Florida recruit wants out of his LOI based on failed NIL deal?

Waaaaaaaany

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Did anyone check the portal? Just because someone tweete that they've entered the portal, doesn't mean that they're in.. School the player currently attends has to physically enter your name (you know, limited. secured access and all that stuff).
Claims he went to a different college (other than Savannah State) and just used their picture because it was the only one he had...you'd think Savannah would have had to let him out of his LOI in order for Livingstone college to let him in the portal

Livingstone College
 
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GrimReaper

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Claims he went to a different college (other than Savannah State) and just used their picture because it was the only one he had...you'd think Savannah would have had to let him out of his LOI in order for Livingstone college to let him in the portal

Livingstone College
Interesting question. You'd think that the NCAA has lists of all scholarship players at every school. You would also think that controls over the portal wouldn't allow School A to put someone in the portal who is not on School A's scholarship roster. Otherwise, anarchy would reign. Damn, I really wish that I had access to the portal so that I could try.👹
 
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BobPSU92

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PSUJam

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Can't enter the portal without satisfying the requirements of the LOI which are: enrolling in the school for which you signed the LOI; and 2) staying there for a year. Florida holds the keys, including those to the physical portal.

The prospect can, of course, appeal. Hope he can find a better lawyer than the one who advised him on his NIL deal.
I didn't realize he never enrolled.
 
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blion72

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LOIs are contracts.
I believe you are right on that. Even though they are called LOI's, they are not worded like that, and represent a real contract.

i also am not aware of any NCAA regulation change that would permit the school to be involved with or party to the NIL agreement between player and NIL organization. The player might argue that the school is a 3rd party beneficiary to the NIL contract, although it does not look like there is a signed NIL contract.
 

Nits1989

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I‘m probably naive, but this looks really scummy for Florida, like they’re pulling crap. Florida appears to be a desperate team. I’m not surprised that they might be luring players with NIL, in a way that violates the rules. They desperately want to be relevant again. On the up side, won’t the PSU QB decommit Marcus Stokes get back in play with Florida? He didn’t have a team on signing day.
 

Midnighter

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I‘m probably naive, but this looks really scummy for Florida, like they’re pulling crap. Florida appears to be a desperate team. I’m not surprised that they might be luring players with NIL, in a way that violates the rules. They desperately want to be relevant again. On the up side, won’t the PSU QB decommit Marcus Stokes get back in play with Florida? He didn’t have a team on signing day.

This kid pledged to Miami after they promised $9mm in NIL then flipped when Florida offered more. Sorry not sorry.
 

Schoolie

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it appears we have a player who signed LOI with Gators and wants out due to NIL deal that is less than he expected. I assume the NIL was a verbal offer, so may be not what he thought. How is that going to work, since the official rules do not allow for NIL to be associated with LOI commitment? So how is he going to argue officially he wants out due to NIL failure? I am not sure what entity he goes to in order to get LOI cancelled, and how the NIL failure can be used. Is it NCAA, UF itself or another organization let him out? Who enforces the LOI? He could use his one time free transfer and enter the portal, and I think someone did that last year. He then loses the free transfer the next time he wants it though.
No comment, just this graphic depiction of NIL oversight . . .
Cuckoo I Feel Crazy GIF by arbeiterkammer
 

LafayetteBear

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I really like Josh Pate's take on this. Take the contentious parts out of this story (amount of $, NIL, college.... etc) and at the end of the day, there was an agreement and one side (the NIL collective) didn't follow through on the agreement. I don't blame the kid.


Pretty much THIS ^^^^. Jaden Rashada is a 5-star quarterback recruit from Pittsburg, CA (which is an East Bay exurb). His NIL deal, which was lucrative given his considerable abilities and reputation, fell apart, so he wants to go elsewhere where he gets SOME NIL money. Arizona State, Cal, Washington, TAMU, and two other schools were in the running when Rashada signed with Fl;orida. So it may be one of those five schools. My money is on Washington, which apparently has not picked up a QB recruit in a couple of years, and has a preseason ranking just below PSU's.

Florida could make Rashada sit out a year if it doesn't release him, but that would be remarkably dumb on Florida's part. What message would that send to other prospective recruits about Florida?!
 

blion72

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Where these things are falling apart are kids are promised some amount during the recruitment process. Then once committed they sign a contract with the collective. When pen comes to paper, the amounts are less than promised. Sounds like the donor may have backed out in this case. So the amount is now lower. So the kid wants out of his LOI and collective out of contract. Maybe we are witnessing the first lawsuit regarding NIL. It’s coming at some point.
the lawsuit would be player v the NIL organization where he has the agreement. he would seek remedy as performance under the agreement from the NIL organization. if he has a real contract, then he could win. Not sure what the NIL organization would use as defense, other than something that suggests there was no contract.

the player also seeks to void his contract with UF under the LOI. it appears he wants to argue that the NIL agreement impacts the validity of the LOI. to do that, he would have to argue that either UF is an open 3rd party beneficiary to the NIL deal, or even more drastic was directly part of the negotiation of the NIL agreement.

Lawsuits like this would put a lot in the public eye, and it would determine if the NCAA would actually take action. It might also bring into the open issues of whether the NIL organizations are actually handling $$$ with players in a way that brings the FBI, IRS, etc into the discussion.

If this goes to court, it could actually help lead to improvements. UF would likely not want this to ever get into a court, but it would be great theater. As many have said, they are likely to want to let him out of the LOI. I am not sure if UF on its own can cancel the LOI, or does this also involve the NCAA?
 

WVilleLion

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Let us see which program jumps to grab him and his outrageous wants. My bet is SEC or Big XII team.
 

Midnighter

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I thought he was committed to Miami and a $8 mil NIL deal. Then UF came in at $13 mil and he flipped

That is true. It's also true the Florida NIL group sent a 'cancellation' letter for his NIL deal (no idea how these deals are structured; maybe any party can terminate before finalized?).
 

Nitt1300

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going forward, how does one attempt to evaluate coaches? ratio of wins to team payroll?
 

contentphillydad

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But that’s not on the school though, right? Your contract with the school is separate from your agreement with the NIL isn’t it? I wouldn’t let him out of his letter of intent.
Very tricky fir Florida if he can provide tangible evidence or substantial verbal corroborating evidence from his representatives that Florida did in fact correlate their NIL to his signing his letter of intent - which is technically forbidden by the NCAA

The NCAA could impose some rather severe penalties on Florida which would provide incentive for them to just “make this go away” by releasing him before this all blows up

Assuming he intends to file a law suit, Florida would be in a precarious position of possibly having to testify under oath it did tie its NIL offer to the future QB signing an LOI - and possibly perjure themselves if they claim they did not when it can be proven they did - the least of Florida’s problems would be whether they are in breach of contract with the young QB - they could be in true danger with the NCAA

Cannot see how Florida wins here
 

GrimReaper

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Very tricky fir Florida if he can provide tangible evidence or substantial verbal corroborating evidence from his representatives that Florida did in fact correlate their NIL to his signing his letter of intent - which is technically forbidden by the NCAA

The NCAA could impose some rather severe penalties on Florida which would provide incentive for them to just “make this go away” by releasing him before this all blows up

Assuming he intends to file a law suit, Florida would be in a precarious position of possibly having to testify under oath it did tie its NIL offer to the future QB signing an LOI - and possibly perjure themselves if they claim they did not when it can be proven they did - the least of Florida’s problems would be whether they are in breach of contract with the young QB - they could be in true danger with the NCAA

Cannot see how Florida wins here
Florida has released Rashada from his LOI.
 
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step.eng69

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Interesting question. You'd think that the NCAA has lists of all scholarship players at every school. You would also think that controls over the portal wouldn't allow School A to put someone in the portal who is not on School A's scholarship roster. Otherwise, anarchy would reign. Damn, I really wish that I had access to the portal so that I could try.👹
Art, I have to say, "you definitely have the drip"
😎
I my days it was referred to as gonorrhoea....
 
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Connorpozlee

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Very tricky fir Florida if he can provide tangible evidence or substantial verbal corroborating evidence from his representatives that Florida did in fact correlate their NIL to his signing his letter of intent - which is technically forbidden by the NCAA

The NCAA could impose some rather severe penalties on Florida which would provide incentive for them to just “make this go away” by releasing him before this all blows up

Assuming he intends to file a law suit, Florida would be in a precarious position of possibly having to testify under oath it did tie its NIL offer to the future QB signing an LOI - and possibly perjure themselves if they claim they did not when it can be proven they did - the least of Florida’s problems would be whether they are in breach of contract with the young QB - they could be in true danger with the NCAA

Cannot see how Florida wins here
Shouldn’t they be investigated whether they released him from his LOI or not? If they made that agreement with him they’ve violated NCAA rules, right?
 

blion72

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Shouldn’t they be investigated whether they released him from his LOI or not? If they made that agreement with him they’ve violated NCAA rules, right?
hard to believe that the NCAA has not considered such a move. if they did this it would be to try to make a point and put a stake in the ground. UF would have a hard time defending themselves in this one.
 

step.eng69

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Art, I have to say, "you definitely have the drip"
😎
I my days it was referred to as gonorrhoea....
@GrimReaper
"If you have the drip, it means you have swagger, especially in how you look. You're hot. You're cool. You're on point. You've got the sauce"

the slang was introduced to me by a friends 9yr old boy
 

Midnighter

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hard to believe that the NCAA has not considered such a move. if they did this it would be to try to make a point and put a stake in the ground. UF would have a hard time defending themselves in this one.

A Florida NIL collective made the deal; the staff at UF say they had no knowledge. Would have to prove they knew of or were part of the deal I think to get them on the hook.
 

Corner Room Breakfast

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I wonder how many A&M boosters are having seconds thoughts after the product that they put on the field this year.

I could see the dysfunction of the portal and NIL, too much of anything, players, money, and so on can create an unhealthy balance.
 
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Psumatt85

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I wonder how many A&M boosters are having seconds thoughts after the product that they put on the field this year.

I could see the dysfunction of the portal and NIL, too much of anything, players, money, and so on can create an unhealthy balance.
Another step to college football just bring a minor league
 

blion72

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A Florida NIL collective made the deal; the staff at UF say they had no knowledge. Would have to prove they knew of or were part of the deal I think to get them on the hook.
I think that is the point. the NCAA would have to prove there was a connection between UF and the collective re the NIL deal. The NCAA wouldn't do this unless they thought they had a very good shot of proving this, and they thought there was a point they wanted to prove. If they did, it might eventually force the player to sit out 2023 season. UF would fight this hard, so NCAA would have to see some reason to pursue this.
 

VaDave4PSU

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A Florida NIL collective made the deal; the staff at UF say they had no knowledge. Would have to prove they knew of or were part of the deal I think to get them on the hook.

The world knew about the $4 mm flip. I don't see how UF couldn't know something. It's all about want-to. It's a defining what is legal and what isn't.

If the "kid" was a victim of "fraud", he might still have a case, no? He intended to enroll early and now he can't...can he?

Lots of questions.
 
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contentphillydad

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The world knew about the $4 mm flip. I don't see how UF couldn't know something. It's all about want-to. It's a defining what is legal and what isn't.

If the "kid" was a victim of "fraud", he might still have a case, no? He intended to enroll early and now he can't...can he?

Lots of questions.
If this young man is the future NFL QB he is projected to be, he is not going to become entangled in a lawsuit that would include extremely time consuming depositions and “legal coaching sessions”
 

Bison13

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The NCAA is too busy seeing if some hamburgers were given to a recruit on some school visits to look into this matter
Ha. This reminded me of the time that a big time recruit at our school had four or five of the top coaches in the country come to watch him play. As assistant A.D. I would walk around at halftime and bring some food and drinks to all the officials, my ticket, people, security, etc. I remember bringing a cheeseburger and a bottle of water to a current Division I head coach making over $5 million a year And asking if he wanted it. He laughed and said thank you but I’ll walk over to the concession stand and get something If I need it, I don’t need the NCAA getting on me for you giving me a free bottle of water.
 
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