NFL receiver seeks touchdown against Lloyd's
Reprints
A Jacksonville Jaguars wide receiver may be facing his toughest defender yet: the venerable Lloyd's of London.
Second-year receiver Marqise Lee has sued Lloyd’s, alleging the insurer owes him millions for an unpaid claim.
According to ESPN.com, Mr. Lee was a junior receiver at the University of Southern California in 2013 when he paid $94,600 for a policy that guaranteed him $9.6 million if his NFL contract was to fall short of that figure because of injury.
Within weeks, Mr. Lee injured his knee and failed to achieve his prior form, ESPN.com said. He was chosen by the Jaguars 39th overall in the 2014 draft and signed a four-year, $5.17 million deal.
The Orange County Register reported that Mr. Lee filed his action after Lloyd’s denied his claim for the $4.5 million difference between the policy and his NFL contract.
SI.com reports that the lawsuit states Mr. Lee tried to collect on the policy two weeks after the draft, but Lloyd’s alleged that he hid medical information about his injury. Lloyd’s subsequently refunded Mr. Lee’s premium, plus interest, and has asked a New Jersey court to rule that the policy was never applied.
Mr. Lee’s lawsuit states he seeks “to make an example of the defendants and in order to deter similar conduct” and says Lloyd’s of London used “repeated delay tactics,” SI.com reports.
Mr. Lee gained an unmemorable 422 yards on 37 receptions with one touchdown last season, according to ESPN.com.
Read Next
-
Best Off Beat stories from February
This month: a Jay-Z song lands Live Nation in hot water, Tiger Woods gets hit with a slip-and-fall lawsuit, Lance Armstrong's lies earn him a $10 million penalty, and more. View the photo gallery.
