Tag:DeSean Jackson Contract
Posted on: September 15, 2011 3:13 pm
 

DeSean Jackson took out insurance policy on self

Posted by Will Brinson

DeSean Jackson, potentially in line for a new contract, stands to gain a lot of money and leverage if he has an impressive performance this season. He also stands to lose a lot, should he suffer a serious injury.

Which is precisely why the Eagles wide receiver, who reportedly wants as much as $10 million a year in a new deal, took out an insurance policy on himself before the season began.

According to Jeff McLane of the Philadelphia Inquirer, Jackson told reporters on Thursday that he took out a one-year policy on himself that is worth "millions."

McLane notes that "speculation has it" that the Eagles will give Jackson some more money "within the next month or so," but that's exactly what everyone thought the Eagles would do with Jackson last year. And they didn't.

And so Jackson took matters into his own hands, and took out a policy to ensure that if he suffers a terrible injury, he'll receive more compensation than the $600,000 or so he's earning this year.

This isn't anything new -- a future-earnings policy is pretty standard for many football players because of the physical nature of the game and the non-guaranteed contracts that NFL players receive.

One of the most notable of such contracts was the $2.5 million policy that current Denver Broncos running back Willis McGahee took out on himself two weeks before he sustained a major injury against Ohio State in the 2003 Fiesta Bowl.

Hopefully, Jackson won't ever have to worry about collecting.

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Posted on: September 7, 2011 10:56 am
 

Owens: DeSean should 'absolutely not' play Sunday

Posted by Will Brinson

Once upon a time, Terrell Owens -- unemployed potential Hall of Famer -- was a wide receiver for the Eagles who wanted a new contract. If the latter part of that sounds familiar, it should, because it's basically DeSean Jackson these days, even down to the fact that both men are repped by Drew Rosenhaus.

The difference is that Jackson, despite a brief holdout, has been less vocal than Owens in wanting a deal (which may be why the Eagles recently said it was doable). But that's not going to stop Owens from giving him some advice and telling him not to show up for work.

"Absolutely not," Owens told 97.5 The Fanatic on Tuesday when asked if he'd take the field Week 1 if he were Jackson. "I would have to better myself and my family and my situation. That’s ridiculous."

If there's one thing we know about Owens, it's that he's unafraid to speak his mind. If there's another thing we know, it's that he's willing to make a stink about a contract.

But if there's one thing Drew Rosenhaus knows about the Eagles, it's that they don't care how smelly you get over a new deal.

And Owens knows that and pointed out that Jackson was probably told "to go in there, be a man about it and play under the existing contract that he has." Which, clearly, Jackson has been told to do. Otherwise he wouldn't be there.

"But I guarantee you — if he goes out and gets hurt, God forbid, he’s not going to get the contract that he probably would have gotten if he held out," Owens added.

This is also true. If Jackson is seriously injured and doesn't have a big season, he will not make as much money as he would have if he made the Pro Bowl as a returner and a receiver. Again.

No one disputes this, so it's surprising that Owens thinks he's breaking ground with such an opinion -- injuries are not good for contract negotiations. They never have been, and they never will be.

And while Jackson might be putting himself at risk, the real advice he should glean from Owens comes from simply seeing what happened when the last big-time receiver in Philadelphia refused to play without more money.

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