Representation Without Taxation Jill McBride Baxter

In depth discussion on What is a Collective? How do they work? What Can a Coach or Booster actually do in the NIL space, and the great idea created by the Michigan State Football Players. 
If you are looking for representation email me at jillbaxter@me.com , text me at 559-250-0151 or set up a one on one meeting. https://calendly.com/jillbaxter/one-on-one-meeting.
If you like this episode please share, subscribe and provide a review on itunes. 
Visit Jill's Website
Do you Need Help from Jill? Click Here to see all your choices!
Follow me on twitter @agentjillbaxter
Follow me on IG @agentjillbaxter
 
 

Jill discusses with Community and Legal  Advocates in Sacramento about Creating Space for Transgender Athletes in the Sports World, Legislation in the United States, Transgender Athletes and the Olympics, Title VII, Title IX.  To get in touch with Isaiah, No Better Option,  https://www.linkedin.com/in/isaiah-noel-crockran-1b094251/, isaiah@nobetteroption.com
To get in touch with Anglin to help Black Child Legacy Campaign https://www.blackchildlegacy.org
https://www.linkedin.com/in/anglinbakerjr/
 
Do you Want to be a Sports Agent sign up for my course https://www.jillmcbridebaxter.com/sports-agent-academy
To Help Allie with Ending Homelessness go to www.pathwayshousingfirst.org
 

32 year Milwaukee Sentinel beat writer Tom Silverstein and Jill discuss the Davante Adams trade, the position needs of the Green Bay Packers in the 2022 NFL Draft, and his tips for young journalist! We discovered during the interview that Tom was a student newspaper sports reporter when my dad was coaching at Univ of Wisconsin. Such a small world! If your a packers fan follow Tom Tom Silverstein Packers beat writer, Milwaukee Journal Sentinel
Mobile: 414-313-6514
Email: tom.silverstein@jrn.com
Website: www.jsonline.com,
www.packersnews.com
 
If you are looking for representation email me at jillbaxter@me.com , text me at 559-250-0151 or set up a one on one meeting. https://calendly.com/jillbaxter/one-on-one-meeting.
If you like this episode please share, subscribe and provide a review on itunes. 
Visit my website www.jillmcbridebaxter.com
Follow me IG @agentjillbaxter
Follow me on twitter @agentjillbaxter

3% A Number That is Not Gross, Its Disgusting 
I have eluded to frustration with percentage based fee structure in the current market in sports industry. 
Heres Why
Breaking Down 3%: it may seem like a nominal fee until I break this down into real usable numbers Coaching and playing is simply what you do to support your family. I am coaches wife and I am in charge of our family finances my husband salary has a huge impact on our monthly finances. If  you have a pen and paper you may want to follow along and write this down so you can see what 3% actually means to your pocket book. Let take $100,000 Gross Salary-that is the salary offered by the institution or pro team before taxes The federal tax rate is 10%, 15%, 25%, 28%, 33%, 35%, 39.6% depending on the amount you make after your taxable income. For the purposes of this exercise I am going to use the 33% tax rate.  State taxes vary.  I will use 10% some states may be higher, some lower, and a few states have no state income tax. 6.   5% is an amount you may contribute to a qualified 401K
7.    33% plus 10% plus 5% = 48% 
In numbers this means at 100K divided by 12 = 8,333 gross pay 
After 48% is deducted your net pay is roughly $4,150
 
9.   Agent Fees of 3% of 100K= 3,000
10. Agent Fees of 4% of 100K = 4,000
 
Although a 3% fee is defendable on per hour basis for attorney fee on $100,000 contract negotiation. You are almost paying one month salary to your agent. 
 
One Million Dollar
 
Here’s where is get interesting. Lets do this based on One million dollar deal. You may be saying hey I don’t make one million dollars well over a 2-3 year multi year deal you might make that much.
 
Here what those numbers look like:
 
1,000,000 divided 12 =  $83,333 per month
after 48% is deducted your net pay = $41,666 month
 
3% of million is $30,000 4% $40,000 which again is almost one month salary.  As a mom of college aged children that amount will be what you will need to pay college tuition. 
I do this for a living and that amount just really doesn’t pencil.
At 30,000 a year that is probably your second biggest expense next to housing.
If an attorney charges $500 per hour and average contract negotiation takes 5-15 hours 2500-7500 dollar fees. 
This is why my fee structure is a point of difference. If you want a copy of my current yearly fee  email me at jillbaxter@me.com. Please share, subscribe and provide a review on itunes. 
Follow me IG @agentjillbaxter
Follow me on twitter @agentjillbaxter
 

Jill and New York Jets pro personnel scout Kevin Murhphy talk about What the NFL teams want to know before they decide to draft a player.  Do You need Represention? Call Jill Baxter 559-250-0151 or email jillbaxter@me.com. Visit my website www.jillmcbridebaxter.com IG @agentjillbaxter
Twitter @agentjillbaxter
 

Brandon Ruiz has one of best kickoff legs in the 2022 NFL Draft. He played for Arizona State and Missisiippi State. HIs Special Teams Coach Shaun Slocum at Arizona State is available to discuss Brandon's talent. His number 920-680-2253. Call Jill McBride Baxter 559-250-0151 if you want to get in touch with Brandon to set up a work out.