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Ep 70 | Athlete CEO: NIL Contracts & Protecting the Athlete's Business Interests | Luke Fedlam, Esq.
Manage episode 466513501 series 2983146
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Corporate Attorney and Sports Law Advisor, Luke Fedlam, Esq., joins Glenn on the Field to discuss contract law, the legalities of an NIL contract, and why athletes have to start thinking like a CEO in the NIL era. Luke advises athletes on proper business formations and structuring, including developing an appropriate legal entity through incorporations, how to build, protect, and leverage a personal brand, and how to use NIL earnings for estate planning and building wealth. Luke also shares how athletes can protect their NIL earnings by creating business entities, real estate investments, and nonprofit foundations.
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