Ep 44: NIL Deals: Financial Touchdown or Fumble?
Are college athletes set up for success or failure with NIL deals? It might be the dream of every college athlete to increase their bank account or drive a nice car, but is it helping or hurting them?
Many college athletes hope to go on to lucrative careers in professional sports, but the truth is most athletes won't get there. Name, image, and likeness deals can provide some much-needed relief during the lean college years.
In this episode, listen in as Chris and Ericka volley on opposite ends of this debate about college NIL deals. They look at the realities and long-term ramifications of these potential opportunities and find out why financial education is essential for college athletes looking to make informed choices about their futures.
Get Ericka's book, Naked and Unashamed: 10 Money Conversations Every Couple Must Have
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Instagram: @forbetterandworth
Ericka: @erickayoungofficial
Chris: @1cbyoung