Ajayi can reportedly make up to $5 million from an insurance policy he took out prior to the start of the season.
Ajayi, who is set to become a free agent after 2018, took out the insurance policy before the start of the season, as he also did last year. The policy can pay him up to $5 million, tax free, if he loses money in free agency as a result of the injury. Ajayi knew he was "valued as a significant free agent," per Rapoport, and sought protection from a drop in his market value.
The policy reportedly costs somewhere between $80,000 to $100,000.
Ajayi had long battled injuries to his right knee during his time with the Miami Dolphins. The Eagles acquired Ajayi for a fourth-round pick just before the trade deadline last year. Ajayi played just four games and rushed for 184 yards this season.
The 25-year-old running back was scheduled to have surgery on the torn left ACL on Thursday after being placed on IR on Monday.
He has a career 562 carries for 2,516 yards and 13 touchdowns.
The Philadelphia Eagles (2–3) play the Giants (1–4) on Thursday at 8:20 p.m. ET.