"I would venture to say the Gator Collective is paying more guaranteed money than any group in the country," Eddie Rojas, a former Gators baseball player and head of the Gator Collective, said in April. "When I write a contract, I want to make sure that we actually have the money in our account."
It’s doesn’t appear that Rojas’ group did have that money, as they reneged on the deal with Rashada. The Athletic states that the deal had presumptive support from one of the Gator Collective’s top boosters, Hugh Hathcock, who donated almost $13 million last year.
But on Dec. 7, Rashada received a letter from Rojas wishing to terminate their deal. While it’s unclear the exact reason why that happened, the Gators’ football program was caught by surprise as they are not allowed to know specifics of NIL deals with players.
https://www.foxnews.com/sports/florida-could-lose-top-recruit-massive-ni...
Left hand not knowing what the right is doing is never a good policy in contract negotiations. Can you hear the sound of 1000’s of marching lawyer boots (do they even wear pants)? Some day a starting quarterback will be legally advised not to suit up for a game because of “breach of contract”.
We need more NIL oversight yesterday.