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Report: Jameis Winston’s insurance policy valued at $8-$10 million

Florida State quarterback Jameis Winston is quite the prized commodity heading into the 2014 college football season. The reigning Heisman Trophy winner led the Seminoles to the ACC and BCS national championship in 2013 and now his stock continues to rise as a potential first round NFL Draft pick, whenever he decides the time is right to turn pro. Knowing what is at stake with his potential professional career, Winston has taken out a significant insurance policy valued between $8 and $10 million, according to a report by Yahoo Sports.

According to the report by Yahoo Sports, the value of the insurance policy was estimated base don a projection of Winston being a top 10 NFL Draft pick in the 2015 NFL Draft. Winston’s father has stated before Winston intends to play football at Florida State for two more years, which would send the quarterback to the NFL in 2016, but it is always best to be prepared for every scenario on the table. If Winston were to enter the 2015 draft, he would cash in on the insurance policy if he fell out of the first round as a result of an injury or illness.

The report also cites information from industry sources that suggest the premium for an insurance policy of this magnitude can cost anywhere between $55,000 and $60,000. These types of policies are allowed by the NCAA

It is not at all out of the ordinary for a returning superstar at the collegiate level to take out an insurance policy of this magnitude. Last year it was reported South Carolina defensive end Jadeveon Clowney took out a $5 million insurance policy prior to the 2013 season. Clowney ended up going number one overall in the 2014 NFL Draft.

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12 Responses to “Report: Jameis Winston’s insurance policy valued at $8-$10 million”
  1. friarjack61 says: Jul 1, 2014 1:14 PM

    Who cares !

  2. ancientcougar says: Jul 1, 2014 1:44 PM

    He’s on the right track.

  3. cyraider says: Jul 1, 2014 1:50 PM

    So what happens when his draft stock falls, they lose two games in a row – not that they will, because they have a crazy easy schedule – and nobody talks about him then he “hurts his ankle” and gets drafted with the third pick in the second round….who wins?

  4. brutusbuckeye2011 says: Jul 1, 2014 2:50 PM

    It always makes me wonder where student athletes get the money to pay the premiums. They always say they are too broke to eat, go on dates, etc. I guess the money comes from the same source as the money for their new cars, cell phones, off campus housing, etc.

  5. watchfullhose says: Jul 1, 2014 3:13 PM

    @brutusbuckeye2011 – if it had been a buckeye taking out the insurance policy? Rest assured, the issue of how the policy was to be paid would be a matter of debate on outside the lines, every crappy daytime show on espn and every college football blog.

  6. brutusbuckeye2011 says: Jul 1, 2014 3:25 PM

    @watchfullhose
    I would have said the same thing.

  7. ipskipskyblue says: Jul 1, 2014 3:39 PM

    Is there a clause that says if he gets hurt stealing crab legs he is SOL?

  8. mauldawg says: Jul 1, 2014 4:48 PM

    Will JW walk into a bank and put the payment money inside hid pants and walk out. Then claim he doesn’t remember taking the money. What a piece of trash. Either he goes to jail or is bigger bust than Leaf.

  9. titansbro says: Jul 1, 2014 5:56 PM

    I’d take Mariota before him.

  10. oldnolefan says: Jul 1, 2014 5:58 PM

    This is how college football players are able to buy these policies.

    http://www.al.com/sports/index.ssf/2010/08/are_you_in_good_hands.html

  11. cardmagnet says: Jul 1, 2014 7:53 PM

    Will this insurance cover him if he missed pro football from incarceration for future incidents of “assaulting” women and stealing shellfish?

  12. brutusbuckeye2011 says: Jul 2, 2014 11:53 AM

    @ oldnolefan:
    I wasn’t aware of this program. Thanks for the information. I guess my post is now a mute point.

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