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Jameis Winston buys NFL draft insurance policy

Florida State Spring Game Getty Images

Jameis Winston, Florida State’s Heisman Trophy-winning quarterback, would have been a first-round pick this year if not for the NFL rule requiring players to wait at least three years after high school to enter the draft. And once he’s eligible to enter the draft, he’s expected to be a very high pick, perhaps the first overall pick — as long as he stays healthy.

If Winston doesn’t get healthy, and doesn’t go in the first round of the draft as a result, he can cash in on an insurance policy worth $8-$10 million.

That’s the word from Yahoo Sports, which reports that Winston has purchased a disability and loss of value policy that would pay him millions if he were to fall out of the first round because of injury or illness.

That gives Winston a great deal of security, although it doesn’t assure him millions: If Winston falls in the draft because of poor play, or because he gets in more off-field trouble, he would not collect on the policy. The policy only covers Winston if injury or illness causes his draft stock to drop.

Winston and his father have both said that he plans to play two more years at Florida State, but realistically, that seems unlikely. The fact that Winston has purchased the insurance shows that he’s already thinking about the risks associated with spending another year at the amateur level, and the reported $55,000 to $60,000 cost of the policy is substantial to an amateur athlete. Expect this to be Winston’s last year of having to worry about getting injured while playing for free.

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47 Responses to “Jameis Winston buys NFL draft insurance policy”
  1. brandonj21 says: Jul 1, 2014 6:13 AM

    Smart move , anything can happen these days. All it takes is one bad hit .

  2. htown995 says: Jul 1, 2014 6:18 AM

    Yea he will be a flop cant stop getting into trouble

  3. joeflaccoallday says: Jul 1, 2014 6:20 AM

    Yeah he’s coming out.

  4. schmokes says: Jul 1, 2014 6:24 AM

    Think of all the crab legs he could buy with that money.

  5. Eli Pacheco says: Jul 1, 2014 6:26 AM

    I’d be more worried about getting into trouble and voiding coverage because that kept me out of the top 10. Hopefully the weight of this policy will keep Jameis from the Tallahassee party scene and focused on football. If Tim Tebow can do it in Gainesville …

  6. phinfanatic84 says: Jul 1, 2014 6:27 AM

    If he couldn’t pay for crab legs at Publix, how is he going to pay for that insurance policy? All kidding aside, this policy assures that this is his last year playing college football unless he gets in more off field trouble and has to rebuild his draft stock.

  7. flaccoishermanmunster says: Jul 1, 2014 6:40 AM

    How can he afford insurance, he cant even afford crab legs?

  8. Jim says: Jul 1, 2014 6:45 AM

    That ought to keep him in crab legs until he’s an old man.

  9. vaughnjoe says: Jul 1, 2014 7:01 AM

    Hes got a weakness for crab legs…

  10. jayhawk6 says: Jul 1, 2014 7:04 AM

    He probably has “Johnny Football” envy, so look for him to declare.

    Too bad that he cannot get a “common sense” implant, as that would help him in countless ways.

  11. patriottony says: Jul 1, 2014 7:12 AM

    So this worthless over-hyped Athlete has a shoplifting problem,,yet can come up with 55-60K for an insurance policy? REALLY? Who is paying for that? His agent? The school? “A Friend of the PROGRAM”?

    Yet these kids are suing to get paid in college…jeez,,

  12. tahnoonzee says: Jul 1, 2014 8:20 AM

    why isn’t he in jail for his crime?

  13. watchfullhose says: Jul 1, 2014 8:21 AM

    In want to know where a college kid got $60,000 to pay for an insurance policy.

  14. ninetysixer says: Jul 1, 2014 8:30 AM

    so the kid doesn’t have enough money for crab legs, yet has access to $55-60K?

  15. outlawtrn1999 says: Jul 1, 2014 8:33 AM

    Somehow I don’t think he has to worry about paying for the insurance…

    *COUGH*boosters*COUGH*

  16. futilephish says: Jul 1, 2014 8:36 AM

    Who’s paying for that??

  17. mymanmccoy says: Jul 1, 2014 8:42 AM

    Akili smith, jabustus russell, etc. 2.0.

  18. mauldawg says: Jul 1, 2014 8:59 AM

    Will it keep him out of jail?

  19. doubleogator says: Jul 1, 2014 9:05 AM

    Future Bust….

  20. mvp43 says: Jul 1, 2014 9:20 AM

    How does a poor college athlete on scholarship afford this ?

  21. tvguy22 says: Jul 1, 2014 9:41 AM

    Do they sell “Stupid, Immature Mistake Insurance” too?

  22. iloveagoodnap says: Jul 1, 2014 10:16 AM

    Winston and his father have both said that he plans to play two more years at Florida State, but realistically, that seems unlikely. The fact that Winston has purchased the insurance shows that he’s already thinking about the risks associated with spending another year at the amateur level
    ………………………
    Actually I think it suggests the opposite. A lot of guys I think would prefer to live the college lifestyle, to hone in on their skills for another year, and to try and achieve more personal accolades. They don’t however out of fear of getting hurt and ruining a chance at their career. Winston now has ensured this wont happen. Winson also strikes me as the type who would love to increase his own personal accolades.

  23. eaglesnoles05 says: Jul 1, 2014 10:21 AM

    I can see it now… Off field problems attempting to be spun into injury to collect the money, adding insurance fraud to his docket of offenses.

    I can also see him leading us to Back to Back Naty Championships and being taken first overall, incidentally.

  24. bengalsucker says: Jul 1, 2014 10:39 AM

    If the NCAA doesn’t investigate how he’s paying this then they are as crooked as everyone says. No way this kid, or his family, has the money to pay for this insurance.

  25. packerbackernj says: Jul 1, 2014 10:50 AM

    Can’t afford crab legs but can afford insurance.

  26. jimmypx says: Jul 1, 2014 10:56 AM

    I know the NCAA and their rules enforcement is a big joke these days–buy a kid a hamburger when recruiting and they crack down. Poor kid with no money suddenly has $60,000 for an insurance policy —no problem. Kids with no money driving luxury cars in college — no problem.

  27. rolltide510 says: Jul 1, 2014 10:59 AM

    “No way this kid, or his family, has the money to pay for this insurance.”

    Nobody seems to question how gringos manage to pony up for insurance like this, huh?

  28. stoptrippn says: Jul 1, 2014 11:25 AM

    The Dad needs to have the kid take etiquette classes. Learn how to speak with the press…and act like a pro.

  29. mutantman87 says: Jul 1, 2014 11:25 AM

    While this doesn’t guarantee Winston will stay 2 more seasons, I think his purchase of an insurance policy makes it more likely. Two more seasons is double the chance of a serious injury, so this gives him security to play college ball longer without worrying about possible injury. Even though I think Winston is in the Roethlisberger/Newton mold of practically indestructible big QBs, the one thing we know about football is that anybody can blow out their knee at any time.

  30. FinFan68 says: Jul 1, 2014 11:29 AM

    How would he prove why his draft stock dropped? Suppose he gets into trouble again AND he has an injury (say a dislocated shoulder –non-throwing side). Would he need some sort of affidavit from all 32 teams saying it was the injury that caused him to not be drafted in the first round?

  31. mviglianco says: Jul 1, 2014 11:44 AM

    “why isn’t he in jail for his crime?”

    Because judges are generally smart people don’t sentence people to prison for shoplifting.

  32. bassplucker says: Jul 1, 2014 11:50 AM

    Where the heck does a 20-year old kid get $60K for an insurance policy?

    Oh wait, he plays QB for a Div 1 school in Florida. Nevermind.

  33. weepingjebus says: Jul 1, 2014 12:00 PM

    Easy money. The insurance company gets $60k for nothing, and if he ever tries to make a claim on the policy they just deny it. Then at best he’s looking at years of legal fights, while presumably not being a high draft and/or making NFL money, hence the claim in the first place.

  34. ia4chiefs says: Jul 1, 2014 12:05 PM

    I wish I had an agent oops, Uncle, who could pay for my insurance.

  35. jgedgar70 says: Jul 1, 2014 12:31 PM

    He might need an extra year in college after Nick Marshall wins the Heisman and Auburn avenges last year’s loss in the playoff championship.

    WAR EAGLE!!!!!

  36. notthetroll says: Jul 1, 2014 12:34 PM

    Maybe he just stole the policy.
    Or had one of the great FSU professors write it in crayon.

  37. banvard316 says: Jul 1, 2014 12:38 PM

    Interesting move for a guy who is gonna be a 5th round pick.

  38. footballchic777 says: Jul 1, 2014 12:53 PM

    Like to know where that money is coming from?????? I’m sure the NCAA will clear him 5 yrs down the road…

  39. WilliamBelichick says: Jul 1, 2014 12:54 PM

    I said, guys, we didn’t come here for no reason. I said, guys, this is ours, man. All the adversity we went through the first few quarters, it was ours to take. And like I’ve been saying, we control our own destiny. And those men looked me in my eye and they said, ‘We got this, Jameis.’ And I said … we said … I said, ‘Are you strong?’ They said, ‘I’m strong if you strong.’ I said, ‘We strong, then.’”

    I would get the insurance too….

  40. jjackwagon says: Jul 1, 2014 12:55 PM

    With the first pick of the 2015 draft the Oakland Raiders select…

  41. pantherfan40 says: Jul 1, 2014 1:16 PM

    Dont spend all your money on crab legs…… oh wait?

  42. jagsfanugh says: Jul 1, 2014 1:20 PM

    Accused rapist, confirmed thief, and whatever else this low life has done. I wouldn’t want that piece of trash on my team.

  43. cyraider says: Jul 1, 2014 1:47 PM

    Yup. Free tuition, free room and board, free clothes, shoes, hats, etc…free tutors, free books, free food……..I’d love to “play for free” and not have ten + years of student loan debt for all of those things.

  44. ghost26 says: Jul 1, 2014 2:44 PM

    ‘…Winston and his father have both said that he plans to play two more years at Florida State, but realistically, that seems unlikely. The fact that Winston has purchased the insurance shows that he’s already thinking about the risks associated with spending another year at the amateur level, and the reported $55,000 to $60,000 cost of the policy is substantial to an amateur athlete. Expect this to be Winston’s last year of having to worry about getting injured while playing for free.’

    Whenever I see these college kids taking out this insurance which is a great idea if you have the money BUT then I have to wonder–who is paying for this policy??? It can’t be an agent…

  45. genericcommenter says: Jul 1, 2014 2:45 PM

    Maybe they have special loan programs to purchase these policies. I don’t know how it would play with NCAA, but if I’m a lender I think I could find the right terms to offer 50-60 grand to a guy I KNOW is going to make millions in a year or 2 at most. Make it a 2 year loan or something with a balloon payment.

    FWIW, people were willing to give me 6 figures in loans and at least 7 years or more to pay back when I was in college, and it no point would anyone imagine I could collect 7 figures at once in 1-2 years.

  46. realfootballfan says: Jul 1, 2014 3:45 PM

    You dummies posting that the boosters are paying this do realize that the $50,000 price tag for the insurance is just the overall cost, meaning you don’t pay it all out in a lump sum, don’t you? In other words, you make payments on it just like a mortgage or a car loan, or anything else that you pay on and are in good standing with the policy as long as you dn’t default. Keep up, dummies. Hey, but Winston’s the “dumb” one even though Stanford University would have admitted him, not exactly a school that overlooks academics. SMH. Guess we have our new Johnny Football for people to hate on.

  47. mrba4775 says: Jul 2, 2014 3:54 PM

    I think this is to protect Winston, while he polish his quarterbacking skills @ FSU. Winston’s head coach , his father, as well as Winston, himself have stated that he will be with FSU, for another 2 years. It appears, that the almight media wants Winston to enter the 2015 NFL Draft, despite his stated statement to continue @ FSU to receive his college degree, as well as polish his skills @ the quarterback position. Futhermore, Winston has also stated that he wants to play baseball for FSU in 2015. PFT, needs to quit misleading the public, in regards, to Winston being eligible for the NFL Draft. Winston will come out in 2016, an will be a top 10 pick, if not the overall number 1 pick in the 2016 NFL Draft. Need to let it go & wait an see what Winston does, instead of trying to predict his future in football.

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