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According to the NCAA: 'Loss of value (LoV) coverage is insurance that protects a student-athlete's future contract Loss of value (LoV) coverage is insurance that protects a student-athlete's future contract value from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy's designated coverage period. from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy's designated coverage period.' These policies make financial sense only for a select few. (Photo: Shutterstock) According to the NCAA: ‘Loss of value (LoV) coverage is insurance that protects a student-athlete’s future contract Loss of value (LoV) coverage is insurance that protects a student-athlete’s future contract value from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy’s designated coverage period. from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy’s designated coverage period.’ These policies make financial sense only for a select few. (Photo: Shutterstock)

For basketball fans, the upcoming NBA draft on June 20 is the most exciting day of the off-season.

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