Wyoming quarterback Josh Allen is heralded as a potential No. 1 overall pick in the upcoming 2018 NFL Draft, and the university appears to share a common interest with the redshirt junior in protecting that future.
Both Wyoming and Allen are reportedly working together to obtain an insurance policy for the star quarterback should he suffer an injury prior to draft night, according to Scott Nulph of WyomingSports.net.
Allen confirmed the discussions by saying that an insurance policy is the likely course of action.
Peter Prigge, Wyoming assistant athletic director for compliance, added that both he and Allen even attended an NCAA seminar about situations wherein players destined for the NFL can protect their futures.
“They walked us through a slew of different issues involving high-profile student-athletes and the NFL draft,” Prigge said. “Everything from the process, team interviews, the combine, agents, insurance, financial advisers and investments.”
A player in a similar situation who wound up cashing in on his policy was former Michigan tight end Jake Butt. Butt took out a $2 million Loss of Value Insurance policy and, after falling to the Denver Broncos in the fifth round due to a torn ACL suffered in the Orange Bowl, received a total of $543,000 for his draft crash.
Allen threw for 3,203 yards and 28 touchdowns on 56 percent passing last season for the Cowboys.
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