Scott Bridge
9.9K posts

Scott Bridge
@ScoBridge
Senior Lecturer Emeritus, Electronic Journalism, Butler University

Indiana Sen. Rod Bray was on CNN just now. “If you had a do over on indana’s redistricting vote, would you do it the same way? “Indiana’s gonna do things the way Indiana needs to do them. We’re not gonna base that decision on other states.” “So no regrets?” “No, no regrets.”

$1,200,000. College Athlete. 1099 Income. Here’s what nobody tells NIL athletes pulling real money: The moment your first revenue share or NIL check cleared, you became a small business owner. The IRS doesn’t care that you’re a student-athlete in college. They don’t care that your earning window might be just a few years. They want their cut. Today. Here’s what we did to keep serious money in his pocket instead of sending a check to Uncle Sam: 1️⃣ LLC taxed as an S-Corp Put him on his own payroll and paid him a reasonable salary. The rest? Taken available as distributions. Stops 15.3% self-employment tax from gutting every endorsement check. → Saves tens of thousands of dollars. 2️⃣ Maximize business deductions Training. Recovery. Content production. Travel. Equipment. Agent and legal fees. Home office. The real cost of running a 7-figure brand, finally run through the entity. → Saves tens of thousands of dollars. 3️⃣ Solo 401(k) $24,500 employee + $47,500 employer = $72,000 deferred for retirement. At age 20 with 45 years of compounding ahead, that single contribution can grow to millions of tax free money. And we plan to do this every year that we’re earning 1099 income. → Saves roughly $26,000 per year. 4️⃣ Pass-Through Entity Elective Tax State tax paid at the entity level. Sidesteps the federal SALT cap. → Saves about $30,000 5️⃣ Backdoor Roth IRA $7,500 in. Tax-free growth for life. At 20 years old, this is the highest-leverage account he’ll ever own. 6️⃣ Donor Advised Fund / his own Private Non-Profit Builds a giving legacy. Aligns with his personal brand. Generates real federal deductions. → Saves $15,000–$40,000+, depending on giving level Total tax savings for 2026: $150,000+ This is what we do. Same story every time with NIL athletes earning 6 and 7 figures: → Treating the income like an allowance → Spending before structuring → Trusting the same tax preparer their family used for W-2 income their whole life You’re not a college kid with a side hustle. You’re the CEO of a 7-figure personal brand. Your team should look like one. 📍 If you want to see where you stand with your money, take our Moment Money Quiz and find out in two minutes 👇


Big East NET, Kenpom and Torvik rankings now that the regular season has concluded for all BE schools

It would wrong to let this life-changing day go by without thank you's to @butleru @ButlerCCom and specifically @ScoBridge for giving a small town kid with a squeaky voice and no experience a chance to make it. And thank you, God. YOU made this all happen!







Trump: "Vladimir said just a little while ago, he said 'I've never seen anybody do so much so fast.' He said, 'your country is, like, hot as a pistol,' and a year ago he thought it was dead."


In advance of Game 7: Let us take a moment to remember those who could not be with us here today.








