The Difficulty with Letter of Intent and NIL Contracts in Recruiting
2 min readThe Difficulty with Letter of Intent and NIL Contracts in Recruiting with Coach Schuman and Mike Farrell
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Pawn and both sine in order for it to be Executed what's difficult And what makes these things for people To understand very dicey is that I could Sign my nil I mean my letter of intent To go to Florida But I won't officially have my nil deal Until after I signed to go to that School which is what it's really a Handshake it's me and Mike Farrell Shaking and saying this is the deal We're gonna do and it's it's almost like You know where the Oil Barons back in The the old days right we we sign and we Shaking a deal and then eventually that Gets worked out but what's tough is The calculator risk that the age is Taking here Is he saying I have a kid that's the top Player quote unquote at that quarterback Position he's going to go to Florida I Signed my letter of intent I don't get The money that I wanted whatever that Money is And now I want to go back on the open Market the question then becomes is is Your open market higher or lower now Because you're deemed to be whether it's True or not I'm not saying it's true or Not I'm just saying you're deemed to be Maybe a headache right doesn't mean you Are a headache I don't know anything About Jaden Rashad other than I've seen A lot of film on them but I don't know
You know way more than I do so Um I'm just saying as purely from like a Business standpoint Does that Marketplace go higher or lower Because of because of the work as it now The age is calculating that it's a Higher marketplace right otherwise he Would say sign this deal Um he's calculating that's going to be a Higher Marketplace for him if he gets Out of the uh uh out of signing with With Florida I'm not so sure I'm curious what you Think about this because I'm not so sure Because It's so messy And unintentionally could Marge Aiden Rashada I'm not saying he's not gonna Get another million dollars not saying That probably will but he enters marred Yep Right yeah and it hurts his NFL stock Too because everybody pays attention to What you do out of high school now again If he's a great quarterback in college