Bridgewater could collect $5 million for draft day slide

Teddy Bridgewater has gone from the consensus top overall pick in next month’s draft to a potential second day selection.

Yet, thanks to some creative foresight, the former Louisville quarterback might reap the benefits of a draft day slide.

According to ESPN.com’s Darren Rovell, Bridgewater has a $5 million loss-of-value insurance policy, money he will collect if he doesn’t get picked in the first round due to injury or illness.

The loss-of-value insurance is tied to Bridgewater’s already purchased $10 million total disability injury policy. In other words, the only way he can inherit the money in full is if he proves his draft plummet was a direct result of getting hurt or being ill.

Per Rovell, Bridgewater will begin to cash in if he falls out of the top 11, and stands to earn “hundreds of thousands of dollars” with each drop after that.

Bridgewater, widely considered a top three quarterback prospect, has yet to publicly reveal an injury or illness. He did, however, turn in a roundly disappointing pro day last month, which just may torpedo his draft stock.

For what it’s worth, NFL Network draft guru Mike Mayock said last week that Bridgewater is not worthy of a first-round selection.

“I went back and watched a bunch more tape and compared him to the rest of the guys in the draft,” Mayock said. “And like it or not, I’ve come to a conclusion — if I was a GM in the NFL, I would not take him in the first round of the draft.”

ESPN’s Mel Kiper shares the same sentiment, projecting Bridgewater as a second-rounder in one of his recent mock drafts.

“Let me be clear: This is the top-rated quarterback on my Big Board, a player I have rated higher than Bortles, Manziel or Carr,” Kiper wrote, via Profootballtalk.com. “But my reading of the tea leaves in speaking with many evaluators around the league is that Bridgewater could drop if he slides past a couple of points early on. If I could project trades, I’d have someone taking him later in Round 1 having moved up. Obviously, he’s a steal at this point.”

If his top priority is maximizing earning potential, Bridgewater may be hoping they’re right.

(Photo credit: Joe Robbins/Getty Images)

Zack Kelberman
An award-winning sportswriter, reporter and blogger, Zack currently serves as the Miami Dolphins live correspondent and Team Stream curator for Bleacher Report. He's also a freelance NFL writer and the founder/editor-in-chief of Helmet2Helmet. His work has appeared on media outlets such as ESPN, Sports Illustrated, FOX Sports, MSN.com, FanSided.com, and About.com. Zack can be reached on Twitter (@ZackKelberman) or via email (zpkelb@gmail.com).