Miami booster John Ruiz disputes report over Jaden Rashada NIL deal
Miami booster John Ruiz is disputing a report that he brokered a NIL deal with a representative for recent Miami QB commit Jaden Rashada.
Rashada committed to the Canes on Sunday afternoon, giving them their highest-ranked commitment to date in the class of 2023.
By Sunday evening, a report from On3’s Jeremy Crabtree stated that Ruiz had reached a deal worth $9.5 million with Rashada’s NIL representative, Michael Caspino.
Later that night, Ruiz and Caspino both disputed any negotiations on behalf of Rashada.
Mr. Ruiz is correct. I have never ever, spoken to him about Jaden Rashada. In fact, 90% of our discussions have been about our amazing kids. We both share something in common, we are deeply proud of our adult children.
— Mike_Caspino (@mcaspino1) June 27, 2022
On3’s report also stated that Rashada turned down $11 million from Florida’s Gator Collective. However, Gator Collective also released a statement on Sunday night denying any engagement with Caspino.
— Gator Collective (@GatorCollective) June 27, 2022
Caspino told On3 that Rashada left “millions” on the table. However, Caspino did not specify which program(s) would have been more lucrative for Rashada.
Ruiz’s company, LifeWallet, has signed dozens of Miami athletes to NIL deals. Ruiz was recently interviewed by the NCAA for an “inquiry” into his NIL deals with Miami athletes.
Rashada is a California native and is one of the top quarterback prospects in the country. He’s the No. 7 ranked QB in the country for this cycle, per 247Sports Composite rankings.
