Aye, the purpose for teams to buy such insurance would be a lot more likely with deals like the one Pratt just signed. Young player, long contract, where the cost would be fairly low because, wait for it...he is not likely to be catastrophically injured. Yes, it could happen, but that's the type of contract said companies could be profitable with. Getting 20 of those deals and if 2 guys get hurt, it's not a big loss. Likewise, the Brewers can recoup something for fairly low cost if he is hurt in year 2 of his 8-year deal. That's the kind of scenario where you get insurance, a low cost to protect against a disaster not likely to occur. Not for 1-yr deal on a guy very likely to get hurt so you can spend more money.