re: So, Jaden Rashada and the $13,000,000 explanation... Rumor update on pg.2...

So... not only would the Miami collective still have the original 6 million, but would actually make another 6 million?

Does anyone realistically think Miami is going to go after a HS kid who changed his mind and flipped? It seems pretty dumb for Miami to include any penalties like that to begin with, especially before a kid even steps foot on campus.
Talk about tanking your recruiting. I can’t imagine many of these players would see being in that position as a good thing because you never know what can happen before signing day.

quote:

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This did not happen.

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how about this story?

Blue-Orange Gators
@blueorangegator


I did some digging w/ the Rashada situation. I want to close the book on it, but find out the truth & what we aren’t being told. You can choose to believe it choose or not, idc. This is from people close to the situation & program & as close to the truth as you’ll find. A thread:


I thought it was strange the Gator Collective was dragged so much, but the lawyer(s) and players behind the scenes were never mentioned. It seemed off and seemed like the original On3 Pete Nakos story was calculated by a few people


Anyways, Rashada flips, but it is done under a contract negotiated without the Collectives knowledge. The contract was negotiated by a booster you all know & lawyer you all know, with the Rashada’s. The original contract offer was somehow doubled when it didn’t need to be


The Collective & Eddie Rojas after the fact were given a contract to sign confirming the total price. This price was to be funded not by the Collective, but by said booster. The Booster, lawyer, & a representative from the athletic department confirmed to Eddie its guarantee


Due to this being standard procedure for many collective contracts (albeit at a higher price) Eddie signs off, trusting the mentioned people to back the contract’s amount and funding by the time Rashada is an actual UF student with a signed NLI


This is where it goes south, the Rashada’s are represented by JTM Sports. JTM naturally was apart of the contract negotiations on behalf of the Rashada’s with the booster & *redacted* lawyer present; the ones which struck the ridiculously high contract amount that you all know of




About a week after the contact is signed JTM demands a 6 figure ‘bonus’ amount from Eddie to be given upfront to the Rashada’s (w/fees going to JTM). As this was not originally planned, the collective & Eddie contact their lawyer who is their legal & contractual representative


Well guess who was also serving as the JTM rep negotiating the high contract price on behalf of the Rashada’s, but also the one who represented the Gator Collective’s side of the contract (at that meeting which didn’t include Eddie or anyone else from the GC)? You guessed it:




At this point, the Collective contacts the Booster for the payment. The booster says they do not want to pay this bonus, and additionally have some sort of buyers remorse over the contract and claim they won’t fund the contact now. Which is odd bc this booster 100% has the funds


At this point, about 2 weeks before NSD, with no assurance the contract will be paid out, the Collective cancels the contract. Due to state law, this nullifies the contract. They had to, as Rashada signing his NIL meant they were on the hook for the contract terms if it was valid


As leverage, JTM & the lawyer leak partial details of the story to Pete Nakos of On3, a buddy of theres who writes stories about them bc it gives him NIL contract access. They’re using this as leverage to bully the booster and collective to come up with the original contract’s $








This leads us to January where the deal ultimately remains unsigned, and JTM/the lawyer are unwilling to negotiate a contact based off of actual arms-length, ethical negotiations. While the media runs with the story that the Collective was the driver behind the whole deal


This whole situation could’ve been avoided had the Gator Collective been apart of the contract negotiations. Rather than the lawyer representing both sides who had a motive to drive up the price and ultimately bid against himself


Does the Gator Collective have faults? Yes. Have I criticized them? Yes. But I do not put them at fault. Maybe vetting better attorneys sure. Nakos dragging them was a half-truth scheme orchestrated by JTM in order to pressure UF so a certain lawyer could collect.


The saddest part is the kid is in the middle of this all based off of a booster’s unfulfilled promise & a lawyer playing both sides. Oh & this is going on while a certain Miami NIL character is threatening to sue the Rashada’s to collect back his payments he already made to them


But a lawyer playing both sides of an NIL deal could lead to him being disbarred. If the new legal team in place wants to go that route, there is a paper trail which probably makes that happen too


Like I said, this is as close to the truth as you will get. But there was a reason Eddie Rojas and the Collective served as the fall guy while JTM and the lawyers were unmentioned in the original On3 article, which was picked up and radicalized by the media outlets

Sounds about right.

bingo shat show

ASU is damn near broke, surely no big NIL deal.

No one has universal permission to negotiate contracts without a party's consent the second rumor is just stupid.

Rashada would be taking that dude to the cleaners if this was the case