The Athletic article on Jaden Rashada's recruitment

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Rashada signed the NIL contract that day. It called for a $500,000 up-front payment. After that, his payments would increase from $250,000 a month as a freshman, to $291,666.66 a month as a sophomore, to $375,000 a month as a junior, rounded out with $195,833.33 monthly payments as a senior, so long as he fulfilled the following obligations:

•Residence in Gainesville, Fla.

•At least one branded Twitter post and one branded Instagram post per month.

•Up to eight fan engagement events
per year. These could include in-
person appearances, social media.
engagements, video conferences or.
interviews. None would last longer
than two hours.

•Autograph up to 15 pieces of
merchandise per year.

The contract also states that the collective can “in its sole and absolute discretion” terminate the agreement “without penalty or further obligation.”

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Four sources with knowledge of the contract negotiations confirmed that the Gator Collective — which typically writes deals for much smaller amounts — never got a guarantee in writing from a donor (or donors) that they would cover the amount in Rashada’s contract. Days after Rashada’s Florida flip, LifeWallet received reimbursement for its $125,000, according to three people with knowledge of the negotiations.

The Gator Collective’s first payment to Rashada, for $500,000, was due Dec. 5. It would have come before Rashada enrolled at Florida. The Athletic asked Gabe Feldman, a Tulane law school professor who specializes in sports law, to review specific clauses in Rashada’s contract with Gator Collective.

“Just the contact with the athlete prior to enrollment and using it as a recruiting inducement, that seems pretty cut and dry based on the timing,” said Feldman. “Under every version of the NCAA policy, that’s problematic.”

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