There Are No Winners in the Jaden Rashada Florida Saga

The Florida portion of the Jaden Rashada saga has reached an end with the school officially releasing him from his letter of intent, a source with knowledge of the situationWhat remains in the wake in Gainesville is the messiest name, image and likeness fiasco in the 18-month history of this era of college sports. At some point, something like this was always bound to happen.

The blame game for this starts with the NCAA, which passed the buck on athlete compensation for over a century, allowing under the table payments to flourish. The organization outsourced player payments to third parties, a path of least resistance. Out of that, a burgeoning industry of collectives has flourished where donors fund payments to athletes.

A great unsolved mystery in all of this is how exactly the deal for Rashada, that by market estimation should have checked in at most around $5 or $6 million, ended up more than double that figure. In early December, it became clear that the collective was not going to be able to cover the amount owed. It sent what sources called a “basic” termination letter to Rashada’s camp.

Rashada’s recruitment had already been a whirlwind before any of this happened, drawing the attention of NCAA infractions officials, according to multiple sources. He originally committed to Miami in June, with the Canes beating out Texas A&M and Florida among others. That came with drama surroundingRashada eventually flipped to UF in the fall, which was the long-rumored result of the summer’s original NIL fiasco.

RJ_Writes RJ_Writes not a lot of blame in the article for the attorneys that are involved in this deal. They some how seem to never be mentioned.

RJ_Writes $13 mil is not the number lol you gotta stop running with sources that aren’t in the know

RJ_Writes Shit show all around

RJ_Writes Sorry, no. This is not a 'both sides are guilty' thing.The people that promised him that $$ then backed out are to blame, not the kid!

RJ_Writes This is ridiculous,bad mistake ever starting this.

RJ_Writes $13 million for a pro athlete who hasnt played a game or proved anything is crazy. They were about to give an unproven high school kid $13 million!! 😳

RJ_Writes just another reason for the NFL to stop using the NCAA as it's minor league and set up it's own like the NBA G-league

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida QB recruit Jaden Rashada requests release after $13 million NIL collapseOn Nov. 10, the Gator Collective signed Jaden Rashada to a $13 million NIL deal — and then sought to terminated it the following month. What's a NIL deal Gonna ruin the sport. insane Never threw for a yard in college and was offered millions. That’s what’s wrong with sports.
Source: nypost - 🏆 91. / 67 Read more »

Source: Florida Releases QB Jaden Rashada From National Letter of IntentFive-star quarterback Jaden Rashada, who had previously committed to Florida, is officially on the move zach_goodall Bye Felicia! That 13 in the 13 millions was a big jinx. He needs to settle for 130,000 with not a single snap in college. This is ridiculous If all of what’s being reported is factual this seems like a bad look for Florida, but it doesn’t take a lot to find elite recruits in state so we’ll see how it shakes out for them He coming 🦬👀
Source: SInow - 🏆 273. / 63 Read more »

Quarterback Jaden Rashada released from Florida Gators letter of intentFlorida is moving on from the Jaden Rashada drama, as the university released the five-star quarterback from his national letter of intent on Friday.
Source: usatodaysports - 🏆 454. / 53 Read more »

Florida releases QB Rashada from scholarship to end breakupFlorida officially granted Jaden Rashada a release from his National Letter of Intent on Friday, three days after he requested to be let go.
Source: wjxt4 - 🏆 246. / 63 Read more »

5-star quarterback Jaden Rashada to visit Arizona State football this weekend, report saysSpeculation about 5-star quarterback Jaden Rashada possibly going to Arizona State is coming closer to reality. He needs to go to Michigan Go Blue!
Source: azcentral - 🏆 585. / 51 Read more »

Gators Breakdown: Analyzing Florida Gators QB Graham Mertz | Rashada saga endingAfter Anthony Richardson declared for the NFL Draft, it was no surprise the Gators needed to hit the transfer portal for a quarterback. It probably did come as a surprise that the QB was Wisconsin transfer Graham Mertz.
Source: wjxt4 - 🏆 246. / 63 Read more »