Report: Jaden Rashada Released from Florida LOI After $13M NIL Deal Falls Through

There reportedly will be no $13 million name, image and likeness deal for quarterback Jaden Rashada and the Florida Gators.

Pete Nakos of On3 Sports reported Rashada was released from his national letter of intent with the SEC school after previously signing during December's early signing period. He both verbally requested to be released and filed official paperwork for it to happen Tuesday.

Richard Johnson of Sports Illustrated confirmed he was released from his letter of intent.

Mike Bianchi of the Orlando Sentinel (h/t Nakos) previously reported the reason Rashada had not arrived on campus for the Gators was an issue with an NIL deal that was worth approximately $13 million over the course…