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http://www.nfl.com/news/story/0ap300...ct-from-injury
Good for Jay
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 issues during his career, a ligament tear in his other knee is less than ideal.
However, according to his business manager Josh Sanchez, Ajayi bought a loss-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.
However, according to his business manager Josh Sanchez, Ajayi bought a loss-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.
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