CREAM-NIL Strategy Advisor

Example

Advising a college athlete on establishing an LLC to manage endorsement deals and speaking engagements

Scenario

A track and field college athlete seeks to monetize her rising popularity through endorsements and personal coaching services. CREAM advises her on setting up an LLC, which provides liability protection and tax advantages, facilitating a structured approach to managing her new income streams.

Example

Educating athletes on investment strategies and financial planning to secure their future

Scenario

An emerging professional football player, unsure about managing his finances, turns to CREAM. The platform offers him personalized financial literacy training, covering topics from budgeting and saving to investing, ensuring he makes informed decisions to secure his financial future.

Example

Assisting entrepreneurs in assessing and selecting the right business partners or sponsors

Scenario

A female entrepreneur with a startup focused on sports nutrition seeks to partner with an athlete for brand promotion. CREAM provides insights on evaluating potential athlete partners based on alignment with her brand values, market reach, and the potential impact on her business growth.

Example

Offering advice on complying with NIL regulations and optimizing tax benefits

Scenario

A basketball player at a major university navigates his NIL opportunities for the first time. CREAM helps him understand the legal landscape, ensuring his deals are compliant with NCAA rules while also advising on tax strategies to maximize his earnings.