Hoo, boy. These Gator Collective folks sound like real pros.
Er, no they don’t. Kinda sound like this:
Hey, I’m fine with that. Keep up the good work, fellas.
Hoo, boy. These Gator Collective folks sound like real pros.
Great writeup here
To me it sounds like:
▫️Booster & Rashada et al negotiate deal
▫️Deal is miscommunicated for $13M
▫️Contract is written for $13M
▫️Gator Collective signs miscommunicated contract
▫️Mistake realized post-signing
▫️Contract is nuked & Rashada moves on https://t.co/cHE8qeTour— Joshua "Bud" Davis, PhD (@JBudDavis) January 24, 2023
Er, no they don’t. Kinda sound like this:
Hey, I’m fine with that. Keep up the good work, fellas.
Filed under Gators, Gators..., It's Just Bidness, Recruiting
“We remember the Sugar Bowl, I think it my junior year of high school, we let Alabama beat us twice,” Brinson said of a team that also lost to the Crimson Tide in the SEC Championship game. “We’re not letting Alabama beat us twice. In the Sugar Bowl in 2018, they… thought they should have been in the playoffs and lost to Texas.” -- AB-H, 12/27/23
Contract is drafted, reviewed, and then signed, and after all that it was determined that there was “miscommunication “
Right…keep doing you, ditch lizards
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How $13M miscommunicated? Did they misplace the decimal? Was it supposed to be $130,000
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So last year we were hearing 1 million for Bryce Young and it was blowing people’s minds. This kid thought he was worth 13 million?
I’m not saying he won’t be great, but wow.
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I don’t think I’m worth it, but if you sign a contract that says you’re going to pay it to me then you’re damn skippy I’m not going to let you out of that deal.
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Because I’m a nice guy I’d probably let them off the hook for half, as long as they didn’t try to restrict where I decided to play.
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Think about what you said. The NIL contract is for Rashada to sell his name, image and likeness rights to the Gator Collective, which could then male some money back in making endorsement deals, autograph deals and appearance deals. Rashada cannot make his own deals because The Gator Collective owns his rights.
Rashada will see the principals in The Gator Collective form a new LLC to handle the rest of their business.
Rashada is better off rescinding the entire deal. retaining his marketable asset (his NIL rights) and move on from the Gator Collective.
Example number whatever million of “If it is too good to be true it isn’t.)
You “hold The Gator Collective to the deal.” Then you would have a situation where Rashada has an IOU from an entity that cannot pay, and he could not sell his NIL to another school’s Collective because, by the contract he is holding everyone to, he doesn’t retain his NIL rights to sell.
He can transfer and play for a scholarship, cost of attendance money and Alston money. and hope one day Tje Gator Collective can pay.
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My point was that I would not play a single snap for the Florida Gators, be it in a practice or in a game, for one thin dime less than the $13.1 million I’m owed. You either pay me every dollar I was promised, or I’m going elsewhere.
Now, I don’t know that we’ve actually seen many of these NIL contracts, so I don’t know for sure if what you say is true and that you give all of your NIL rights to the Gator Collective when you sign. In that case, I definitely would know exactly what their financials are at this point and how much they could pay me to make me whole, but if it’s less than the money I was promised, I’m not playing there.
It does seem to me that this kid’s got a good case to sue their Gator pants off. He turned down a lucrative deal to play at Miami in order to play at Florida for a supposedly more lucrative deal – seems to me that he’s been damaged monetarily by the Lizards.
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No way would I put that kind of money on an unproven product. The me first society reigns I’m afraid.
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What does this have to do with a me first society?
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Really candid comments from Brock Vandagriff on Aaron Murray’s podcast this week about NIL – about how these kids coming into a team atmosphere with buttloads of NIL money is “not going to work out for them how they think it is”. He doesn’t really elaborate but reading between the lines is interesting. We are very very lucky to have been sitting on top of the CFB mountain (both on the field and in the recruiting world) during this transition period. Just seeing what Tenn and UF are having to fork over for a 5 star quarterback to come on campus is wild.
I don’t think this is the last story of this type we see play out in recruiting.
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I always just sort of assumed that, given their high ranking by US News and World Report, the University of Florida’s actual graduates must be smarter than the mouth-breathing jean-shorts wearing jackasses that I see puking on the sidewalk each year in Jacksonville. Given this summary of events, however, I’m no longer certain that’s true.
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Wow, misreading a contract that you don’t realize is for $13 million?
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Priceless.
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Hey sometimes you miss a zero here, a comma there
Happens to everyone
https://www.reuters.com/legal/citi-ends-litigation-with-revlon-lenders-over-500-mln-accidental-payment-2022-12-16/
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A million here, a million there, pretty soon we’re talking real money.
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Contracts are simply invitations to negotiate, change my mind….
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If both parties signed the contract isn’t it binding?
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I’m not a lawyer, and don’t pretend to be one, but I deal a bit with contracts between the company I work for and our customers. This work involves a good deal of back-and-forth with our internal legal department. Part of this work over the past seven years has involved reviewing contracts crafted and signed by both parties prior to my (or our legal folks’) time with the company.
It has been shocking to find that many of the supposed “binding” contracts were so poorly written they are in effect null, and impossible to enforce.
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“To me it sounds like..” This idiot in his orange & blue colored glasses claiming “Miscommunication” is bs, milarkey, sad attempt of PR recovery.
There are too many millions $$ and a kids future at stake for grown adults to screw up such an offer.
To all the others, this “looks like a complete & utter discobombulated shitshow.”
It’s over jorter nation, you lost the guy and your NIL reputation is burnt. Now go hug yer Spurrier embroidered denim pillows and STFU.
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Agreed
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Sounds like things are going great in Gainesville, or Chernobyl, FL as it’s now known on the NIL circuit.
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Ruthless. Just ruthless.
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They were able to pay off that shark for keeping quiet about McElwain – until the photos came out. So they should be able to scrape up enough to get out of the Rashada deal.
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Ok…so the negotiated deal was never for $13M, but somehow got to the attorneys to write it up that way and no one checked that the $1.1M deal was ANNUAL, not MONTHLY. Ehhh…stuff happens.
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Boosters: son come to Florida and your NIL is worth $13,000,000
Rashada: $13mill sounds great
Boosters: let’s do the two bits chant to celebrate (but with crossed fingers behind his back he whispers…the contract will actually read $1,300,000.)
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The contract was for
13million doll hairs
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Ready, fire, aim
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