No right-minded quarterback would ever call a play without a backup plan. If your wide receiver gets jammed, you've got your tight end running a slant pattern as your second option. In a pinch, you can always dish to your fullback, keep the ball and look for daylight -- or my pick: scamper for the concussion-free sidelines.
That's why Florida State's celebrated Heisman Trophy-winning quarterback Jameis Winston isn't taking any chances with his future.
© MIKE BLAKE/Reuters/Corbis
According to reports from Yahoo! Sports and ESPN, college football's man-of-the-moment has taken out a disability and "loss of value" specialty insurance policy that would pay up to $10 million should his stock decline before next year's National Football League draft.
Insuring against a draft miss
An unnamed source says the policy payout is split evenly between:
- A permanent disability insurance feature, which he would collect if he were injured and could never play football again.
- Loss of value coverage, should his prospects diminish in the 2015 draft.
Winston, who is projected to be a top 10 draft pick, would collect a percentage of his benefit should he not be selected in the first round due to injury or illness.
It's not unusual for college gridiron standouts to lay a small wager on the pass line, just in case their number doesn't come in. The National Collegiate Athletic Association even sponsors a disability insurance program for certain budding sports prospects that includes total disability coverage. The NCAA program caps the amount of coverage at $5 million but prohibits participating athletes from buying supplemental loss-of-value coverage.
A pricey policy
Winston has good reason to cover his bases, considering his run-ins with authorities. He was investigated last year for an alleged sexual battery but was not charged, and more recently he was accused of shoplifting crab legs from a Tallahassee supermarket. Nobody said it would be easy growing up under the glare of the national media klieg lights.
Lest you were toying with buying a little coverage for your own prospects, it's estimated that Winston's policy will cost the 6-foot-4, 235-pound phenom $60,000 this year to insure a high draft pick. Top prospects typically obtain financing to pay for draft insurance.
Then again, if, as a redshirt freshman, you were named the Atlantic Coast Conference Player and Rookie of the Year, a consensus All-American, the offensive Most Valuable Player of the BCS title game and the youngest-ever Heisman winner, you'd have plenty of lenders just in the stands willing to help out.
Here's how entertainment figures insure themselves with "no-show insurance."
Follow me on Twitter: @omnisaurus
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