All these statements are after the fact and most are unsubstantiated,
but interesting.
As was widely publicized at the time, Rashada had received a $9.5 million deal from Miami for his services, which he later spurned for the larger sum offered by Florida.
The deal was reportedly with Hurricanes booster and LifeWallet CEO John Ruiz, although he (Ruiz) has
since stated that there was
never such an agreement between the parties and LifeWallet only had a small deal with Rashada while he was a high school student in California
(NIL payments to high school players are legal in the state).
The lawsuit states the Gators offered $13.85 million over four years, with eight-figure donor Hugh Hathcock putting up $5.35 million.
In fact, Hathcock wired $150,000 to Rashada so he could pay back the money he received from Ruiz to avoid potential litigation.
That transfer would be the only money Rashada garnered from Florida.
According to
The Athletic, the contract with the Gators had a $500,000 signing bonus, $250,000 a month as a freshman, $291,666.66 a month as a sophomore, $375,000 a month as a junior, and $195,833.33 monthly payments as a senior for several social media obligations, fan events, and autographs.
https://collegefootballnetwork.com/jaden-rashada-sue-florida-nil-deal/
