Bee Scott

Favorite mom of @justinleoscott and @jasontryme.

[Bee Scott @BeeScott1]

🥰

[🥶The Baller Plug🥶 @AnalyticalCoach]

.@JasonTryMe

Westbury Christian High

‘25 Guard

@joeagleason | @Extraeyesmedia

[Bee Scott @BeeScott1]

One of Jason's teammates from 4th grade happens to be in Korea. The ten year then and now pics. ❤️ ❤️ ❤️

[Bee Scott @BeeScott1]

Day 1 in Korea with my Day 1s.

[Bee Scott @BeeScott1]

My whoas.

[Bee Scott @BeeScott1]

When your momma in Korea and your daddy in DC, so your big brother Justin flies in from Atlanta to pick you up from doggy day care.

[Bee Scott @BeeScott1]

I jumped on a flight to Hong Kong with the intention of buying a ticket to Seoul on the plane but the WiFi was too bad. So, I needed a someone to book, pay and check me in. Justin is now my person. He did great. I'm on my flight to Seoul!

[Bee Scott @BeeScott1]

The text all Parents are waiting on.

[Bee Scott @BeeScott1]

Fascinating how so many are talking poorly about and stereotyping 21 year old college players with NIL but none of these concerns with 21 year old professional players.

[Scott Morrison, CFP® @SMorrison_]

$1.2M NIL deal at 18.
Most keep $588K. Michael kept $805K.
The $217,000 gap was four decisions wide.

Meet Michael. 18 years old. From California. Never filed a tax return in his life. Just walked into more money than most adults will see in a decade.

Here’s how we drew it up.

𝗠𝗼𝘃𝗲 𝟭: 𝗦𝘁𝗮𝘁𝗲 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝘆.
California has a 13.3% top tax rate. Texas has none. NIL income is taxed based on your state of domicile, not your school’s state. We established Michael as a Texas domiciliary.
Saved: $127,000.

𝗠𝗼𝘃𝗲 𝟮: 𝗘𝗻𝘁𝗶𝘁𝘆 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻.
NIL income is self-employment income. As a sole proprietor, Michael would pay self-employment tax on every dollar. We set up an LLC taxed as an S-corp, paid him $190K in salary, and took the rest as distributions.
Lower SE tax. And it unlocked the next move.

𝗠𝗼𝘃𝗲 𝟯: 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝘀.
Remember that $190K salary? It wasn’t random.
It maxed out his solo 401(k): $24,500 employee + 25% employer match = $72,000.
Add a backdoor Roth IRA at $7,500.
Tax savings today: ~$26,000. Plus 50 years of compounding.

𝗠𝗼𝘃𝗲 𝟰: 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀.
Here’s the one most athletes never hear:
Off-field NIL income lets you deduct agent fees. On-field salary doesn’t.
Agent fees ($60K+) + business expenses ($20K) = $80K off the top.

Four moves. $217K back in his pocket. Now we invest.

If Michael puts $685K to work at age 18 and never adds another dollar, an 8% return gets him here:

Age 30: $1.7M
Age 40: $3.7M
Age 50: $8M
Age 60: $17M
Age 70: $37M
Age 80: $80M

He’s 18. His superpower isn’t the $1.2M.
It’s the 60 years of compounding nobody his age understands he has.

What he does in the next 12 months decides whether $1.2M stays $1.2M or becomes $80M.

If you’re on a big NIL deal, let’s talk.

[Bee Scott @BeeScott1]

Man, I had to have a real conversation with my kids on how they are spending money of food (my credit card). It's like $17-25 a meal 2-3 times a day, every day.

[Lumen @LumenX_]

God will Neverrrrrrrrrrrrrrrrr fail you.

[Goshawk Trades @GoshawkTrades]

Ken Griffin on the single factor he looks for when hiring at Citadel:

"show me an athlete who did well academically."

"an athlete because they know what it takes to win and they've had to experience loss."

talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level.

same thing separates profitable traders from everyone else.

[Bee Scott @BeeScott1]

Vote in local elections!! It's troubling that in 2026, days after a significant blow to the Voting Rights Act that only 11,743 people voted in a middle / upper class city of 100,000.

[Bee Scott @BeeScott1]

Just voted for the third time this year, I gotta keep making sure they hear me!!

[Bee Scott @BeeScott1]

@brodyrobinson_ Exactly. They are not fixing the problem, they are permanently locking it in.

[Bee Scott @BeeScott1]

@GoodmanHoops I guess they just dropped the transfer limitations. No one wanted that anyway.

[Bee Scott @BeeScott1]

@GoodmanHoops The 2020 players getting five years, the JUCO players getting five years, all caused the problems people are complaining about regarding high schoolers getting an opportunity. How does five year's eligibility fix that? Seems to make it worse.

[Bee Scott @BeeScott1]

Everybody take off November 3, 2026 from now. We go to the polls at 6am.

[Bee Scott @BeeScott1]

It really bothers me that people are not talking about how playing five years will affect the high school players of smaller roster sports like tennis and golf. They should have made this a rule for just football.

[Bee Scott @BeeScott1]

Granting everyone playing in 2020-2021 a 5th year is what hurt high school seniors through 2025. Granting everyone in the class of 2023 forward a 5th year is going to hurt even more. There used to be 25% of players leaving and now it will be 20%. Basic math.

[Bee Scott @BeeScott1]

Five years of eligibility hurts high school players more than four years of eligibility. Thank you for coming to my Ted Talk.