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How a 5-Star College Athlete Turns $1.2M in NIL Money Into Generational Wealth | Moment Private Wealth What happens when an 18-year-old signs a $1.2 million NIL and revenue sharing deal — and has zero tax plan? In this video, former MLB player and Moment Private Wealth co-founder Jacob Turner breaks down the exact financial strategy used to save a top college football recruit over $200,000 in taxes and build long-term wealth from a single NIL deal. In this video you'll learn: The 4 key tax strategies every NIL athlete should know (state residency, entity selection, Solo 401k, and itemized deductions) How to cut your effective tax rate from 50%+ down to 33% The right way to budget, save, and invest NIL money at 18 How $685,000 saved today could grow to $80 million by age 80 Whether you're a college athlete, a recruit's parent, a coach, or just a college football fan — this is the clearest breakdown of what NIL money actually looks like behind the scenes. Schedule an Intro Call with Moment 📲 https://www.momentprivatewealth.com/s... 00:00 $1.2M Per Year at 18 Years Old (NIL Reality) 01:18 Meet Jack: The 5-Star Recruit Scenario 02:42 The Real Tax Bill on $1.2 Million 04:25 How We Saved Over $200,000 in Taxes 05:35 State Residency Strategy (California vs Texas) 06:42 LLC + S-Corp Strategy Explained 07:52 Solo 401(k) and Roth IRA for NIL Athletes 09:05 Deducting Agent Fees and Business Expenses 10:12 How Much Can an NIL Athlete Actually Spend? 11:20 Where the Money Should Go (Emergency + Investments) 12:38 The 3 Investment Buckets for Athletes 13:58 Why 18-Year-Olds Should Avoid Private Deals 14:38 Turning $1.2M Into $80M (Power of Compounding) 15:12 The Biggest Money Mistake Young Athletes Make #NIL #CollegeFootball #NILMoney #CollegeAthlete #AthleteFinance #FinancialLiteracy #generationalwealth