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I’m Nicole, a sports mom with 25 years in pro sports. Athletes have game plans. Their money needs one too. Let’s build yours before the contract or check arrives. DM PLAYBOOK.
After 20 years in sports and conversations with 100 student-athletes, one thing is clear: NIL opportunities are growing, but preparation isn’t keeping up. Avoid these 3 mistakes
1. Forgetting NIL income is taxable
2. Negotiating alone
3. Waiting
A reported $6. 5M NIL deal isn’t $6. 5M to spend. Federal taxes alone could approach $2. 3M, before self-employment, Medicare, and state taxes. Build your financial team before the money arrives. DM “PLAYBOOK” to get started.
I’ve spent 25 years in pro sports. The deal is never the hard part—what you do with it is. Athletes need a plan for cash flow, taxes, and life after the deal. DM “PLAYBOOK” if money’s coming in without a strategy.