What would you do if you were Myles Jack and you have a multi-million dollar insurance policy that kicks in after the #45 pick (Bears) and the #41 pick team drafts you?
Hold out for more money?
I doubt the policy works that way. If he is drafted before 45, then he can't collect on the policy. Whether he holds out or not.
He could tell the team calling that he doesn't want to get drafted by them and hope that they do not draft him anyway. But if word of that got back to the insurer, I'll bet they would make a strong argument against paying out on his policy, since he had the opportunity to be drafted, but voluntarily declined.
And I don't know that the policy starts out as multi-million dollar payout. I think he gets paid like $60k for each pick that passes beyond #45 and eventually caps out at $5mil. Not sure what it starts out at though.
