Insights and perspectives About Sports

Exploring topics, tips, and trends in the world of global and compliant payments.

  1. Amateur Athletes Enter the Marketplace

    Amateur Athletes Enter the Marketplace

    For decades, amateur athletes’ ability to profit off themselves was strictly prohibited. Maintaining your “amateur” status meant just that – no professionalized compensation whatsoever. In 2021, however, the NCAA implemented a policy change allowing student-athletes to earn money from their “NIL” (Name, Image, and Likeness). Since the policy shift, more… Read More

  2. What College Athletes Should Know About Taxes Related to NIL Payments

    What College Athletes Should Know About Taxes Related to NIL Payments

    Since July 1, 2021, college athletes have been legally allowed to earn NIL (name, image, and likeness) money. This significant change in NCAA policies has had a profound impact on college athletes. Prior to this, athletes were prohibited from profiting off their own NIL, limiting their earning potential. However, with… Read More

  3. How Payment Labs Transformed Payouts for X Games

    How Payment Labs Transformed Payouts for X Games

    The Payment Labs team is excited to share our latest Success Story with a great partner, X Games. Our 2-sided platform not only delivers exceptional value, ease of use, and service to payors but also faster, compliant payments to the athletes. Everybody wins. X Games, the leader in action sports… Read More

  4. How Payment Labs Accelerated Growth for the Association of Pickleball Players (APP)

    How Payment Labs Accelerated Growth for the Association of Pickleball Players (APP)

    Payment Labs is proud to announce our most recent success story with the Association of Pickleball Players (APP). Pickleball is America’s fastest growing sport, and this partnership furthers the ambitions of the APP as they strive to meet the rising demand for competitive tournaments. Teaming up with Payment Labs, the… Read More