Empowering NIL Athletes to Become Future Leaders and Build Lasting Wealth
NIL athletes encounter sudden spikes of high earnings over short periods, face family financial pressures, and often feel tempted to make multiple costly purchases of depreciating assets, such as expensive cars. Therefore, they must make wise financial decisions to build lasting wealth.
Understanding the Unique Financial Risks for NIL Athletes
By addressing sudden income, career uncertainty, and outside pressures, athletes can build lasting wealth beyond college.
Sudden Income, Little Preparation
NIL athletes and sports entrepreneurs frequently receive large streams of payments at a young age. Still, they often lack access to proper wealth advisors, financial literacy, and financial planning systems needed to grow and manage these windfalls effectively.
Unclear Income Horizon
Family Pressure & Lottery Effect
Family and friends may treat the athlete’s NIL money as shared winnings requesting loans, business investments, or financial support.
Guiding NIL Athletes Toward Lasting Wealth
At Benjamins Money, we help NIL athletes build a strong financial foundation both while they’re in school and long after their athletic career ends. Our approach is designed to simplify financial decisions, protect earnings, and turn today’s opportunities into lasting wealth.
To discover how Benjamins Money can assist you in navigating NIL challenges and building wealth, download our comprehensive NIL whitepaper today!
Financial Planning Roadmap
Optimize your executive bonuses, deferred compensation, and stock and incentive plans for improved tax efficiency.
Cash Flow Management & Allocating Funds for Taxes
NIL athletes are often treated as independent business entities, which means taxes aren’t automatically withheld from their income. This requires proactive planning to manage large payments, set aside money for quarterly or annual taxes, and maintain healthy cash flow throughout the year. Benjamins Money, along with your tax advisor, helps athletes build financial systems that handle business-style income responsibly, avoid surprises, and make informed decisions about big expenses.
Investment Planning
We help athletes build emergency reserves and create long-term investment portfolios tailored to their career timeline and future goals ensuring stability even after college athletics ends.
Take Control of Your Financial Future Today
