Tax Breaks for Athletes? The NIL Deal Tax Exemption Debate

The ongoing discussion around NIL (Name, Image, Likeness) deals, their tax implications, and the future of college athletics has been heating up in recent years. One key topic is whether NIL deals should be tax-exempt, with some arguing that athletes should not be taxed for using their own name and likeness, while others maintain that they should be treated like any other form of earned income. In this episode I discuss NIL deals, states that are pushing for tax exemptions on NIL Deals, and the House Vs. NCAA settlement.