Teddy Bridgwater took out a $5 million insurance policy to protect himself against a loss of value as a result of dropping in the NFL draft, ESPN has discovered.
The report states that the former Louisville quarterback took out the policy following his junior season in college and that the policy will pay out if Bridgewater falls out of the first round altogether.
ESPN reports: "He added $5 million on top of his already purchased $10 million total disability injury policy and supplemented it with $5 million in loss-of-value insurance."
The policy is connected to a disability insurance and so can only be paid out if Bridgewater can claim that the draft drop was linked to an injury or illness.
Bridgewater has certainly dropped off in a number of mock drafts but it would seem that is more to do with his below-average pro day than any injury.
The Houston Chronicle reported that over 10 of Bridgewater's 65 attempts against air were off target whilst a number of other teams have said they were less than impressed with his workouts.
Bridgewater may certainly tumble out of the first round by next week's draft but it seems unlikely that he will be able to claim against this policy in that event.