The Momagers Podcast
đď¸ In this episode of The Momagers, Mama Lagway and Lady G break down everything parents and young athletes need to know about **Name, Image, and Likeness (NIL)** deals â and why **protection** should always come before profit. NIL isn't "pay for play." It's real business: endorsements, social media, appearances, camps, and more. But with opportunity comes serious responsibility â taxes, contracts, exclusivity clauses, long-term rights, and protecting your athleteâs future and mental health. In this conversation we cover: ⢠What NIL actually is (and what it isnât) ⢠The biggest contract red flags parents must watch for ⢠Why taxes can sneak up on young athletes and how to prepare ⢠How to build the right team (attorney, advisor, agent) who aligns with your family values ⢠NIL GO rules, submission timelines, and what they really mean for deals ⢠Why parents still need to stay involved even after their athlete turns 18 Whether your child is in high school or college, this episode will help you approach NIL with confidence, clarity, and long-term vision. đĄ Key takeaway: Money is a tool â not the goal. Protect the brand, protect the athlete, and protect the future. Join the conversation in our Discord community for free NIL checklists, team-vetting questions, and more resources! đ Drop your biggest NIL question in the comments! #NIL #NILdeals #StudentAthlete #ParentingAthletes #SportsBusiness #NameImageLikeness #AthleteBrand Timestamps: 00:00 Intro 01:15 What is NIL really? 03:30 The tax wake-up call 12:26 Dangerous contract examples 15:37 Understanding NIL GO 26:18 Final advice for parents Subscribe for more real talk on parenting athletes in todayâs world
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