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They are claiming the contract was actually for $13.85M but they ended up not having the money is the gist of the article.
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Official QB Jaden Rashada: COMMITS… & then Flips to the gator… & then the gator welches on the payments so he doesn’t enroll and rescinds NLI
- Thread starter awill510
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NickDeLaTorre is the ON3 guy covering the Gators and has covered them for over 10 years.
He put together a synopsis of what "actually" happened ... and he contacted the parties involved (Gator Collective, Gator Guard ... aka Hugh Hathcock), JTM sports and apparently attorneys representing everybody. Summarizing:
-6-26-22 Rashada commits to Miami.
-11-09-22 Hugh Hathcock (Gator Guard sponsor) tweets "good news coming tomorrow"
-11-10-22 Rashada flips to the Gators and SIGNS a NIL agreement for $13.85 million over 4 years.
The deal was "negotiated" by Jackson Zager of JTM sports, with funds reportedly committed by Hugh Hathcock and
his booster buddies. The DEAL was presented to The Gator Collective as a completed NIL proposal for the Gator Collective
to then present for execution to the Rashadas. The Collective did this and on 11-10-22 they had an executed agreement.
On 12-01-22 the Gator Collective had reason to believe they had a problem with the funding that had been promised as part of the deal and
they sent a Termination Letter to the Rashadas cancelling the NIL agreement. Rashada was receiving comments that a new deal would be worked out
from people on both sides and he signed the Letter of Intent. Then as "new deal discussions" broke down he requested, and finally was granted, a full release from his LOI. The result was Rahada looking for a new home, the Gator Collective (and UF) becoming known as "the program that writes checks it cannot cash", the Collective being dismantled and the head (Eddie Rojas) removed from any NIL deals. Apparently a successor entity to The Gator Collective will be formed, new people involved, and the Gators will begin trying to repair the damage done to their reputation.
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Obviously, can't cut-and-paste the whole article, so I'll post some nuggets. Here's one from "timeline". The relevance is that HathNoCock was acting as the hype man for a deal, which he somehow then refused to honor within the next 30 days. So the storyline about HathNoCock being ambushed is...bush...
Not sure why I can't post a screenshot, I'm going to try again.
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One thing that the article seems to do is SOLIDIFY that the number exceeded $13 million, by citing multiple sources.
Which is crazy.
Florida was, literally, negotiating against themselves. I've said this before, the Miami NIL offer was mid-seven-figures, though I've never claimed that LifeWallet would be the sole payor. The ORIGINAL Gaytor offer was higher than ours. And then the ACCEPTED Gaytor offer dwarfed both of those numbers.
With no other competitor on the horizon.
It's nuts. But the Gaytors did it, then tweeted about it, and walked away with nothing. Other than the egg on their faces.
Which is crazy.
Florida was, literally, negotiating against themselves. I've said this before, the Miami NIL offer was mid-seven-figures, though I've never claimed that LifeWallet would be the sole payor. The ORIGINAL Gaytor offer was higher than ours. And then the ACCEPTED Gaytor offer dwarfed both of those numbers.
With no other competitor on the horizon.
It's nuts. But the Gaytors did it, then tweeted about it, and walked away with nothing. Other than the egg on their faces.
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Dat is a troo statment. I does feel rich. Da money I saves on meat alone wil blow yo mine. Inniehow, bout deez QBs. We got one in Nahunta name a Bobby Lee Pusser. He’s only in 8th grade but boy gone be gud.
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His granddaddy Buford had quite a story.
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But but but, your sources say there are no NIL deals over $2 million.
Oh, who to believe, who to believe?
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Yeah dat boy at BC. Ain’t dat da skool dat nocked DJ Dallas da **** out win dey played?
So, Rashada and the Gator Collective executed and agreement that would pay $13.85 million over 4 years. That's crazy money. No way Rashada receives anything close to that wherever he lands at this point. If there's a signed contract, then should be interesting to follow as Rashada & Co. may have a case against the Gator Collective. Can't wait to catch Hugh ("Mr. Big Bucks'') Hathcock's next tweet.
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TheEye
Mario and Dan are upgrades. Period.
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But wait…The Gator Collective vehemently denied the $11M Rashada said they offered him in the summer! So now they have been caught red handed!
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This is really a case of one rich guy ... Hathcock ... with a big ego being ****ed that Miami (and Ruiz) had beaten them repeatedly for recruits in 2022. He basically said ***** it, we're joining the big guys, and he had some uneducated, inexperienced dude (Jackson Zager?) negotiate the deal which he, initially, agreed to fund, probably with some $$ input from his booster cronies. Once he calmed down, and discussed the number with his buddies $13.85 million, Manning money, they bailed. Tails between their legs. Why they bumped the "deal" from the $6 million dollar range to almost $14 million is the unanswered question. Will be interesting to see what new entity they create to replace The Gator Collective as that has reportedly been shut down as a result of this fiasco.
Talk about a group of professionals ... the Rashada NIL was "negotiated" by Jackson Zager, who is listed as the CEO of JTM sports, a sports agency firm. He is currently a second year student at SMU? So some kid negotiated a deal, Hugh Hathcock agreed ... with this kids negotiated proposal and his numbers ... and pledged the funds. Then came to his senses and bailed. Where was the AD and Napier insofar as affirming that this "effort" was in the best interests of the UF football program. Amazing.
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Its ridiculous but in regards to the last line, that would be a big no no on UF's side.
Come on ... you really believe that ANY NIL deal is given to a recruit without the advance knowledge of the head coach and AD? NIL resources are a limited commodity and every program has multiple needs. There needs to be (and there is) a coordinated effort on these programs. You really believe that Napier had no idea that Rashada was flipping from Miami ... and that it was 100% due to a NIL deal that had been structured at the behest of Hathcock?
Gocanes1990
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Lord if you only Knew!
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You are probably right but they are not supposed to. I do wonder how much they know, especially early on as this is still very nascent. Most coaches didnt know the exact details of bags, only that they would be there if needed. I believe it was one of the posters who is a handler on here, that stated that the one school that knew everything inside out was Taint, everywhere else it was dont ask dont tell type stuff.
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I know nothing of this situation but if they were really going to give this kid that much money I have to think when “someone” caught wind of it there was a collective panic like “WHAT THE **** ARE YOU GUYS THINKING?! ABORT ABORT ABORT”
U Wouldn’t Understand
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Because, as I have pointed out earlier, you can't actually own a Chick Fil-A. They are all corporate-owned. They have "operators" who run each franchise...
