We report a theoretical study of nonadiabatic transitions within the first-tier ion-pair states of molecular iodine induced by collisions with CF4. We propose a model that treats the partner as a spherical particle with internal vibrational structure. Potential energy surfaces and nonadiabatic matrix elements for the I2-CF4 system are evaluated using the diatomics-in-molecule perturbation theory. A special form of the intermolecular perturbation theory for quasi-degenerate electronic states is implemented to evaluate the corrections to the long-range interaction of transition dipole moments of colliding molecules. The collision dynamics is studied by using an approximate quantum scattering approach that takes into account the coupling of electronic and vibrational degrees of freedom. Comparison with available experimental data on the rate constants and product state distributions demonstrates a good performance of the model. The interaction of the transition dipole moments is shown to induce very efficient excitation of the dipole-allowed v3 and v4 modes of the CF4 partner. These transitions proceed predominantly through the near-resonant E-V energy transfer. The resonant character of the partner's excitation and the large mismatch in vibrational frequencies allow one to deduce the partner's vibrational product state distributions from the distributions measured for the molecule. The perspectives of the proposed theoretical model for treating a broad range of molecular collisions involving the spherical top partners are discussed.