NFL Players' Podcast

In Episode 34 of the AWM NFL podcast, host Riccardo Stewart sits down with Jeff Locke, Zach Miller, and Sam Acho to delve into the complexities of taxes for NFL players. With over 20 years of combined experience on and off the field, they explore effective tax strategies for building multi-generational wealth. This episode offers actionable insights into optimizing tax decisions, ensuring players and their families retain more of what they've earned.

Show Notes

Key Highlights

  • Understanding Income Streams: Jeff Locke breaks down the three main income types for NFL players—W2, 1099 endorsement income, and investment income—and their tax implications.
  • Rookie Tax Mistakes: Sam Acho discusses common missteps in charitable giving and introduces the concept of a donor-advised fund to enhance giving strategies.
  • Avoiding Tax Penalties: Zach Miller shares his personal experience of overpaying taxes and emphasizes the importance of integrated tax and investment strategies.
  • Strategic Tax Planning: Insights into deferring investment income to reduce tax burdens during a player's career.

Quotes

  • "The rookie mistake that I see from NFL players is they're giving, but not giving well." – Sam Acho
  • "You don't want any more income coming in. You want to defer as much as you can to when you're done playing." – Zach Miller

For more details and inquiries, reach out to AWM Capital at 602-989-5022 or visit awmcap.com.

Creators and Guests

Host
Jeff Locke
Wealth Strategist and CERTIFIED FINANCIAL PLANNER™ (CFP®) at AWM Capital
Host
Riccardo Stewart
Former college character coach and Director of Human Capital & Family Leadership
Host
Sam Acho
Director of Human Capital and Impact and an in-studio and game analyst for ESPN.
Host
Zach Miller
Former NFL player and current CERTIFIED FINANCIAL PLANNER™ (CFP®)

What is NFL Players' Podcast?

The podcast by NFL players for NFL players. Each week, we break down the biggest events in football and how they directly impact a player's career and money.

Join Former NFL Veterans Sam Acho (Bills, Bucs, Bears & Cardinals), Zach Miller (Seahawks & Raiders), Jeff Locke (Vikings, Colts, Lions, 49ers), and college coach, Riccardo Stewart, for a raw and unfiltered conversation about the game, the business, and how players can achieve generational wealth.