This is still great news for us, both short and long-term. It makes Florida far less likely to threaten us for the SEC East next season, and especially in 2017 and 18. Florida won't likely allow him to transfer to an SEC school either.
A&M's conditions are that he not transfer to an SEC school.
Otherwise, they've told his parents they won't give their okay, meaning he'd have to sit an extra 2nd year on top of the one already required for transferring between FBS schools (so he'd sit 2 years).