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White House Roundtable Addresses Growing Crisis in College Athletics

The White House recently hosted a roundtable led by President Donald Trump that focused on the escalating financial, legal and governance crises facing U.S. college athletics. The discussion brought together leaders from sports, government and business to examine how recent court rulings, Name, Image and Likeness (NIL) practices, and inconsistent state laws have destabilized the…

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The SEC’s New Recruiting Edge: Tax-Free NIL

UPDATE: Since this article was originally published, the Mississippi legislation proposing an exemption for Name, Image and Likeness (NIL) income from state income tax has stalled. Although the bill passed the Mississippi House of Representatives, it did not advance out of the Senate Finance Committee before the legislative deadline, effectively ending the proposal for 2026….

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Why Every Professional Athlete Needs a Wealth Protection Strategy

Imagine earning millions during your career only to lose it all due to poor planning. Are your assets truly protected? When it comes to the earnings of a professional athlete, asset protection should be a top priority. Determining an appropriate strategy early in one’s career is key. A well-known example highlighting the importance of early…

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FAQs About NIL and Taxes

If you’re earning income through your name, image, and likeness (NIL), you’re not just building a brand—you’re running a business. And with that comes tax responsibilities. Here are a few important FAQs on NIL and taxes. What Qualifies as NIL Income? NIL income includes money earned from: Do You Owe Taxes? What About Estimated Tax…

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Risk and Reward: The NIL Era

College football has undergone a seismic shift in the past three years, driven by the introduction of the transfer portal and Name, Image, and Likeness policies. NIL has transformed the sport into a more transactional landscape, allowing players to monetize their personal brands. The transfer portal has empowered athletes to switch schools without losing eligibility,…

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Trust But Verify: Inspecting Your Business Manager

The pursuit of wealth can be incredibly tempting. It is a force so powerful that it sometimes pushes people to cross boundaries they ordinarily wouldn’t. While judgment is not being passed, the goal is simple: to protect entertainers, athletes and high net worth individuals from falling victim to breaches of trust that could jeopardize their…

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