187: Financial Advice for “N.I.L. Millionaires” (Featuring Will Platt)

The Momentum Advisors Show

We are in the 3rd year of college (and high school) athletes being able to cash in on their Name, Image and Likeness (NIL) for endorsement deals. Total compensation to amateur athletes is currently around $1.67 billion and is expected to exceed $2.5 billion by 2026. Many student athletes are earning six and seven figure compensation as teenagers. On today’s show, we school you on the trends in college sports, and break down financial advice for the new crop of NIL Millionaires.