University of Florida commit Jaden Rashada has requested to be released from his letter of intent after a $13 million name, image and likeness deal with the Gator Collective dissolved.
Mark Long of The Associated Press reported Rashada's commitment to Florida was "contingent" on the eight-figure deal. According to the report, the Gator Collective's funding for the contract fell through, leaving the group to terminate the NIL deal with Rashada.
This article will be updated soon to provide more information and analysis.
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