USC WR Marqise Lee Reportedly Takes out $10 Million Insurance Policy

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USC WR Marqise Lee Reportedly Takes out $10 Million Insurance Policy

Marqise Lee will hit the jackpot if he suffers a serious injury this season. According to Darren Rovell of ESPN.com, the star USC wide receiver could collect a tax-free $10 million if he suffers an injury so serious that it ends his career.

A source told ESPN that Lee could also collect a nice amount of change if for whatever reason he was significantly passed on in the NFL draft.

Whether Lee becomes the superstar receiver most project him as or gets hurt to the point of no return, he's guaranteed a nice payday about which most can only dream.

And here you were believing that college athletes couldn't get paid.

In order to take out such a policy, Lee went outside the program provided by the NCAA that caps the maximum insurance policy at $5 million, per the report. The premiums are secured through U.S. Bank and require that the loan be paid off once said player signs a professional contract. Lee does not have to pay additional for loss-of-draft-value insurance, per the report.

Taking out insurance policies is nothing new for college football's top players. Texas A&M's Johnny Manziel, South Carolina's Jadeveon Clowney and Louisville's Teddy Bridgewater are other popular names who have recently done the same.

When you are pretty much guaranteed a professional career, it's wise to think ahead and protect yourself for the worst-case scenario.

USC has a history of taking out these policies. Former USC quarterbacks Carson Palmer and Matt Leinart each had some type of insurance, according to the report.

Lee is widely considered the best wide receiver in college football, and he is expected to be a first-round pick once he enters the NFL draft.

He recently encountered a scary situation after leaving practice with an apparent shoulder injury that required him to be escorted off the field by the USC medical staff. The injury proved to be nothing serious, as he played in USC's season opener, hauling in eight catches for 104 yards in a 30-13 victory over Hawaii.

 

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