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Posted on 2/11/13 at 5:51 pm to TxTiger82
quote:
Take out an insurance plan. I heard Tebow was insured for $1 mil and that was 5 or 6 years ago. Clowney could probably take one out for $5 mil or more, given his value.
Saw this mentioned somewhere, the issue however is that as a #1 overall pick he would earn around 22 million over the life of his 1st contract plus any endorsements, side deals, ect so the insurance would be a drop in the bucket compared to all the revenue he would lose
Consider Ervin "Magic" Johnson who's 2012 net worth was estimated at 500 million. I don't know if insurance policies were available when he was in college but had he got injured, I I doubt the policy would compensate for his full earning potential, influence, and status
This post was edited on 2/11/13 at 5:55 pm
Posted on 2/11/13 at 5:56 pm to TxTiger82
quote:
Take out an insurance plan. I heard Tebow was insured for $1 mil and that was 5 or 6 years ago. Clowney could probably take one out for $5 mil or more, given his value.
McGahee took out a $2.5MM insurance policy prior to the NC game. He actually turned the money down and said frick it, I'm busting my arse and entering the draft.
This post was edited on 2/11/13 at 5:57 pm
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