Jaylon Smith could collect up to $5 million from insurance policy

— -- Former Notre Dame linebacker Jaylon Smith took out an insurance policy in the fall that would pay him $5 million if he got hurt and could never play again or up to $5 million if he got hurt and slipped in the 2016 NFL draft.

A source with knowledge of the policy said Smith will receive $700,000 if he falls out of the first round and gets picked as the top pick in the second round. If he doesn't, he'll collect an additional $100,000 for each spot he falls.