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Britain to cover Deng’s insurance cost

Britain's basketball chiefs have vowed to cover the cost of Luol Deng's participation in the Olympics amid concerns over the high cost insurance for the Chicago Bulls star.

Updated on: May 28, 2012, 01:19:29 IST
AFP | By , London
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Britain's basketball chiefs have vowed to cover the cost of Luol Deng's participation in the Olympics amid concerns over the high cost insurance for the Chicago Bulls star.

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Deng has been nursing a wrist injury for the closing months of the NBA season, a pre-existing condition which means his lucrative $27-million-dollar contract is not covered by the league's insurance during the Olympics.

It means British Basketball is likely to have to find around £300,000 pounds to insure Deng for the games this summer, an enormous amount for the relatively cash-strapped governing body. British Basketball has in the past paid insurance to cover an old back injury sustained by Deng, but cash for the new premium will have to be found by diverting resources from other programmes, officials said.

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