A $13-million NIL deal gone wrong, a top QB recruit and what happens next
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ESPN staff
Quarterback Jaden Rashada has been the talk of the recruiting world because of the scenario that has played out between him and Florida.
Rashada, the No. 27 recruit in the 2023 class, signed with Florida in December but asked for a release from his national letter of intent Tuesday. Florida granted the request Friday. It has been a wild few weeks with reports of multimillion-dollar NIL deals and promises that have ultimately fallen through.
Rashada’s situation is a product of the new college football landscape with the transfer portal and name, image and likeness opportunities for players.
What’s next for Rashada and Florida? And even more importantly, what does this high-profile case say about the state of NIL and where it’s going? Our reporters break it down.
How did we get here?
Rashada started picking up bigger offers in 2020, when he was a sophomore at IMG Academy. He received offers from Cal, Penn State, Arizona State and Auburn, among a few others.
He started his high school career at Brentwood (California) Liberty High School for his freshman season, then transferred to IMG Academy in Bradenton, Florida, and finished his high school career at Pittsburg High School in California. He racked up more offers his junior season and became one of the more sought-after quarterbacks in the 2023 class.
He took visits to schools around the country but committed to Miami in June 2022, choosing the Hurricanes over Florida, LSU, Ole Miss and Texas A&M at the time.
Florida had finished a close second the first time around, and Gators coaches continued recruiting Rashada, eventually getting him to flip in November, only a few months after he chose Miami.
A person familiar with the situation told the Associated Press that Florida’s Gator Collective had offered Rashada a $13 million NIL deal to sign with the Gators. Rashada signed with Florida during the early signing period in December and looked as though he was set to enroll in Gainesville.
However, he requested a release from his national letter of intent Tuesday after it was reported the NIL deal had fallen through, and he was granted the release Friday. Rashada is prepared to sign with and play for another team in 2023 after signing with the Gators mere weeks ago. — Tom VanHaaren
What does this deal say about NIL, collectives, the NCAA and what comes next?
Collectives are officially unaffiliated with the schools they support. Florida, by rule, has no control over which athletes the Gator Collective signs to endorsement deals or how much money the group offers in those deals. In theory, collectives are booster groups that collect funds to pay athletes who are already attending the school they support. In practice, many of the more aggressive collectives have become outsourced payroll outfits that are used to unofficially entice players to attend their school.
Rashada’s situation at Florida is the first public, high-profile case of a collective reportedly failing to keep its promise to a player. It serves as an example of why the current business model for major college sports is less than ideal for all involved. If schools want to regain some control over the process, however, they either will need help from Congress or will need to get more directly involved in the now-established marketplace for acquiring the services of college athletes.
Schools have drawn a hard line in saying athletes will not be considered employees of their institutions. But several legal battles that could force the NCAA to change its rules have already begun. If any of the several attempts to shatter the NCAA’s current amateurism rules is successful — and the odds of that happening are steadily increasing — the top tier of college sports would be headed down a path where within the next few years the relationship between athletes and their schools will be more professional in nature. — Dan Murphy
How good is Rashada as a player?
From a skill set and measurables standpoint, Rashada is very similar to LSU’s Jayden Daniels when he first signed out of high school with Arizona State. Rashada has a high ceiling for physical development as he continues to grow and add strength, which will enhance his already impressive abilities as a passer. He can change arm angles, throw off platform and is very good on the move. However, he also has the ability to push the ball downfield from the pocket. Rashada is capable physically of contributing early, but that would depend on where he signs and the help and talent around him. Playing as a true freshman, particularly at quarterback, is a challenging learning curve. If it were easy, many more guys would be successful doing it. — Tom Luginbill
What’s next for Rashada?
This is an interesting situation now for Rashada, because the early signing period is over and the initial transfer portal window is closed. Most coaches have filled the majority of their roster spots.
The quarterback position is so unusual that coaches are essentially constructing a puzzle each season to try to keep depth at an optimal position. If they have already brought in quarterbacks this offseason, they could disrupt that quarterback room by bringing in another player so late.
The good thing for Rashada is that he is a top-50 prospect, and quarterbacks are difficult to come by, so there will be options.
If Rashada is looking for a large NIL deal, it could shrink the number of schools involved. But Arizona State would make sense. Rashada’s father, Harlen, played for the Sun Devils in the 1990s.
New coach Kenny Dillingham doesn’t have a quarterback signed in the 2023 class, and it would be close to home for Rashada. Washington is another West Coast school that could get involved, as could Cal, which offered him initially in his recruitment.
Now that he is released from his letter of intent, he will be free to enroll without penalty. — VanHaaren
What does this mean for Florida and Billy Napier?
Without question, this stings for both Florida and Napier — perhaps more so because he was hired, in part, for his recruiting prowess and absolutely had to have a quarterback in his first full class. When he got Rashada to flip from Miami in November, it was considered a huge win and helped ease some concerns about how well Napier and Florida were doing on the recruiting trail. But now, those concerns have returned. While it is true Napier is not involved with the Gator Collective, it is also true that both Napier and Florida have had to deal with the negative headlines and all the fallout. This will be easy fodder for any opposing coach to use against the Gators.
Given the broader context around Florida, this is especially problematic. With SEC rival Georgia winning a second consecutive national championship and continuing to recruit at a top-three level, the pressure is only mounting on Napier and the Florida program to show they are taking the necessary steps to be competitive with the Bulldogs again. Since Kirby Smart took over in 2016, Georgia has won five of their seven rivalry games. All but one was a double-digit victory.
Meanwhile, the questions at quarterback have grown. With Anthony Richardson gone to the NFL draft, the Gators are now left with Jack Miller — who did not play well in the 30-3 loss to Oregon State in the Las Vegas Bowl — Wisconsin transfer Graham Mertz and Max Brown, who just finished his freshman season. At this point, all the elite high school talent is spoken for, so perhaps Napier will have to dip again into the transfer portal to fill out the quarterback room. But no matter what he does, questions about what could have been with Rashada will continue to linger. — Andrea Adelson
The 2025-26 MLB hot stove was lit just days after the Los Angeles Dodgers hoisted their second consecutive World Series championship trophy.
All eyes this winter are on a free agent hitting class featuring Kyle Tucker, Kyle Schwarber (who is returning to the Phillies on a five-year deal), Cody Bellinger, Alex Bregman and Pete Alonso. But they’re not the only ones who will make a splash in the market.
Which teams will go big to contend for the 2026 World Series title? And who will make the trades and signings that have everyone buzzing?
Below is a running list of notable transactions and updates from throughout the MLB offseason.
Key links: Offseason grades | Top 50 free agents | Fantasy spin | Best fits
Notable MLB offseason transactions
Dec. 9
Closer Edwin Diaz and the Dodgers are in agreement on a three-year, $69 million deal, sources tell ESPN.
Kyle Schwarber and the Philadelphia Phillies are in agreement on a five-year, $150 million contract, sources told ESPN, reuniting the National League home run leader with the team he has played for the past four seasons.
Dec. 8
Left-hander Steven Matz and the Tampa Bay Rays are in agreement on a two-year contract, pending physical, sources tell ESPN.
Free agent pitcher Michael Soroka and the Arizona Diamondbacks are in agreement on a one-year deal, pending a physical, sources tell ESPN.
Dec. 6
The Washington Nationals traded left-hander Jose Ferrer to the Seattle Mariners for top catching prospect Harry Ford and minor league pitcher Isaac Lyon, the teams announced Saturday.
Dec. 4
The Boston Red Sox acquired right-hander Johan Oviedo from the Pittsburgh Pirates in a five-player trade that sent heralded outfield prospect Jhostynxon Garcia to Pittsburgh, the teams announced Thursday.
Dec. 3
Outfielder Cedric Mullins has agreed to a one-year deal with the Tampa Bay Rays, according to multiple reports.
Free agent closer Emilio Pagan has agreed to return to the Cincinnati Reds on a $20 million, two-year contract, according to multiple reports.
World Series hero Miguel Rojas is returning to the Dodgers in 2026, for what will be his final season in the major leagues, sources told ESPN. The infielder agreed to terms on a one-year, $5.5 million deal, after which he will be assisting the front office and helping in player development.
Left-handed reliever Sam Hentges and the San Francisco Giants agreed to a $1.4 million, one-year contract.
Left-hander Anthony Kay and the Chicago White Sox are in agreement on a two-year, $12 million contract with a club option for a third season, sources told ESPN.
Dec. 2
Right-hander Cody Ponce, who won KBO MVP honors last season, and the Toronto Blue Jays are in agreement on a three-year, $30 million contract, sources told ESPN
Former KBO pitcher Ryan Weiss is in agreement with the Houston Astros on a one-year contract that guarantees him $2.6 million, sources told ESPN.
Right-hander Alek Manoah and the Los Angeles Angels are in agreement on a one-year, $1.95 million contract, a source tells ESPN.
Dec. 1
Reliever Devin Williams and the New York Mets are in agreement on a three-year contract that guarantees more than $50 million, sources tell ESPN.
Nov. 29
Closer Ryan Helsley and the Baltimore Orioles agreed on a two-year contract that includes an opt-out after the first season.
Nov. 26
Right-hander Dylan Cease and the Toronto Blue Jays agreed on a seven-year, $210 million contract.
Nov. 25
The Boston Red Sox acquired veteran right-hander Sonny Gray in a trade with the St. Louis Cardinals.
Nov. 23
The New York Mets and Texas Rangers agreed to a trade that would send second baseman Marcus Semien to the Mets and outfielder Brandon Nimmo to the Rangers.
Nov. 21
The Chicago Cubs and right-handed reliever Phil Maton agreed on a two-year deal.
The Giants acquired outfielder Joey Wiemer from the Marlins for cash and agreed to terms with right-hander JT Brubaker on a one-year contract.
The Arizona Diamondbacks agreed to a one-year, $2.75 million deal with veteran catcher James McCann.
Nov. 19
The Braves re-signed closer Raisel Iglesias to a one-year, $16 million contract.
The Atlanta Braves acquired Mauricio Dubon from the Houston Astros for Nick Allen in an exchange of infielders.
Nov. 18
The Baltimore Orioles acquired outfielder Taylor Ward from the Los Angeles Angels in exchange for right-hander Grayson Rodriguez.
New York Yankees outfielder Trent Grisham, Detroit Tigers infielder Gleyber Torres, Milwaukee Brewers pitcher Brandon Woodruff and Chicago Cubs pitcher Shota Imanaga accepted their qualifying offers, meaning they’ll return to their respective teams in 2026 at salaries of $22.025 million.
Nov. 17
Reliever Ryan Yarbrough will be back in the Bronx after agreeing to a one-year deal with the New York Yankees.
Nov. 16
First baseman Josh Naylor and the Seattle Mariners have finalized a five-year, $92.5 million contract that has a full no-trade clause and no deferrals, sources tell ESPN.
Nov. 4
Chicago Cubs SP Shota Imanaga becomes free agent after team, player reject options for 2026
Nov. 3
Milwaukee Brewers exercise option on SP Freddy Peralta; SP Brandon Woodruff declines option
Boston Red Sox 3B Alex Bregman opts out of contract; SP Lucas Giolito declines option
New York Yankees OF Cody Bellinger declines option
New York Mets 1B Pete Alonso, RP Edwin Díaz opt out of contracts
Key offseason dates
Nov. 6: Free agency begins at 5 p.m. ET
Nov. 10-13: GM meetings in Las Vegas
Nov. 18-20: Owners meetings in New York
Nov. 18: Deadline to accept or reject qualifying offer
Nov. 21: Non-tender deadline
Dec. 8-10: Winter meetings in Orlando
Dec. 9: MLB draft lottery
Dec. 10: Rule 5 draft
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