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The Compound Commitment
Welcome to the Compound Commitment, where we focus on the small actions that compound over time. I'm your host, Mike Nilson. Join me every Tuesday as we build the habits that support wealth, health, and happiness.
Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.
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The Compound Commitment
The NIL Opportunity: What Every Athlete & Family Needs to Know w/ Theresa Gralinski
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Episode 029: Athletes today have opportunities to earn money that didn’t exist just a few years ago.
From revenue sharing… to collectives… to individual brand deals—NIL (Name, Image & Likeness) has completely changed the game.
But with new opportunity comes new complexity.
In this episode, I sit down with Theresa Gralinski to break down how NIL actually works, where the money is coming from, and what athletes and families need to understand to make the most of it.
We talk about:
- The three primary ways athletes are earning NIL income
- Real-world examples of deals (including opportunities beyond football and basketball)
- Why many athletes—especially those playing professionally overseas—may be missing out
- The importance of building the right team (agent, advisor, CPA, attorney)
- What athletes need to know about taxes, spending, and long-term planning
Whether you’re an athlete, a parent, or someone advising athletes, this episode will help you better understand one of the biggest shifts in sports today—and how to turn short-term income into long-term impact.
Because NIL isn’t just about making money…
It’s about what you do with it