The starting quarterback of the University of Wyoming Cowboys is reportedly seeking an insurance policy in case he sustains an injury that affects his prospects in the NFL.
Josh Allen told Laramie Boomerang that he and his family are in constant talks with Wyoming officials about the insurance, the Associated Press reported.
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Allen is considered to be among the top quarterbacks in next year’s draft. In 2015, he suffered a season-ending injury during his sophomore year when he sustained a broken right clavicle, the Casper Star Tribune reported.
“Allen has rare arm strength and overall arm talent that separates him from every other quarterback,” said NFL Media draft analyst Lance Zierlin in an article for the league’s website “Allen makes throws that only he can make, but he also takes chances that nobody should be taking.”
For Colin Caldwell, executive vice president at Midlands Management, most potential sports draftees – particularly those expected to get drafted early – will take out insurance policies. Midlands principally focuses on NFL draftees.
“We see a lot of Division 1 athletes who would be projected as first-rounders, and I’m talking football specifically,” he said last May. “We look at it as a great opportunity for them to protect themselves. We offer them 24hr off-field coverage.
“If you’re a top-five projected pick, you could buy coverage probably up to $10 million. If you’re closer to top-25, the maximum you can get is $25 million.”
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