|Daughter of Chiefs player to receive windfall|
|Written by Admin|
|Wednesday, 05 December 2012 12:08|
Jovan Belcher's 3-month-old daughter, Zoey, stands to receive $108,000 annually over the next four years, $48,000 in the fifth year and then $52,000 each year until age 18. She'll continue to receive that amount until age 23 if she attends college.
The beneficiary of Belcher, who was in his fourth season, also will receive $600,000 in life insurance, plus $200,000 for each credited season. There is also $100,000 in a retirement account that will go to his beneficiary or estate.
Players' beneficiaries are kept confidential.
The current collective bargaining agreement was ratified in August 2011.