Athlete Earnings Statement
ATHLETE EARNINGS STATEMENT
Section titled “ATHLETE EARNINGS STATEMENT”| Field | Detail |
|---|---|
| Statement Period | $PeriodStart$ through $PeriodEnd$ |
| Athlete | $AthleteName$ |
| University | $University$ |
DEAL SUMMARY — THIS PERIOD
Section titled “DEAL SUMMARY — THIS PERIOD”| # | Brand | Campaign | Gross | Commission | Net to Athlete | Status |
|---|---|---|---|---|---|---|
| 1 | ||||||
| 2 | ||||||
| 3 |
PERIOD TOTALS
Section titled “PERIOD TOTALS”| Amount | |
|---|---|
| Gross Compensation | |
| Agency Commission | |
| Net to Athlete |
YEAR-TO-DATE SUMMARY
Section titled “YEAR-TO-DATE SUMMARY”| Amount | |
|---|---|
| YTD Gross | |
| YTD Commission | |
| YTD Net to Athlete | |
| YTD In-Kind Value | |
| YTD Deals Completed |
TAX REMINDER
Section titled “TAX REMINDER”- All NIL income is taxable as self-employment income
- 1099-NEC issued for annual earnings of $600+
- Set aside 25-30% of net earnings for taxes
- Consult a CPA for personalized guidance
Retain for personal financial records. Subject to final year-end reconciliation.