Yeah, I may be in the minority, but offering a contract to an injured player comes with risk. This time it didn't pay off. Now "he who shall remain nameless" may chime in here with the necessity to accurately reflect insurance coverage in this instance, but I'm not sure OOTP would gain a whole lot from such an addition. As it is, IIRC, there is no ongoing penalty for a CEI, so all that's lost is the use of the player. In RL, and I'm not expert here, but I think Fielder and Wright come to mind from what minimal reading I've done, saddling their teams with major expenditures covering whatever clauses were in effect.
Is what it is, IMHO.