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Paying Players: NIL, Taxes & The Unknowns Facing Athletes and Schools

About the Webinar:

Join Peter Stathopoulos on May 20, 2026 at 2 p.m. ET for a practical webinar on the tax issues emerging as NIL income, collectives, and direct athlete payments continue to evolve.

Date: Wednesday, May 20, 2026

Time: 2 – 3 PM | Eastern

Format: Live webinar with Q&A

CPE Credit: One hour

Overview

NIL has moved quickly from endorsement income to significant compensation for student-athletes. As payments grow, so do the tax questions facing athletes, families, schools, collectives, and advisors.

In this one-hour session, BT Partner, Peter Stathopoulos, will walk through key federal and state tax considerations, including 1099 income, self-employment tax, estimated payments, multi-state filing obligations, and common planning mistakes.

What You’ll Learn

  • How NIL income is generally reported and taxed
  • Why 1099 income creates self-employment tax obligations
  • How multi-state filing issues can arise from games, appearances, and endorsements
  • What schools and collectives need to understand about payment reporting
  • How non-cash compensation, including cars, housing, travel, and crypto, may be taxed
  • What common mistakes can create penalties, interest, or missed planning opportunities

Who Should Attend

This webinar is designed for:

  • Athletic department leaders
  • University finance and administration teams
  • NIL collectives
  • Student-athletes and parents
  • Sports agents and attorneys
  • CPAs and tax advisors
  • Schools evaluating NIL payment and reporting processes

Why Attend

You’ll leave with:

  • A clearer understanding of how NIL income is taxed
  • Practical guidance on federal and state tax exposure
  • Better insight into multi-state filing risks
  • A stronger framework for helping athletes avoid common tax mistakes