Sources revealed Wednesday that Clemsons Deshaun Watson?has taken out?two insurance policies against a career-ending injury: a $5 million total disability policy and a $5 million loss of value policy.The reality is, players rarely end up receiving a payout, even after theyve sustained an injury. And when they do get paid, its still unclear whether the IRS has dibs on a cut of the money.Heres a primer on how these policies work:What is a total disability policy?It protects a player should he become unable to play football again because of an injury. This covers an injury on or off the field, usually from the time a player signs the policy until the following football season. The only reason something wouldnt be covered is if theres a pre-existing injury; the insurer might specify in the policy that the player would not be covered if the same injury occurs again.A player can attempt to come back from an injury and still collect, but in general, policies wont pay out if hes able to play in more than four games following the injury.A player cant just decide that he cant play. A doctor, sometimes one from the players side and one from the insurers side, must agree that is the case.What is a loss of value policy?It is an attachment to the disability policy. It projects where a player is supposed to go in the draft and then provides for a payment up to a specific amount, should the player fall in the draft order because of an injury.A player can get paid a small amount if he doesnt slip far, or the whole amount, as Ifo Ekpre-Olomu received when he was projected to be a first-round pick and an injury caused him to slip to the seventh round. Someone who didnt collect in this years draft was Myles Jack, who fell to the 36th overall pick, but only would have started to collect money at Pick 45.The loss of value must be associated with an injury. Theres no coverage for falling in the draft due to other issues. ?What do these policies cost?A rule of thumb is about $10,000 for every $1 million in coverage. Previously, the NCAA helped secure a loan for the premium, which would be paid by the players family, but a couple of years ago, that changed when it was discovered that schools were allowed to take out the policies themselves.Sources said that Clemson took out a policy for Watson through International Specialty Insurance, which has established itself as the leader in the space, especially when it comes to offering loss of value.How often do players collect?Not too often on total disability. It has happened only a handful of times in the past 15 years. Loss of value collection has occurred more often. Players who have collected over the years include Ekpre-Olomu and Jaylon Smith, who will collect a lump sum of $900,000 after slipping in this years draft.In March 2015, USC wide receiver Marqise Lee sued his insurer, Lloyds of London, when he slipped in the 2014 draft, claiming he was owed $4.5 million. But Lloyds argued that at the time he signed his policy, Lee had an injury that he didnt disclose. The two sides agreed to settle the case for an undisclosed amount this May.And in case youre wondering, when there is a payout, all of the money goes to the player. None of it goes to the school.When a player collects, is it tax free?When a player pays for a premium up front or takes out a loan to pay it, it is tax free. When the school pays for the premium, its not yet clear. The IRS hasnt formally ruled on whether taxes have to be taken out of the lump sum collected because the player didnt pay for the premium to begin with.Why do schools pay?This is now a good way for a school to keep a player who might be scared to return. In other words, the school is saying, if you hurt yourself, weve got your back. Nike Air Max 2017 . -- In one brief spurt, Brazil turned a close game into a rout and proved again it will be a strong World Cup favourite. Cheap Air Max . It just didnt show when he hit the ice. Berra made 42 saves and Kris Russell scored at 1:32 of overtime, lifting the Calgary Flames to a 3-2 victory over the Chicago Blackhawks on Sunday night. http://www.cheapairmaxshoesofficial.com/ . PAUL, Minn. Nike Air Max 2017 Running Shoes . -- Ohio States Urban Meyer has never had any issue acclimating to the biggest stages in college football. Cheap Air Max Sale . -- Matt Ryan needed one of the best games of his career to lead the Falcons and their depleted offence out of their three-game losing streak last week.Hibernian midfielder John McGinn admits he has voted for Rangers Lee Wallace to win PFA Scottish Championship Player of the Year but is delighted to be nominated himself. McGinn has been named in a four-strong shortlist - featuring team-mate Jason Cummings and Rangers duo Wallace and Martyn Waghorn - which was released on Thursday.The 21-year-old McGinn has scored four goals in 44 appearances as Hibs pushed Rangers for the Championship title and insists they are still focussing on promotion via the play-offs despite contesting the Scottish Cup final against Rangers in May. To get recognition from your fellow players is the best accolade you can get. Im absolutely delighted, McGinn told Sky Sports Scotland.Its good to see my team-mate Jason Cummings on the shortlist as well. Theres also two great candidates from Rangers, so its a real honour. I voted for Lee Wallace [Rangers] because I think hes been excellent this season.My second vote was for Steven Mallen of St Mirren. I know how difficult it is to score goals from midfield and hes scored 14 this season.dddddddddddd Championship Player of the Year nominees (left to right) Lee Wallace, John McGinn, Martyn Waghorn and Jason Cummings I want to finish this term strongly then build on that next season. I can always get better as a player. Getting my first international call up to Gordon Strachans side was a real honour but I can always improve and Ill keep working hard.We are focussing on promotion but we also want to win the Scottish Cup. We know its a tough ask but we have the players in the dressing room capable of doing that. 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