Florida officially granted Jaden Rashada a release from his National Letter of Intent on Friday, three days after he requested to be let go.
FILE - Florida head coach Billy Napier, right, watches players warm up before an NCAA college football game against Eastern Washington, Sunday, Oct. 2, 2022, in Gainesville, Fla. A person familiar with the situation says Florida quarterback recruit Jaden Rashada requested a release from his national letter of intent Tuesday, Jan. 17, 2023 after a $13 million name, imagine and likeness deal fell through.
The high-profile case will, at the very least, prompt changes at Florida. It also could lead to a lawsuit and potentially an NCAA investigation.Rashada switched his verbal commitment from Miami to Florida on Nov. 10. Rashada, his representatives and the Gator Collective had presumably agreed to terms on a lucrative NIL deal at the time of his flip.
. It’s unclear why the deal crumbled, but a source with knowledge of the negotiations told the AP that not all of the financial backers were aware that the signed deal had increased from roughly $5 million over four years to more than $13 million.
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