Florida Gators QB Commit Requests Release After $13 Million NIL Deal Falls Apart
By ESPN // January 19, 2023
Rashada flipped his commitment from Miami to Florida in mid-November
GAINESVILLE, FLORIDA (ESPN) – Florida quarterback recruit Jaden Rashada requested a release from his national letter of intent Tuesday night after a $13 million name, image and likeness deal fell through, according to multiple reports.
Rashada’s future had been in doubt since he failed to enroll at Florida last week, sending signals that something was amiss. He flipped his commitment from Miami to Florida in mid-November and formally signed with the Gators on Dec. 21.
But his arrival in Gainesville was contingent on a four-year, $13 million NIL deal he signed with the Gator Collective, a person familiar with the situation told The Associated Press on condition of anonymity.
The Gator Collective is an independent fundraising arm that disburses money to student-athletes in all sports. The financial backing fell through, however — the Gator Collective terminated the binding agreement — and left Florida coach Billy Napier to scramble to try to get Rashada to campus.
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