ESPN’s Adam Schefter reports that Seahawks QB Russell Wilson has taken out an insurance policy worth millions of dollars in the event he sustains a career-ending injury this season.
Multiple reports have said that Wilson is willing to play out the final year of his rookie contract in the event that there’s no agreement in place before the start of the season.
With this in mind, it makes a lot of sense for Wilson to protect himself financially as he prefers to bet on himself in 2015.
Worst-case scenario for Wilson, he receives the Seahawks’ franchise tag in 2016.
Other quarterbacks like Cam Newton and Ryan Tannehill have secured long-term contracts from their respective teams in recent months, but it sounds like Wilson and his agent, Mark Rodgers, are looking for more money than either player received.
Rodgers indicated that they aren’t willing to accept a hometown-discount to get a deal done in the near future.
“Sometimes, the best deal is the deal you don’t do,” Rodgers said previously, via Peter King of MMQB.com. “For me, there would be a greater disappointment in taking a below-market deal than there would be in honoring the fourth year of a contract.”
Wilson, 26, still has one year remaining on his four-year, $2.198 million rookie contract, which includes a base salary of $798,651 for the 2015 season.
In 2014, Wilson threw for 3,475 yards while completing 63.1 percent of his passes for 20 touchdowns and seven interceptions. He also ran for 849 yards and scored six rushing touchdowns over the course of 16 games.
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