Jadeveon Clowney Has Taken Out $5 Million Dollar Insurance Policy
Talk about protecting your assets.
Before the season even began, top NFL prospect Jadeveon Clowney reportedly took out a $5 million career-ending insurance policy, according to league sources. The policy cost Clowney around $50,000.00, and was paid through an NCAA-sponsored program in which the bank pays the insurance company, and Clowney pays the bank back once he has been paid by an NFL team.
One would think that a prospect on the level of Clowney wouldn’t have to worry about financial security, but an injury plagued season has scouts, and apparently him, worried that injuries may derail his career before it even gets started.
Clowney entered his junior season regarded as the top prospect in the 2014 NFL draft, but injuries and a reported lack of effort have yielded disappointing results. Clowney has only racked up a pedestrian 18 tackles to go along with just two sacks in a season that was supposed to cement his status as the first overall pick in the draft next season.
For Clowney to collect on this $5 million dollar policy, he would have to suffer an injury that ends his career for good. Despite the concerns surrounding Clowney, it’s good to see a player taking the initiative to maintain financial stability if their football career ends prematurely. Still, if Clowney could take the initiative to maintain effort throughout games, that’d be great.