game 3 vs. Rays

Next

‘We’re having a lot of fun’ – Ezekiel Elliott and Erin Andrews discuss the Cowboys’ hot start

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Pro Sports Media

Trending Now

Evan Mobley injury update: Cavs rookie planning to return from elbow sprain on Saturday vs. Magic, per report

Getty Images Cleveland Cavaliers rookie Evan Mobley has been out since Nov. 15 with a sprained elbow, but according to The Athletic’s Shams Charania, he is expected to return to the lineup on Saturday against the Orlando Magic, assuming there are no setbacks in his recovery. That would put Mobley ahead of the initial 2-4 […]

Read More

MLB rumors: Alex Wood, Giants finalizing two-year, $20M-plus contract

Report: Wood finalizing two-year contract to return to Giants originally appeared on NBC Sports Bayarea Farhan Zaidi and Scott Harris made no secret of the fact that they wanted to get the 107-win Giants squad back together. They’re not wasting any time, either.  The Giants announced on Monday that they’re bringing Anthony DeSclafani back on […]

Read More

Wizards vs. Heat: How to watch, schedule, live stream info, game time, TV channel

Through 3 Quarters The Washington Wizards typically have all the answers at home, but the Miami Heat are posing a tough problem. The Heat currently hold a 75-71 lead. Miami has been riding high on the performance of small forward Jimmy Butler, who has 20 points in addition to five rebounds. One thing to keep […]

Read More