Best of B Team: NIL Cash Chaos: Fixing College Sports Money

College athletics shifted from cash-filled duffel bags to multi-million dollar deals almost overnight, but the infrastructure to support these young athletes never caught up. When dynamic, highly paid recruits sign contract deals without basic financial guidance, the resulting confusion damages both the program and the player. Host Josh Saffron sits down with Chad Campbell, founder of Pinnacle Sports Ventures, to break down what actually happens behind closed doors in collegiate name, image, and likeness negotiations.We break down how the current system leaves student-athletes vulnerable to predatory contracts and poor financial decisions. Chad Campbell walks through the mechanics of managing two-sport athletes, setting up LLCs for teenagers, navigating transfer portal deadlines, and correcting the leadership failures within local collectives. He reveals how a lack of basic tax knowledge and vehicle registration guidance exposes the lack of institutional preparation for high-earning college kids.The messy part of athlete wealth management comes down to basic execution over flash. Teenagers receive five-figure checks without knowing how to account for taxes or shield their income, while traditional football operations struggle to negotiate business deals cleanly. Viewers gain a clear look at the business structures required to turn temporary athletic hype into lasting financial equity.If you care about sports business, NIL deals, and financial management for young athletes, you will get a lot from this episode. Subscribe and share to keep up with every conversation. What is the single biggest financial mistake you see young athletes make when they first get paid?