DJax covered by multimillion-dollar insurance policy

Tim Tebow did it, so it must be OK.

We learned Thursday that Eagles WR DeSean Jackson — in the final season of his four-year rookie contract — took out a multimillion-dollar insurance policy on himself in August. It’s primary protection against injury until he finalizes what could be a monster extension with the Eagles.

The Philadelphia Inquirer reported Thursday that Jackson’s policy covers him until March, when the league’s calendar year ends. We’ve seen top NFL draft prospects — like Tebow and Stanford’s Andrew Luck — do the same, and after Jackson was knocked into tomorrow by Falcons CB Dunta Robinson last season, you can’t blame him.

A source close to Jackson told the newspaper that the wideout is hungry for a pact in the ballpark of Santonio Holmes‘ five-year, $45 million pact with the Jets. Some expect a deal to materialize this season, but agent Drew Rosenhaus has yet to confirm a timetable.

It’s hard to fault Jackson’s irritation with the Eagles during his 11-day camp holdout this summer, especially while the team dished out cash to free agents from all corners of the league. Jackson’s outplayed his contract — and, besides, he’s the first player with a 100 speed rating in Madden — so it’s time to pony up the dough.

– Marc Sessler

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