Eagles RB Jay Ajayi had insurance policy to protect from injury

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Eagles RB Jay Ajayi had insurance policy to protect from injury Published: Oct 11, 2018 at 05:57 AM NFL Network Insider running back was slated to have surgery today on a , one that ended his season after just four games and 184 rushing yards. That also complicates things Haydn Fleury Women Jersey going forward for his free agency. Ajayi's contract is up after 2018, and a long-term deal in Philly was no guarantee. For a player whose right knee had already given him i sues during his career, a ligament tear in his other knee is le s than ideal. However, according to Andrei Svechnikov Jersey his busine s manager Josh Sanchez, Ajayi bought a lo s-of-value insurance policy this past year (and the year before) to protect him against exactly what ended up happening. Ajayi was valued as a significant free agent based on the policy. If the injury takes his market down to a point where he would be a lower-level free agent, he can receive a maximum payout $5 million net -- after taxes. In other words, if Ajayi's free-agent value goes down, the policy will help make up the difference. Let's say he's valued as being able to earn a four-year, $16-million contract before the injury. But now, he ends up earning just $8 million over Gustav Forsling Men Jersey four years. The policy should end up paying him to make up the difference with $5 million tax-free. Similar policies generally can cost as much as $80,000-$100,000. It's not what any player wants. But at the least, Ajayi has prepared for the worst-case scenario. This article has been reproduced in a new format and may be mi sing content or contain faulty links. Please use the Contact Us link in our site footer to report an i sue.
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