The NIL Athletes & Families Fix Kit
Built for college athletes and their families earning NIL money.
If you're a student-athlete, parent, or advisor navigating NIL, the number that matters most usually isn't the deal size — it's whether that deal is properly reported through NIL Go, and whether your agent's fee actually matches the work they did to get it. This kit finds where the money leaks in your own work and gives you the steps and the words to close each one.
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The 9 leaks it covers
3 you can close it · 2 the other side owes it · 4 a pro decides
- Can't tell school revenue share, collective money and brand deals apartWhere to look first: List every payment you've received this year.Keep it from coming back: Tag each payment by channel the day it arrives. Check the NIL Go submission before you spend third-party money.You can close it
- Brand-deal NIL and school revenue share lumped together for taxWhere to look first: Split your income into two lists: brand-deal NIL, and school revenue share (plus any House settlement payment).Keep it from coming back: Tag every payment to its stream the day it lands, and keep the contract that shows what you had to do for it.You can close it
- Third-party NIL deals not reported through NIL Go at the $600 lineWhere to look first: List every third-party NIL deal (not school revenue share): payer, value (including product), date signed.Keep it from coming back: Report each third-party deal in NIL Go within five business days of signing. Keep the deal list current so nothing near the $600 line is missed.You can close it
- Counting on House back-damages money that is frozen by the appealWhere to look first: Nothing recovers faster here — the back-damages money is on hold while the appeal is pending. As of our last check (October 2026) we found no decision; check the administrator's site for the current status.Keep it from coming back: Budget only from money that has arrived. Re-check the administrator's notice when the Ninth Circuit rules.The other side owes it
- NIL income shrinks need-based aid two years later through the FAFSAWhere to look first: Write down your NIL income by calendar year. The FAFSA uses income from two years before the school year, so this year's NIL shows up two aid years from now.Keep it from coming back: Every January, total last year's NIL income and note which future aid year it will hit.The other side owes it
- International athlete on F-1 doing NIL work — unauthorized employment riskWhere to look first: This is the highest-stakes item in this lane. Do not act on what teammates are doing. Don't sign or start any NIL deal while in the US until you've talked to an immigration attorney.Keep it from coming back: No NIL deal for an F-1 athlete gets signed or performed in the US without an immigration attorney's sign-off.A pro decides
- Agent commission negotiated with no legal cap and no real benchmarkWhere to look first: Write down the percentage your agent takes, and on what: every deal, or only the deals the agent brought in.Keep it from coming back: Get the fee, the fee base and the deals it covers in writing before you sign anything.A pro decides
- Don't know how the school split its revenue-sharing pool or where your number came fromWhere to look first: Get a copy of your revenue-share agreement with the school, signed, if you don't already have one.Keep it from coming back: Never sign a revenue-share agreement without a copy in hand and the payment schedule and take-back clauses read first.A pro decides
- Agent contract signed without knowing the 14-day cancel right or required warningsWhere to look first: Find your agent contract and the date you signed it.Keep it from coming back: Read the contract for the four required items before you sign. Calendar day 14 from the signing date.A pro decides
Free: one full leak from this kit
No sign-up, no email. Here is leak 1 of 9 exactly as it appears in the kit, so you can see what you get before you buy.
Can't tell school revenue share, collective money and brand deals apart
You can close it- List every payment you've received this year.
- Tag each one: school revenue share, collective, or direct brand deal.
- For collective and brand-deal money (third-party NIL), check whether it went through NIL Go. Third-party deals worth $600 or more must be reported there, within five business days of signing or agreeing payment terms. Collective money gets the closest look at who the payer is and how it is tied to your school.
- Keep the contract, proof of what you did, and the payment record for each deal.
- Before signing any new collective deal, talk to your school's compliance office.
Your part: Submit each deal in NIL Go yourself and talk to compliance.
Email to my school's compliance office: Subject: Checking my NIL reporting — [YOUR NAME], [SPORT] Hi [COMPLIANCE CONTACT], I want to make sure my reporting is right. This year I've received: - School revenue share: [AMOUNT/DATES] - Collective payments from [COLLECTIVE NAME]: [AMOUNT/DATES] - Brand deals from [BRAND(S)]: [AMOUNT/DATES] Can you confirm which of these I needed to submit through NIL Go, and whether anything is missing? I can send the contracts. Thank you, [YOUR NAME] [PHONE]
Tag each payment by channel the day it arrives. Check the NIL Go submission before you spend third-party money.
What this kit can't decide for you: Whether a deal will be cleared is the CSC's decision; eligibility questions go to the school's compliance office. LeakReceipts does not predict outcomes.
That's 1 of 9. The other 8 come the same way in the kit: steps, words to send, a habit to keep each one closed.
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What people in this work look up
When student-athletes, their parents and advisors go looking for answers, they search things like “nil contract”, “nil deals”, “nil money” and “nil collectives”. Those searches turn up forms, averages and other people's numbers. This kit starts from your own records instead: the 9 places money leaks in this work, where to look first and the words to send to close each one.
What you get for each leak
- Numbered steps to close each leak
- Your part, spelled out
- Words you can use: letters and scripts, ready to send (fill in the brackets)
- A habit that keeps each leak from coming back
- An honest line on what the kit can't decide for you
A page from the kit
Questions people ask
How is NIL money taxed?
Brand deals and school revenue share shouldn't be lumped together. The kit shows how to keep them apart.
Does NIL money affect financial aid?
It can shrink need-based aid two years later through the FAFSA. The kit flags it.
What should I know before signing an NIL agent?
Commission has no legal cap, and there's a cancel right and required warnings. The kit covers them.
What it can't decide for you
This kit works from your own records. It doesn't give legal, tax, licensing or financial advice, and it never tells you what to charge. Where a CPA, attorney, insurer or state board makes the call, the kit says so and gets your records ready for them.
13-page PDF · instant download after payment · Code VYR-KIT-VARSITY-01
Opens secure checkout. Instant download after payment. 30 days to ask for a refund — refund policy · terms
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