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Sports & Entertainment

You have your NIL money, what’s next?

First things first, congratulations. Now it’s time to learn a little more about the name, image, likeness game. Whether you’ve made a deal for $5K, $10K or $100K, here’s what you should know.

The fundamentals

Before you make big decisions, make sure you know the drills – financially and professionally.

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A team effort

No matter your situation, our Sports & Entertainment advisors can help with maximizing earnings, investments and entrepreneurship.

It’s tee time

Every year, we spotlight the incredible golfers at the Augusta National Women’s Amateur (ANWA). We’re proud to support this event that never fails to impress spectators and inspire the next generation.

How to win in the game of finances

Knowing the ins and outs of finances and contracts can set you up for success

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Know the rules

Follow your college’s NIL policy so you don’t lose eligibility or your scholarship. Deals with alcohol or apparel companies may be prohibited.

Deal with debt

Now can be a great time to pay off your bills, student loans, and build your credit score. Then create a budget to stay on track.

Play it safe

Start an emergency fund for the unexpected. It’s recommended to have three to six months’ worth of expenses in your savings.

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Build your empire

When you have new money, there’s lots of potential in the investing world. But it can be overwhelming, especially if you’re a first timer. We can help.
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Take care of others

You may have family members to look out for or want to give back on an even larger scale. There are many options. And some have tax benefits.

Make Merrill your financial coach

Focus on your needs first

We learn what’s important to you today and what you want in the future.

Build a plan just for you

You’ll work with your advisor to create a plan that’s uniquely yours.

Be flexible for life

Your needs and goals may change, your financial plan can too.

Stay on track

Your advisor will help keep you on track guiding you every step of the way.

Explore more

Changing the game: women are ready to invest in their financial future

Name, Image, Likeness (NIL): What are your key money moves once you’ve signed the deal?

Financial Education Matters: A Conversation with Darren Woodson

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