BleedGopher
Well-known member
- Joined
- Nov 11, 2008
- Messages
- 61,972
- Reaction score
- 18,168
- Points
- 113
per ESPN:
Jameis Winston purchased a $10 million disability and loss of value insurance policy, and Florida State is footing part of the bill.
A Florida State spokesman confirmed to ESPN.com on Monday that the university is paying for the reigning Heisman Trophy winner's loss of value policy with the school's Student Assistant Fund.
The spokesman did not provide a specific number as to how much the university is paying. The website Tomahawk Nation, which first reported the news, said Florida State will pay a premium in the $55,000 to $60,000 range.
Sources told ESPN.com's Darren Rovell in July that the $10 million policy is split equally between a permanent disability policy, which Winston would collect if he were injured and could never play again, and a loss of value policy, which he would collect at least a percentage of if he fell in the draft. Winston is projected to be a high first-round selection -- potentially No. 1 -- in the 2015 NFL draft if he declares following his redshirt sophomore season.
http://espn.go.com/college-football...ston-insurance-policy-paid-part-florida-state
Go Gophers!!
Jameis Winston purchased a $10 million disability and loss of value insurance policy, and Florida State is footing part of the bill.
A Florida State spokesman confirmed to ESPN.com on Monday that the university is paying for the reigning Heisman Trophy winner's loss of value policy with the school's Student Assistant Fund.
The spokesman did not provide a specific number as to how much the university is paying. The website Tomahawk Nation, which first reported the news, said Florida State will pay a premium in the $55,000 to $60,000 range.
Sources told ESPN.com's Darren Rovell in July that the $10 million policy is split equally between a permanent disability policy, which Winston would collect if he were injured and could never play again, and a loss of value policy, which he would collect at least a percentage of if he fell in the draft. Winston is projected to be a high first-round selection -- potentially No. 1 -- in the 2015 NFL draft if he declares following his redshirt sophomore season.
http://espn.go.com/college-football...ston-insurance-policy-paid-part-florida-state
Go Gophers!!
