<a class="bbc_url" href='http://m.espn.go.com/nfl/story?storyId=10851039&src=desktop'>http://m.espn.go.com/nfl/story?storyId=10851039&src=desktop</a>

If Teddy Bridgewater doesn't get picked in the first round of next month's NFL draft and can prove he has an injury or illness, he will collect a tax-free $5 million.

Interesting business move.

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"Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot."

I wonder how much the insurer charged for said policy . . .

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Waste of money. He'll go top 10 if not 5.

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Is this really unusual for players who are expected to be high draft picks in the NFL draft?  It seems only prudent to insure yourself in the event something happens that snuffs out your opportunity to move on to the next level.

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Never argue with idiots. They drag you down to their level and beat you with experience.

is he injured or ill?

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Tax-free? Those poor NFL athletes need all the help they can get. 

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Tax-free? Those poor NFL athletes need all the help they can get. 

 

This is protection for players who aren't yet NFL athletes, and who haven't actually gotten paid.  Look at guys who get injured in their final year of college with some career ending injury or at least an injury that does indeed cost them millions.  That's what these policies are for. 

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Never argue with idiots. They drag you down to their level and beat you with experience.

This was purchased before the season incase he broke his arm and didnt go in the first or something like that. Im pretty sure i read many players do this. 

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is he injured or ill?

If he was, the insurance company wouldnt write this policy

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Smart move. I'm pretty sure the pay drop-off from the #1 pick to maybe #15 is pretty big.

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I think Bridgewater at 3 is better value than Mack at 3, yes.

 

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LOLOLOLOLOLOLOL. Clown.
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This was purchased before the season incase he broke his arm and didnt go in the first or something like that. Im pretty sure i read many players do this. 

Yup he did this before the year, and we knew he did it before the year, I dont know why its being reported now like its something new

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<B><FONT color=cyan>Jags this is your year</FONT></B>

This is protection for players who aren't yet NFL athletes, and who haven't actually gotten paid.  Look at guys who get injured in their final year of college with some career ending injury or at least an injury that does indeed cost them millions.  That's what these policies are for. 

 

I don't disagree with the purpose of the policy. I just think it's absurd to make it tax-free when, if he's selected higher, the same amount wont be tax-free. It's essentially gambling with a huge payoff. 

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Yup he did this before the year, and we knew he did it before the year, I dont know why its being reported now like its something new

Because it was something new.

Sources tell ESPN.com that after the quarterback completed his junior season at Louisville, he added $5 million on top of his already purchased $10 million total disability injury policy and supplemented it with $5 million in loss-of-value insurance.

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"Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot."

I don't disagree with the purpose of the policy. I just think it's absurd to make it tax-free when, if he's selected higher, the same amount wont be tax-free. It's essentially gambling with a huge payoff.

The only one gambling is the insurance company.

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I wonder how much the insurer charged for said policy . . .

 

$20k, IIRC

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"You do your own thing in your own time. You should be proud."

Smart move. I'm pretty sure the pay drop-off from the #1 pick to maybe #15 is pretty big.

It is, but what is the relevance of the 15th pick?  The policy wouldn't pay a benefit until after the 32nd pick. 

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When you get into the endzone, act like you've been there before.

It is, but what is the relevance of the 15th pick?  The policy wouldn't pay a benefit until after the 32nd pick. 

I may misunderstand the whole situation then. Carry on.  :teehee:

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I think Bridgewater at 3 is better value than Mack at 3, yes.

 

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LOLOLOLOLOLOLOL. Clown.
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I may misunderstand the whole situation then. Carry on.  :teehee:

No problem, you got the important part right; if he gets hurt and doesn't go in the 1st, he still gets a big check.  :thanks:

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When you get into the endzone, act like you've been there before.