DeSean Jackson said that he took a multi-million dollar insurance policy out on himself in early August during his training camp holdout. The details were finalized last week just before the season opener at St. Louis, according to the Eagles wide receiver.
Asked Thursday how much the policy was worth Jackson said he didn't know the exact figure, only that the value was in the "millions."
Jackson is slated to earn approximately $600,000 this season in the final year of the four-year contract he signed as a rookie in 2008. Jackson is widely considered to have outperformed that deal. He and the Eagles have yet to agree on an extension, however, which is why the 24-year-old felt the need to protect his interests in case of injury.
Many athletes take permanent-disability insurance policies out on themselves. A good number of high-profile college football players, for instance, take out policies before their senior seasons to protect potential future earnings.
Jackson said the length of his policy was for one year. His contract expires in early March when the NFL calendar year flips. Speculation has it that Jackson and the Eagles will re-work his contract sometime within the next month or so, but the team has the option to place a one-year franchise tag on the receiver following this season.
For many reasons, however, both sides would likely prefer a multi-year deal. There has been no movement in negotiations, according to league sources. Jackson is seeking a contract similar to the five-year, $45 million deal Santonio Holmes received from the N.Y. Jets in July, a source close to the receiver said.
Drew Rosenhaus represents Jackson. A message left with the agent was not immediately returned on Thursday.
Jackson, unhappy with his deal, sat out the first 11 days of camp. He ended his holdout on Aug. 8, a day before he was to lose a vested year toward free agency. Since reporting to Lehigh University, Jackson has yet to miss a practice. There was some belief that he wouldn't give a full effort when the season began, but Sunday's six-catch, 102-yard, one-touchdown performance against the Rams dispelled that notion.
"Every game I want to go out there and help this team be successful and just win as many games as possible," Jackson said after practice at the NovaCare Complex. "And by doing that just being in the right spots at the right time, taking are of my job and handling what I can handle. Everything else will take care of itself."
An injury, of course, is always just a play away in the NFL. Jackson has suffered two concussions over the last two seasons, causing him to miss two games. Last season against Atlanta, the 5-foot-10, 175-pound receiver endured a brutal hit from Falcons cornerback Dunta Robinson that knocked him unconscious.
The Eagles travel to Atlanta to face Robinson and the Falcons for a primetime matchup this Sunday.
"I've moved on," Jackson said. "That's part of the game. ... I don't really think about it and just play and protect myself out there."