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For any athlete collecting NIL checks – no matter how big or small they are – tax planning needs to be a year-round process. As we prepare for the year ahead, we've outlined everything you need to know about year-round tax planning.
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Any good investor understands the power of diversification – a concept best captured by the phrase: “Don’t put all your eggs in one basket.” This proven strategy can help athletes reduce risks and increase returns.
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Athletes bring a set of unique perspectives, expertise, and financial resources to the table as investors. Explore the different approaches they take – from LP to angel investor – and how they contribute to the investing world.
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There are many similarities between the way young athletes approach their sport and the way they should approach their finances. Athletes understand that success means committing to the grind and embracing coaching.
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What happens when you give an 18-year old kid with minimal personal finance experience a $1M NIL deal? How do we make sure this is an investment with long-term, generational benefits? Let's break the cycle of financial mismanagement.
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It’s tax season, and for college athletes making NIL checks, it means you’ve got a big tax bill. Taxes are not withheld from money earned through NIL, so here's what to know about NIL taxation as tax season approaches.
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