Russell Wilson Takes Out Insurance Policy After Contract Talks Dwindle
Russell Wilson, Seattle Seahawks’ Super Bowl winning quarterback, has decided to take out an insurance policy, worth millions, to protect himself from a career-ending injury, according to ESPN’s Adam Schefter.
Russell Wilson Takes Out Insurance Policy
Russell Wilson is extremely comfortable with playing out the season, especially when he knows the potential payday following 2015.
“Yeah, I’m prepared for that 100 percent if that’s the case,” he said about the issue. “I want to be here for a long time. I just have to get ready to play. I love the game and I love being out here with these guys. Ultimately, I just take it one day at a time and see where it takes me.”
With Ryan Tannehill making $96 million with $45 million guaranteed, Wilson, who was from the same draft class, has already proven more than the Miami quarterback. With a Super Bowl ring, 9,950 passing yards, 72 touchdowns and only 26 interceptions over three seasons, he will be getting a figure increasingly north of Tannehill’s contract. Now, this season could play into how far north, but, good or bad, the market value is set and he is getting paid.
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The insurance policy, allegedly worth millions, is just there to give him peace of mind: countless star athletes, facing a similar circumstance, have done this in case of a career-ending injury. With this said, a big contract to Wilson could hurt the Seahawks, as they would have to lose key defensive pieces — who are likely going to make more money someplace else — for cap space. So this is probably why they have not finalized a deal.
At the same time, they can also put off the inevitable payday by implementing the franchise tag after the 2015 season, which would pay Wilson anywhere between $21and $24 million, according to ESPN.
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