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Teddy Bridgewater purchased loss of value insurance ahead of 2014 NFL draft

Louisville quarterback Teddy Bridgewater purchased insurance that would pay him $5 million if he falls out of the top 10 and the fall can be proved to have been caused by injury or illness.

Bridgewater purchased a $5 million loss-of-value insurance policy after the 2013 season, reported. That came on top of his $10 million total disability injury policy. Disability insurance has become common among top prospects, but reported, "It is believed that no player who has bought loss-of-value insurance for the NFL draft has actually collected."

He seems increasingly likely to go outside the top 10, but Bridgewater critics point to his relatively mediocre pro-day workout as a reason.

Dolphins: Miami exercised the fifth-year option worth $7.438 million on Mike Pouncey's rookie contract. The Pro Bowl center from UF is now under the team's control through the 2015 season. Pouncey, along with fellow linemen Richie Incognito and John Jerry, were the central figures in an independent report on workplace misconduct in the organization. Incognito and Jerry are no longer with the team.

Falcons: Atlanta exercised its 2015 option on receiver Julio Jones. Jones will make $10.176 million in 2015. Jones, 25, injured his foot in Week 5 last season and missed the remainder of the 2013 campaign. He caught 41 passes for 580 yards and two scores before getting hurt. The Falcons have said Jones, the sixth overall pick in 2011 out of Alabama, would participate in offseason workouts on a limited basis.

Patriots: Rob Gronkowski, recovering from surgery to repair a torn ACL sustained Dec. 8, deflected a question Tuesday about whether he will be ready for the season opener. "Oh, man, that's too far away. I'm just improving every day right now," the tight end said Tuesday. "I'm working hard every day to put myself in the best situation so that I'm ready." He had surgery on Jan. 9, with the procedure performed by Dr. James Andrews. He waited one month for surgery so his MCL, which was torn, could heal.

Saints: Owner Tom Benson is donating $5 million to former Saint Steve Gleason, whom he called an "NFL legend" for the way he and his Team Gleason charity are working to aid ALS patients and search for a cure. Gleason, diagnosed in 2011, has become world-renowned for his diligent and innovative efforts to improve the lives of others with similar conditions. The donation will help to operate the Team Gleason House for Innovative Living, scheduled to open this summer in New Orleans. The house is only the second of its kind in the U.S. and will allow 18 patients with incurable neuromuscular disorders to live more independently.

Teddy Bridgewater purchased loss of value insurance ahead of 2014 NFL draft 04/29/14 [Last modified: Tuesday, April 29, 2014 7:36pm]
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