Jaden Rashada (Florida Signee) requesting NLI release

#126
#126
SpookyAction said:
Wow!
This story is really breaking new ground. Makes me think the $13mil amount was legit. I figured it was BS.

If UF gets out of the deal, Recruits will be left feeling any agreement with Gator Collective (their big NIL) is shaky at best.
If UF has to stick to the deal, they get a 4*(?!?) for $13mil. :oops:

Waiting for the next huge shoe to drop.
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So I may not quite understand NIL but when you say "if UF gets out of the deal" it sounds like the university is on the hook. My understanding is that NIL money is outside of the University so UF technically has no exposure on the massive NIL deal? Other than losing its top recruit of course when the deal falls apart. Am I not understanding this correctly?
 
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#127
#127
Dragon18 said:
So I may not quite understand NIL but when you say "if UF gets out of the deal" it sounds like the university is on the hook. My understanding is that NIL money is outside of the University so UF technically has no exposure on the massive NIL deal? Other than losing its top recruit of course when the deal falls apart. Am I not understanding this correctly?
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You are correct and thanks for catching that.
I stated Gator Collective the first time and then mistakenly typed UF in the second mention.
Gator Collective is making this stinky spectacle happen.
I have edited the post.
Thumbs_up%21.gif
 
#128
#128
Dragon18 said:
So I may not quite understand NIL but when you say "if UF gets out of the deal" it sounds like the university is on the hook. My understanding is that NIL money is outside of the University so UF technically has no exposure on the massive NIL deal? Other than losing its top recruit of course when the deal falls apart. Am I not understanding this correctly?
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You got it. But understand that THEIR name is linked to the failure…flip side to the accolades received when it looked like a done deal.
 
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#131
#131
Florida recruits suddenly have every reason to be wary of Florida's version of Spyre, the "Gator Collective." They reneged on one deal, they could again. "Not trustworthy" is just about the worst reputation a business can have.

Florida will likely lose potential recruits over this. Young athletes and their families who simply will not include Florida among their options. And should it happen a second time....

Rashada, the kid, he's fine. He'll get another offer and end up at another P5 school. He's still a talented young man. He just trusted the wrong folks.
 
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#133
#133
865er said:
How has he ruined his future? This is a bad look for Florida not him.
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I understand the point about the collective group not coming through on the contract but also shows he is not looking at the school but from the stand point of how much are you going to pay me to play for you. That’s why I say it looks bad on the kid also.
 
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#134
#134
york.adamray said:
I understand the point about the collective group not coming through on the contract but also shows he is not looking at the school but from the stand point of how much are you going to pay me to play for you. That’s why I say it looks bad on the kid also.
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Some highly-rated college recruits make their school choices based on financial considerations. Others focus on coaching staff expertise. Some look for the "NFL path." Yet others prioritize the school's reputation (whether academic, athletic, or other). Some care most about the community and how it "feels" when they're there.

Most recruits are at least a bit of all of that.

So Rashada is more toward the finances. So what? He's far from the only one. And it doesn't mean he's a bad person. It doesn't mean he isn't a good young man that any program would be happy to have in the locker room.

I don't see how this hurts Rashada's reputation in any way. This is on the Florida program, particularly their NIL collective.
 
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#135
#135
I agree it does make the Gator collective look "shady". It is interesting he didn't look real good against other top high school talent and all of a sudden the "deal" was pulled. There has to be some sort of performance based clause for these deals (I feel the same about coaches contracts). I don't find fault in Rashada wanting out. I compare it to coming to an agreement on a new job and the day before you start the boss says "by the way we are only going to pay you half of what was agreed upon'. I just hope it doesn't make DJ Lagway have second thoughts.
 
#139
#139
Lesson for UF: Don't make promises to pay someone when you don't already have that money in your hand.

Supposedly the Gator Collective agreed to a deal in principle with Rashada that they could only make good on with a hefty part of it coming from a prominent UF booster. That part never came through and they backed out of the deal. And I can't say I blame the booster; this kid might be a great player, but $13m for an 18-year-old who has never played a down in college is steep. I think you're going to see these gargantuan deals for guys right out of high school dry up and it start to shift towards more established guys. NIL is still brand new and everyone...players, boosters, university admins, etc. are figuring out how to price it.
 
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#140
#140
lawgator1 said:
Looks bad for UF 95: percent

Looks bad for him: 5 percent


Looks bad for all of college football in its traditional sense: 1 million percent
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Looks bad for ostrich fans who have suddenly had their heads yanked out of the sand and are SHOCKED, SHOCKED I TELL YOU TO DISCOVER THERE IS GAMBLING TAKING PLACE IN THIS ESTABLISHMENT: 38million percent.

casablanca-shocked.gif
 
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#141
#141
GOLFNGATOR said:
I agree it does make the Gator collective look "shady". It is interesting he didn't look real good against other top high school talent and all of a sudden the "deal" was pulled. There has to be some sort of performance based clause for these deals (I feel the same about coaches contracts). I don't find fault in Rashada wanting out. I compare it to coming to an agreement on a new job and the day before you start the boss says "by the way we are only going to pay you half of what was agreed upon'. I just hope it doesn't make DJ Lagway have second thoughts.
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Pulled? I guess that's one way to describe not being able to pay money promised.
 
#142
#142
GOLFNGATOR said:
I agree it does make the Gator collective look "shady". It is interesting he didn't look real good against other top high school talent and all of a sudden the "deal" was pulled. There has to be some sort of performance based clause for these deals (I feel the same about coaches contracts). I don't find fault in Rashada wanting out. I compare it to coming to an agreement on a new job and the day before you start the boss says "by the way we are only going to pay you half of what was agreed upon'. I just hope it doesn't make DJ Lagway have second thoughts.
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That is specifically prohibited by the NCAA. Can not be done.
 
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#143
#143
lawgator1 said:
Looks bad for UF 95: percent

Looks bad for him: 5 percent


Looks bad for all of college football in its traditional sense: 1 million percent
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Some schools are looking fine and paying what they promised. Some can't and now claim the whole system is broken. Saban complained until Bama picked it up and now he's silent. Tell SBB to get his boosters to pony up
 
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#145
#145
utvolpj said:
Some schools are looking fine and paying what they promised. Some can't and now claim the whole system is broken. Saban complained until Bama picked it up and now he's silent. Tell SBB to get his boosters to pony up
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You may be right and it will hurt UF for a time, until it "makes good" on such deals. But regardless of the exact sequence of why this one fell apart, having untested kids expecting such money -- and apparently getting it -- is not a good harbinger for the future of college football.

And others may be right this kind of thing went on under the table before, but you must admit not to the tune of $13 million. So, whatever semblance of amateurism there once was and tied to the potential for a professional future, even if illusory, is now gone. An 18 year old promised that kind of money is already a professional.
 
#146
#146
lawgator1 said:
You may be right and it will hurt UF for a time, until it "makes good" on such deals. But regardless of the exact sequence of why this one fell apart, having untested kids expecting such money -- and apparently getting it -- is not a good harbinger for the future of college football.

And others may be right this kind of thing went on under the table before, but you must admit not to the tune of $13 million. So, whatever semblance of amateurism there once was and tied to the potential for a professional future, even if illusory, is now gone. An 18 year old promised that kind of money is already a professional.
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The problem is your team's collective made the deal. They weren't forced into it. The kid was committed to Miami where he would have made a good chunk of change, but the GC decided to offer more to get him to flip. Then they reneged. Future recruits should take note. If I was DJ Lagway, that 5*QB you guys have committed for next year, I'd take note. Might want to pick a school that can honor their NIL deals.
 
#147
#147
lawgator1 said:
You may be right and it will hurt UF for a time, until it "makes good" on such deals. But regardless of the exact sequence of why this one fell apart, having untested kids expecting such money -- and apparently getting it -- is not a good harbinger for the future of college football.

And others may be right this kind of thing went on under the table before, but you must admit not to the tune of $13 million. So, whatever semblance of amateurism there once was and tied to the potential for a professional future, even if illusory, is now gone. An 18 year old promised that kind of money is already a professional.
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To me the dollar amount doesnt really matter. It was going on before, its just out in the open. I wasnt naive enough where this is a revelation. The door just got opened from a few guys who were willing to bend the rules, to now the entire public getting a chance to weigh in with their cash openly. So of course with the opportunities of funding increased you were going to see higher payouts.

I think paying this kid 13 mil, or even Nico the alledged 8 mil is a bit ridiculous. But I believe it's a factor of the explosion due from the lid that was on all these payments previously. I believe it will self correct. And I think it will take cases like this, Ewers bouncing around, and some others for the public to readjust. But being reactionary is a bad move imo. With the supreme court ruling you arent going to be able to put a cap on the amount. It will be the free market.
 
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#148
#148
lawgator1 said:
You may be right and it will hurt UF for a time, until it "makes good" on such deals. But regardless of the exact sequence of why this one fell apart, having untested kids expecting such money -- and apparently getting it -- is not a good harbinger for the future of college football.

And others may be right this kind of thing went on under the table before, but you must admit not to the tune of $13 million. So, whatever semblance of amateurism there once was and tied to the potential for a professional future, even if illusory, is now gone. An 18 year old promised that kind of money is already a professional.
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It is probably safe to say that $13m (or $3.25m/year over 4 years) is on the very high end of what anybody made under the table. However, it was a totally opaque market, so who truly knows.

In the 30 for 30 doc about SMU, it was said that they were showing recruits on visits hundreds of thousands of dollars in a briefcase just to sign with SMU, and this was in the early 80s. That wouldn't even include what they made once they actually signed, or the dollar value of the non-cash gifts they received. They had a payroll, and you know schools with more resources were doing it as well. Reggie Bush and Chris Webber got nearly $300k in cash and gifts when they played, and those incidents were 20 and 30 years ago respectively. What is the likelihood that is the only money/goods they received? It would not shock me in the slightest if those guys received hundreds of thousands of dollars per year of cash + stuff when they were there.

High revenue college athletics (basically football and men's basketball) has been a de facto professional sport for decades now. NIL just acknowledges reality. Any endeavor that brings in hundreds of millions, or in some cases billions (like the NCAA Tournament) every year just isn't going to be "amateur" any longer. The way to bring a semblance of amateurism back into it would be to play in 10k seat stadiums, get all the games off of TV, not sell any team merchandise, etc. and get all the money out of it. But nobody wants that.
 
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#149
#149
LouderVol said:
To me the dollar amount doesnt really matter. It was going on before, its just out in the open. I wasnt naive enough where this is a revelation. The door just got opened from a few guys who were willing to bend the rules, to now the entire public getting a chance to weigh in with their cash openly. So of course with the opportunities of funding increased you were going to see higher payouts.

I think paying this kid 13 mil, or even Nico the alledged 8 mil is a bit ridiculous. But I believe it's a factor of the explosion due from the lid that was on all these payments previously. I believe it will self correct. And I think it will take cases like this, Ewers bouncing around, and some others for the public to readjust. But being reactionary is a bad move imo. With the supreme court ruling you arent going to be able to put a cap on the amount. It will be the free market.
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Is paying Nico 8m ridiculous?

To me it’s not for a franchise college QB.

If Nico puts UT in the CFP semifinal on anyone of the 2 years he is QB then 8m will change the program. If they win the NC, 8m was cheap.

How many QBs are elite program changing. Not many, UGA won because of the defense not because of Stetson. Stetson managed games but teams weren’t fearful of him.

And I say 2 because after he wins the Hypesman and NC as a junior, he declares and hands the reins to his sophomore brother.
 
#150
#150
Dadof2Vols said:
Is paying Nico 8m ridiculous?

To me it’s not for a franchise college QB.

If Nico puts UT in the CFP semifinal on anyone of the 2 years he is QB then 8m will change the program. If they win the NC, 8m was cheap.

How many QBs are elite program changing. Not many, UGA won because of the defense not because of Stetson. Stetson managed games but teams weren’t fearful of him.

And I say 2 because after he wins the Hypesman and NC as a junior, he declares and hands the reins to his sophomore brother.
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8 mil is a big number on an "IF". See Jimbo Fisher, or any number of sure fire coaches. We have had plenty of highly rated guys not pan out as players.

8 mil AFTER he wins is fine, but before is crazy.

A nice signing bonus, a retention payment, escalation plan, you start at X, get plus 25% for starting, plus X for winning, plus X for a championship, plus X for graduating, plus X for playing in bowl games. They dont exist now but I think you will see them as the business world wraps its head around these guys. Its pay for play, but after the fact with a structured contract that doesnt involve the school.

That way you can wave 8 million in front of some 18 year old, but only have to deliver after you get results.
 
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