Former Eagles’ running back and Super Bowl Champion Jay Ajayi has finally received an insurance settlement from a loss-of-value policy. Once thought to be one of the better young running backs in the NFL, Ajayi’s career went downhill after sustaining a torn ACL in 2018.
A standout at Boise State, Ajayi had garnered praise for both his running and catching abilities. In three seasons with the Broncos, Ajayi racked up over 3700 rushing yards to go along with over 700 receiving yards and a whopping 55 total touchdowns. His success led him to be drafted in the fifth round by the Miami Dolphins in the 2015 NFL Draft. Ajayi broke out in his second year in the league, rushing for over 1200 yards with eight touchdowns. These feats earned him his first Pro Bowl selection in 2016, but he was traded for a conditional fourth-round pick in 2017 to the Philadelphia Eagles. Although he garnered fewer touches and playing time, he was still able to win a Super Bowl Championship with the team in 2017.
Unfortunately, four games into Ajayi’s first full season with the Eagles, he tore his ACL keeping him out of the remainder of the 2018 season. He would also only play three games in 2019, the final games of his career. However, Ajayi had taken out an insurance policy just in case a serious injury prevented him from playing. The policy ensured he would receive upwards of about $5 million after taxes. The policy was set to kick in in 2019 following the signing of his one year, $805,000 with the Eagles, however, there were many legal roadblocks preventing that from happening.
Ajayi’s business manager Joshua Sanchez has yet to confirm how much the former Eagle’s running back has received in this particular settlement but one can argue that the young star would have been set to receive more than $5 million had it not been for the injury impacted his career.
