Duke’s Zion Williamson Has $8M Loss Of Value Insurance Policy: Report


Duke Blue Devils' star freshman ahead Zion Williamson reportedly has an $eight million lack of worth insurance coverage coverage, which can kick in if he is chosen 16th or later within the 2019 NBA Draft. Of course, Williamson is projected because the #1 general decide, however this coverage protects him ought to he endure a catastrophic damage this season.

News of Williamson's insurance coverage coverage, courtesy of The Athletic's Darren Rovell, surfaced after the 18-year previous phenom actually ripped by means of his Nike PG 2.5 sneaker within the opening minute of Wednesday night time's nationally televised Duke vs UNC sport.

According to Rovell, Williamson's coverage was paid for by Duke and is value $eight million on the outdoors probability that he's picked 16th or later within the NBA draft.

The lack of worth insurance coverage "protects a student-athlete’s future contract worth from reducing under a predetermined quantity as a consequence of a big damage or sickness suffered throughout the coverage’s designated protection interval."

Nike launched the next assertion on Wednesday night time with reference to Williamson's exploding PG 2.5:

“We are clearly involved and wish to want Zion a speedy restoration. The high quality and efficiency of our merchandise are of utmost significance. While that is an remoted incidence, we're working to establish the problem.”

The Blue Devils have been unable to recuperate after their star participant exited the sport, because the Tar Heels dominated en path to an 88-72 victory. 

In 26 video games this season, Williamson is averaging 21.6 factors to associate with eight.eight rebounds per night time. 

Duke's Zion Williamson Has $8M Loss Of Value Insurance Policy: Report

(Photo by Streeter Lecka/Getty Images)