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VisitImpact on NIL deals post-Rashada lawsuit
Increase in transparency and regulation • 33%
No significant change • 33%
Decrease in the value of NIL deals • 34%
Analysis reports from major sports news agencies
Georgia QB Jaden Rashada Sues Florida Coach Over Failed $13.85M NIL Deal, Seeks $10M Damages
May 21, 2024, 02:43 PM
Georgia quarterback Jaden Rashada has filed a lawsuit against Florida head coach Billy Napier, former UF director of NIL Marcus Castro-Walker, and prominent booster Hugh Hathcock. The lawsuit alleges that Rashada was promised a $13.85 million NIL deal to sign with Florida, which never materialized. Rashada claims that Napier and others made false and fraudulent promises, including a $1 million payment on National Signing Day, which was never received. Additionally, the complaint mentions a $9.5 million NIL deal with Miami booster John Ruiz. The suit, filed in federal court in Pensacola, seeks damages exceeding $10 million. This case highlights ongoing issues within the NIL framework in college sports.
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