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As football aka soccer culture matures in the United States, the number of young footballers who desire to join the professional ranks continues to rise dramatically. These base salaries for young footballers are normally only guaranteed for three years, making the decision to turn professional a difficult one and indeed very situational.
Below is some info that may assist with such decision should you be faced with it. As always, reach out for specific information that cannot be entirely disclosed here. Below are some pointers that may help you decide whether those income generating channels are worth pursuing and their specific timing.
Should young professional footballers then accept sponsorship deals early in their careers or defer remuneration until the careers have hopefully taken off? What are the advantages of accepting early remuneration?
Are the benefits only financial? Are there any trade offs? In a r ecent article I wrote regarding college soccer , we have seen how even the NCAA governing body for college sports in the US , founded on the principles of amateurism, is now allowing student-athletes to benefit from the financial generosities that Name, Image, and Likeness NIL usage offers. Some student-athletes especially American football ones are earning millions of dollars via NIL deals.
Early remuneration for an activity young footballers are already pursuing seems like a no-brainer. After all, they are likely foregoing at least a couple of hundred thousand dollars in potential college soccer scholarship money to pursue a college degree.