Florida Gators Release Top QB Prospect From National Letter of Intent Amid $13 Million NIL Deal Collapse

By  //  January 20, 2023

Rashada was the highest-rated signee in the Gators' 2023 class

Jaden Rashada, a top quarterback prospect in the 2023 class, has been released from his national letter of intent by Florida and is now free to sign with another team, a source told ESPN.

GAINESVILLE, FLORIDA (ESPN) – Jaden Rashada, a top quarterback prospect in the 2023 class, has been released from his national letter of intent by Florida and is now free to sign with another team, a source told ESPN.

Rashada, who was the highest-rated signee in the Gators’ 2023 class in December, asked for his release after a reported $13 million name, image and likeness package fell through.

State law prohibits universities in Florida from providing or arranging NIL compensation. Deals are therefore made through third parties known as collectives.

The Associated Press reported that the Gator Collective terminated its agreement with Rashada, which was to be paid out over four years.

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