145 overall pick by the denver broncos saturday afternoon. But thanks to a move he made before his senior season,. Projected early second-round nfl draft pick. Draft stock collapsed to late fifth round. · michigan te jake butt will receive $543,000 from a loss -of-value policy after he was passed over in the fourth round and selected to start round 5 by the broncos. His loss of value insurance paid out $543,000. · unfortunately, butt saw his draft stock plummet because of the injury, with the talented tight end falling all the way to the fifth round as he was selected with the no. · espn’s darren rovell reported that butt has up to a $2 million “ loss -of-value” policy to compensate him for falling down draft boards. Marqise lee was projected as a top-10 nfl draft pick. During michigans season-opening 17–24 loss against utah, butt made a career-high eight receptions for 92-yards and caught an 8-yard touchdown pass from jake rudock. The policy took effect in the middle of the third. Tore his acl in his final college game. · jake butt was projected to go in the early second round of the nfl draft. · jake butt won the mackey award as college football’s best tight end. · the 2017 nfl draft featured a pair of players in leonard fournette and christian mccaffrey who made smart decisions to skip their bowl games and just prepare for the draft. The injury and subsequent fall cost butt millions of dollars. That was before he hurt his knee and his stock fell – a lot.
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