Is anyone counseling the athletes on the taxes they'll have to pay on their NIL and stipend money? Granted, they don't have to take any advice, but I would think that the funds come in the form of deposits to an existing account.
If money is being exchanged from either the university or the NIL account, then there should be paperwork what the athletes will need in order to file taxes.
If money is being exchanged from either the university or the NIL account, then there should be paperwork what the athletes will need in order to file taxes.