NAME IMAGE lIKENESS
LEGAL & COMPLIANCE CONSULTATION SERVICES
FOR STUDENT-ATHLETES
FMG offers a variety of services in sports & entertainment, business management, and consulting. Through our multi-service platform, we are now able to offer name Image Likeness consulting and management services to student-athletes.
What does NIL mean?
Name, Image, and Likeness is a three-prong legal concept known as “right of publicity”. Right of publicity involves scenarios where permission is required of a person to use their name, image, or likeness. The requirement of permission means that the person whose NIL is being used may demand compensation by a third party in return for use of one’s NIL.
Our Top 5 NIL Services
Consulting & Advice – Your rights, strategy, and choosing the best pathway forward.
Compliance – Compliance overview, reporting and disclosing requirements.
Legal Services – Contract review (termination clauses, hidden fees, and short/long term negotiations) and advice by a contract attorney for any deals presented (NFTs, Digital Avatars, etc.).
Accounting Services – Tax strategies and advice (tax implications on the revenue generated; 1099 employee status, and tax return services).
Hiring Critical Personnel - Marketing/Branding Company, Sports Agents, Business Managers, and Financial Advisors.
Due diligence
We pride ourselves in training our clients to perform their due diligence when hiring critical personnel.
What is due diligence?
Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.
Compliance Resources
Your Road to Success Begins Now
Learning about Financial Fundamentals
Learn how to create revenue streams, build wealth, and grow your assets. Also, how to manage credit, personal banking, bill pay and investments.
Post Career Planning – Life Beyond Sports
Create a plan for your post athletic career.
(Degree completion strategy; Advanced degree options; Business strategies).
fmg
Accountants, Attorneys, Business Management, and Consultants all under one roof.
FMG is interested in building a long-term relationship with our clients and promises to engage in win-win situations. Your best interest is our top priority.