The $13.85 Million NIL Mirage — What the Jaden Rashada Lawsuit Really Means
Five-star quarterback Jaden Rashada’s $13.85 million NIL deal with the Florida Gators collapsed before any payments were made, exposing the risky and uncertain nature of college athlete contracts. Rashada is now suing Florida’s head coach, a top booster, and the Gator Collective for allegedly making promises they couldn’t keep, with the case moving forward in federal court. The lawsuit highlights major legal questions about NIL deals and could force schools and collectives to adopt stricter safeguards, such as proof of funds and legal oversight. The message for athletes and agents is clear: verify deals before signing, as the age of easy promises in college sports is ending.