Jaden Rashada, a top quarterback prospect in the 2023 class, has been released from his national letter of intent by Florida and can now sign with another team, a source told ESPN.
Rashada, who was the top-scoring signee in the Gators class of 2023 in December, asked for his release after a reported $13 million name, picture and likeness package fell through.
State law prohibits Florida universities from providing or arranging compensation from NIL. Business is therefore transacted via third parties, so-called collectives.
The Associated Press reported that the Gator Collective canceled its agreement with Rashada, which was to be paid out over four years.
Rashada never enrolled in classes and asked for his release earlier this week.
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Rashada, ranked No. 27 on the ESPN 300, becomes the highest-ranking non-binding prospect in the 2023 class.
National Signing Day is February 1st.
Rashada, who is from California, was originally engaged in Miami before flipping his Florida engagement.
He received offers from several Power 5 programs. In addition to Miami and Florida, he also attended LSU, Texas A&M and Ole Miss, according to 247 Sports.
The Gators are thin at the quarterback position, and Rashada is now off the board.
Last year’s starter, Anthony Richardson, declared for the NFL draft. His deputy, Jalen Kitna, was fired after his arrest on child pornography charges.
Florida signed Wisconsin transfer and former top recruit Graham Mertz in December. He is expected to compete with former Ohio State transfer Jack Miller III for the starting job.
On3 was the first to report that Rashada was released.