Florida State Agrees To Pay Jameis Winston $60K

Black America Web

In a move that is unprecedented in college sports, Florida State University will pay one of its top athletes the big bucks.

CBS Sports reports:

Earlier this summer Florida State QB Jameis Winston bought a $10 million insurance package, split evenly between permanent disability and loss of value policies.

Typically that would yield a steep bill, but Winston and his family will get help paying the sizable premiums from Florida State. Specifically, the Student Assistant Fund will pay for Winston’s loss of value policy, which could be as much as $60,000.

Winston would collect on the total permanent disability policy if something catastrophic were to happen and he got injured during the upcoming season and could never play again. The loss of value policy pertains to Winston’s projected draft slot — he’s eligible to enter the NFL Draft after this season. If he were to drop from his projected high…

View original post 149 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: