Jay Ajayi’s torn ACL will probably stop him from getting the big free-agent contract he was hoping for, but at least he won’t be completely empty-handed.
According to a report Thursday from NFL Network, Ajayi’s business manager Josh Sanchez said Ajayi bought a “loss-of-value insurance policy” to protect himself.
The maximum payout for that policy can be up to $5 million after taxes.
That’s not exactly what he would have gotten from a big contract on the open market, but at least it’s something. The report explains the policy is meant to pay the difference between his value before and after injury.
Ajayi, 25, tore his ACL in the loss to the Vikings. He actually came back in that game and played some with the injury. That’s shocking, but less so for Ajayi, who was already playing this season after a fracture in his back. No one can question his toughness.
It seems likely he has already played his last down with the Eagles. He’ll hit free agency after the season.