Duke freshman forward Zion Williamson has a loss of value insurance policy should he be selected outside of the lottery in the NBA draft, according to The Action Network's Darren Rovell.
According to the report, Willamson's policy, issued by International Specialty Insurance (ISI), is worth $8 million on the chance that he is picked 16th or later in the NBA draft.
Loss of value insurance, defined by the NCAA, is insurance that "protects a student-athlete’s future contract value from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy’s designated coverage period.