Cleveland Browns cornerback Ifo Ekpre-Olomu collected a $3 million insurance policy on Monday for slipping in the NFL draft, a source confirmed to ESPN.com.
It's the most a college player has ever collected on a loss of value policy, which insures the player if he slips in the draft.
Olomu and the University of Oregon bought the loss of value policy for the first team All-America cornerback before his senior year. Olomu tore his ACL in practice two weeks before the college football semifinal playoff game at the Rose Bowl against Florida State.