Thursday, September 10, 2009

Markets In Everything: Fantasy Sports Insurance and Conflict Resolution

From CNN:

"That Monday, [Olszewski] came in the office, and he was bummed out," said Anthony Giaccone, president of Intermarket Insurance. "He asked, 'Why can't we buy insurance for fantasy team players?' "

Thus spawned the brainchild for Fantasy Sports Insurance, which guarantees that NFL players won't miss a certain number of games. FSI will reimburse a fantasy player's entry fee if they do.

It's one of a blitz of bizarre businesses cropping up in the $800 million industry of turning quarterback stats to greenbacks, said Paul Charchian, president of the Fantasy Sports Trade Association.


Web sites like and offer to mitigate fretful fantasy feuds. Think there was collusion in a trade or your league commissioner is playing favorites? Write up your dispute and send it to one of the sites. For $15, a lawyer will settle your quibble.

1 comment:

Scott said...

The money has been sent!, you have sent $8.00 USD to Andrew.
We have sent you a receipt for this transaction, and an email has been sent to your recipient