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Rams Post a $2-Million Bond for Henley : Jurisprudence: Cornerback is free to travel to Atlanta for Sunday’s game after team insures his return.

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TIMES STAFF WRITERS

With the aid of a $1-million insurance policy from Lloyd’s of London, the Rams posted $2-million bond Thursday for embattled cornerback Darryl Henley, clearing him to play against the Falcons in Atlanta this weekend.

The decision by Ram President John Shaw to back Henley resolved for now an on-again, off-again relationship that began when Henley was named in a federal indictment last year as an alleged kingpin in a cocaine conspiracy ring.

The team signed Henley this year, cut him because of travel restrictions associated with his bail, and then re-signed him Wednesday after a federal judge dropped one of the key restrictions--ordering Henley to be tailed on the road by a court official.

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But although the Rams promised $2 million, they freed themselves of having to pay the entire amount if Henley flees.

In addition to the $1-million insurance policy--which is costing the Rams a premium payment of between $20,000 and $50,000--the team has posted $200,000 in cash on Henley’s behalf, which amounts to an advance on this season’s salary.

The Rams signed Henley on Wednesday to an NFL minimum $162,000 but are expected to pay him closer to the $350,000, one-year contract the team agreed to earlier.

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The $800,000 balance of the $2-million bond the Rams have posted is also being guaranteed by Henley, although team officials said the details still are being worked out with Henley’s agent.

“I believe Darryl knows what is expected of him,” Shaw said.

The U.S. Attorney’s office, which is prosecuting Henley, agreed to the team’s pledge.

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