Friday, January 19, 2024

The NCAA is investigating the Florida Gators over a failed NIL deal with a top quarterback prospect


A contract obtained by the Athletic showed that the Gator Collective had promised Rashada up to $13.8 million, with $500,000 up front and six-figure payments every month as long as he remained with the school. The deal, which would have paid Rashada more than most NFL rookies make, required the player to fulfill only some minor obligations, such as autograph signings and social media posts.

Unfortunately, the collective missed that first payment after Rashada signed his letter of intent and pulled out of the deal in January 2023. Rashada was supposed to enroll early but instead opted to re-open his recruitment.

Rashada went on to start the first two games of the season as a true freshman for Arizona State but then missed much of the season due to an injury.