It is a fact. And it was a big contract. He was injured in the first few months and wrote the entire thing off. Insurance payment or not, he waived a very large amount f money and the club publicly thanked him for it. I remember it well as it stood out at the time as an act of real class from a footballer. Sadly the way football is make people so cyncical and less likely to believe such acts.
Hold on, I havent a scooby whether he did or not and I am not passing comment on his character, dont know the bloke.
If however he got an insurance pay out comparable to his contract then it does slightly change the dynamics of his actions.