Can I deduct my lunch as an NIL athlete?

Source: TurboTax Ever wondered about the deductions available to NIL-contracted athletes? We break down the essentials of what’s considered ordinary and necessary for your athletic business – and yes, it’s pretty much like any other business! Learn the ins and outs of deducting expenses related to those crucial lunch meetings. Depending on who you meet […]

Analyzing tax deductions

Source: TurboTax Sometimes, you may owe less tax than you think. After this video, you’ll be able to correctly incorporate tax deductions like the standard deduction and tax credits as options to reduce taxes owed.

Navigating NIL Contracts: Key Legal Considerations with Wasserman’s Alanna Hernandez

Source: Wasserman Alanna Hernandez, Executive Vice President of Business Affairs & Operations, Team Sports for Wasserman, shares invaluable advice on what student-athletes should consider when approached with an NIL deal from a legal standpoint. Learn about key aspects such as exclusivity, payment guarantees, approval rights, and the importance of understanding contract terms. Looking for specific […]

Selecting Professional Service Providers or Third-Party Providers

Source: Advance NIL In the NIL space, many service providers or third-parties may want to work with you, including marketing agents, accountants, attorneys, business managers, and web developers. It’s crucial to understand that these individuals will be working for you. Luke Fedham reviews some key points to consider in this video.

Financial Questions to Ask Yourself Before Signing an NIL Deal

Source: Advance NIL Courtney Altemus covers some essential tips for managing NIL compensation as a student-athlete. Understanding the specifics of your payments and having a solid plan in place can make a significant difference in your financial success. By addressing these simple yet crucial details, you can better prepare yourself for the financial aspects of […]

Taxes 101 with Courtney Altemus

Source: Advance NIL Courtney Altemus dives into the exciting new opportunities for collegiate athletes to be compensated for their NIL. With these new earnings, it’s crucial to understand the responsibilities that come with managing your finances, particularly when it comes to taxes. This provides a quick guide to help you navigate this process and keep […]

Budgeting 101 with Rashad Campbell

Source: Advance NIL Rashad Campbell delves into the importance of budgeting for student-athletes navigating their NIL opportunities. Rashad gives you a step-by-step plan for creating your budget, starting with clearly identifying goals to ensure your financial plan aligns with what’s most important to you.

Navigating NIL Opportunity Contracts

Source: Advance NIL Luke Fedham covers the crucial aspects, like services, compensation, contract terms, and intellectual property, of navigating NIL opportunity contracts for student-athletes. When a brand or company approaches you to represent them, it’s vital to ensure the contract terms are clear and fair.

Ins & Outs of Marketing Agent Contracts with Luke Fedlam

Source: Advance NIL In this video, Luke Fedlam breaks down the essentials of a marketing agent contract, specifically tailored for student-athletes navigating the Name, Image, and Likeness (NIL) landscape. Understanding these contracts is crucial to ensure you’re getting the best representation without overcommitting.

What is Intellectual Property?

Source: Advance NIL In this video, Luke Fedham breaks down the essentials of Intellectual Property (IP) and its significance in NIL contracts. Understanding IP is crucial for student-athletes entering agreements where their personal brand is leveraged by companies.