When it comes to choosing an NIL agent, experience and promises aren’t enough. What really matters is reputation—how an agent has treated other athletes, families, and brands. In a space as new and fast-moving as NIL, reviews and feedback from real athletes are some of the most powerful tools you have. Here’s why reviews matter […]
When you start earning money from Name, Image, and Likeness (NIL) deals, it’s tempting to put your earnings into whatever sounds exciting—maybe a single stock, a friend’s business idea, or even crypto. But smart investing isn’t about betting everything on one option. It’s about spreading risk. That’s where diversification comes in. Just like in sports, […]
With the recent NCAA rules allowing Name, Image, and Likeness (NIL) earnings, student-athletes face new and exciting financial opportunities. However, managing these earnings involves substantial tax responsibilities. Here’s exactly what your Certified Public Accountant (CPA) needs to know about your NIL deals to help manage your taxes effectively. Sources of Income Clearly outline all sources […]
For student-athletes earning income through Name, Image, and Likeness (NIL) deals, effectively tracking expenses is crucial. Keeping detailed records helps your tax professional maximize your deductions, reducing your taxable income and saving you money. Here’s a guide to effectively track your NIL expenses. Understanding Deductible Expenses Before tracking expenses, understand what qualifies as deductible: Create […]
As a student-athlete earning NIL income, it can be tempting to think only about the present—new gear, travel, or everyday expenses. But one of the smartest moves you can make with your money is to put some of it to work for your future. The key? Compound interest. Compound interest is like the ultimate teammate […]
As a student-athlete, earning money through Name, Image, and Likeness (NIL) deals is an incredible opportunity. But once that money hits your account, you face an important decision: how should you invest it? Should you focus on short-term goals, like saving for a car or extra expenses during school? Or should you think bigger and […]