Professional athletes like LeBron James or Joe Burrow, and touring performers such as Beyoncé or Cirque du Soleil, enjoy fame and high earnings – but they also face a unique tax complication. When these stars play games or perform shows across multiple states, they incur what’s popularly known as the “jock tax.” In simple terms, states and cities often demand income tax from visiting athletes and entertainers on the money they earned in that locale.

Introduction: NIL Success Requires More Than Popularity NIL has created generational opportunities for student-athletes. Whether you’re starting games or coming off the bench, your name, image, and likeness now hold measurable value. This new revenue stream is an introduction to entrepreneurship. NIL income comes with responsibilities that must be handled with intention: entity formation, taxes, compliance, cash flow, and brand management.

Student-athletes, learn how NIL deals can go wrong, plus get tax tips and financial literacy advice to navigate NIL opportunities wisely.

Matthew Sluka’s NIL deal raises questions: was it a misunderstanding, or did the coaching staff promise something they couldn’t deliver?

While it may seem that professional athletes are well-compensated, the reality is that their careers are often short-lived.

Here's the ultimate playbook for newly drafted athletes as they navigate the complexities of managing their newfound wealth.

A lot of good can come from NIL deals for high school athletes, but there are precautions to be aware of. Here’s an explanation of NIL deals

NIL deals sound good - until it's time to pay the taxes that nobody told student athletes they have to pay. Financial literacy is key.