Income that compounds, before the first pro contract.
NIL (name, image, and likeness) deals, endorsement income, and licensing each carry their own tax and entity implications, structured for college athletes preparing for what comes next.
Each income type has its own implications
NIL deals, endorsement income, and licensing each have their own tax and entity implications: treated as one undifferentiated pile of income, that structure gets missed.
Structured so it compounds
We help structure income so the brand revenue compounds rather than evaporates, coordinating entity structuring, state sourcing, and an investment policy for the surplus.
Built with the next contract in mind
For college athletes who go on to a professional contract, the entity structure and tax habits built during the NIL years carry forward: first-contract readiness starts with how the NIL income was handled.
What’s included.
- NIL and endorsement entity structuring, in place before income arrives
- NIL and endorsement income tax planning, coordinated with estimated payments
- Licensing and royalty stream management, tracked as its own income line
- State sourcing and multi-state filings, mapped to where income is earned
- Brand and business-expense planning, separated from personal spending
- Investment policy for surplus income beyond current needs
- First-contract readiness, so entity and tax habits carry into a pro career
How it works.
Structure the entity
The entity is in place before the first NIL, endorsement, or licensing payment lands.
Track state sourcing
You know which states the income touches and what filings follow from that.
Invest the surplus
Income beyond what you spend now follows a policy, rather than sitting undirected.
Carry the structure forward
If a professional contract follows, the entity and tax habits already in place carry into it.
Answers from the practice.
How is NIL income taxed?
NIL income is generally treated as self-employment income for federal tax purposes, which can trigger self-employment tax and estimated-tax payment obligations that a W-2 paycheck never did.
Why set up an entity before NIL or endorsement income arrives?
Because the structure affects how the income is taxed and what can be deducted against it. Setting it up early (before the income arrives) is generally the difference between income that compounds and income that evaporates.
Is this the right fit for my situation?
It fits college athletes whose NIL, endorsement, or licensing income is arriving or about to, before the structure is set. If nothing is signed yet, earlier is easier. A first conversation is how we find out: observations are shared, decisions stay yours.
What happens after I reach out?
We start with a conversation about the deals in motion and how the income flows today. We review what exists (entities, agreements, filings) and lay out whether and how the practice can help structure what's next, including what carries forward if a professional contract follows.
Coordinate with the rest of the firm.
NFL Players
We model what an offer means after taxes, escrow, and signing-bonus timing, then build the post-career income plan for the short earning window that follows.
AccountingAccounting
Forward-looking tax planning, federal and state returns, and entity structuring.
Wealth ManagementWealth Management
Comprehensive financial planning, disciplined investment management, and retirement income coordination.
Talk through collegiate nil.
An introductory conversation is the easiest way to learn whether 755 Financial is the right fit.
Schedule a Conversation