{"id":309,"date":"2026-05-02T18:05:59","date_gmt":"2026-05-02T18:05:59","guid":{"rendered":"https:\/\/twopercentconsulting.com\/?p=309"},"modified":"2026-05-02T18:06:00","modified_gmt":"2026-05-02T18:06:00","slug":"two-part-series-2-2-10-nil-mistakes-athletes-keep-making","status":"publish","type":"post","link":"https:\/\/twopercentconsulting.com\/es\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\/","title":{"rendered":"Two part series (2\/2) – \u201c 10 NIL Mistakes Athletes Keep Making\u201d"},"content":{"rendered":"

I wanted to do a two part series on the easy mistakes students athletes tend to make and what to look out for. This is part 2!

Mistake #6: Choosing the Wrong Business Structure – LLCs aren\u2019t magic. S\u2011Corps aren\u2019t for everyone. Sole proprietorships offer zero protection. Your structure should match your income, your goals, and your state. Ask questions before you file anything.

Mistake #7: Assuming Their Agent Knows the Rules – Anyone can call themselves an NIL agent. Not everyone understands NCAA rules, state law, taxes, or contract risk. Your agent should protect your eligibility, not jeopardize it.

Mistake #8: Forgetting About State and Local Taxes – Earn income in multiple states? You may owe taxes in multiple states. Residency matters. Location matters. Athletes need to understand where they owe not just what they owe.

Mistake #9: Overlooking the Impact on Financial Aid and Family Taxes – NIL income can change dependency status. It can affect FAFSA.
It can impact your parents\u2019 tax credits. NIL doesn\u2019t just affect you, it affects your household.

Mistake #10: Not Treating NIL Like a Long\u2011Term Brand – NIL isn\u2019t just about deals. It\u2019s about identity, reputation, and leverage. Athletes who build a brand now will have opportunities long after the last whistle. Think of NIL as a business, the business of YOU!<\/p>","protected":false},"excerpt":{"rendered":"

I wanted to do a two part series on the easy mistakes students athletes tend to make and what to look out for. This is part 2! Mistake #6: Choosing the Wrong Business Structure – LLCs aren\u2019t magic. S\u2011Corps aren\u2019t for everyone. Sole proprietorships offer zero protection. Your structure should match your income, your goals, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-309","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nTwo part series (2\/2) - \u201c 10 NIL Mistakes Athletes Keep Making\u201d - Two Percent<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/twopercentconsulting.com\/es\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two part series (2\/2) - \u201c 10 NIL Mistakes Athletes Keep Making\u201d - Two Percent\" \/>\n<meta property=\"og:description\" content=\"I wanted to do a two part series on the easy mistakes students athletes tend to make and what to look out for. This is part 2! Mistake #6: Choosing the Wrong Business Structure – LLCs aren\u2019t magic. S\u2011Corps aren\u2019t for everyone. Sole proprietorships offer zero protection. Your structure should match your income, your goals, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/twopercentconsulting.com\/es\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\/\" \/>\n<meta property=\"og:site_name\" content=\"Two Percent\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-02T18:05:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-02T18:06:00+00:00\" \/>\n<meta name=\"author\" content=\"A-Ray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"A-Ray\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/\"},\"author\":{\"name\":\"A-Ray\",\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/#\\\/schema\\\/person\\\/79a01d2aa6b650e25e84ec8df6f28aad\"},\"headline\":\"Two part series (2\\\/2) – \u201c 10 NIL Mistakes Athletes Keep Making\u201d\",\"datePublished\":\"2026-05-02T18:05:59+00:00\",\"dateModified\":\"2026-05-02T18:06:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/\"},\"wordCount\":230,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/\",\"url\":\"https:\\\/\\\/twopercentconsulting.com\\\/two-part-series-2-2-10-nil-mistakes-athletes-keep-making\\\/\",\"name\":\"Two part series (2\\\/2) - 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