“Your name is your brand. Your reputation is your resume. Protect both.”

-Kristen M. Olson

309. NIL Explained: Name, Image & Likeness, Athlete Branding, Money & Mental Health

NIL is changing college sports—and athletes, parents and coaches need to understand the game. In this episode of Turmeric & Tequila™, Kristen M. Olson breaks down the basics of NIL (Name, Image & Likeness) and why it represents one of the biggest shifts in college athletics in modern history. What exactly is NIL? Who pays athletes? How do NIL deals work? And perhaps most importantly, how can young athletes take advantage of new opportunities without losing sight of their values, identity, mental health and long-term goals? As a former Division I athlete, Kristen brings a unique perspective to the conversation. She competed at a time when college athletes could generate tremendous value for their universities but had very few opportunities to monetize their own name or influence.

Today, athletes can potentially earn money through social media partnerships, brand sponsorships, appearances, camps, merchandise, YouTube, podcasting, affiliate marketing and other opportunities connected to their personal brand.

But opportunity comes with responsibility.

Kristen explores both sides of the NIL conversation—from entrepreneurship, financial opportunity and athlete ownership to the challenges of comparison, recruiting, transfer culture, team dynamics and the pressure young athletes can face when money and social media become part of the equation. The bigger message? NIL should be about more than today’s paycheck. Athletes are building brands while they’re still competing, which means the decisions they make today can influence their reputation, relationships and opportunities long after their playing careers end. Kristen also dives into the importance of choosing brand partnerships that align with personal values, protecting authenticity and understanding that your reputation is an asset that can’t simply be rebranded.

Because ultimately, being an athlete is only one part of being human. Your name is your brand. Your reputation is your resume. Protect both. This episode is a starting point for athletes, sports parents, coaches and anyone interested in the rapidly evolving business of college sports. And if you’re interested in going deeper, Kristen’s upcoming conversation with Chloe Barnes Henderson explores Athletic Academy and how athletes and families can better navigate NIL.

What You’ll Learn:

Timestamps:

00:00 — Welcome to Turmeric & Tequila™

00:08 — Why We’re Talking About NIL

01:44 — NIL: One of the Biggest Shifts in College Sports

02:17 — What Is NIL? Name, Image & Likeness Explained

03:01 — How College Athletes Can Monetize Their Personal Brand

03:19 — NIL Is Not the Same as Getting Paid to Play

03:42 — Why NIL Became Necessary

04:45 — The Positives: Entrepreneurship, Opportunity & Ownership

05:39 — Athletes Are More Than Athletes

06:50 — The Challenges & Unintended Consequences of NIL

07:22 — Transfer Portals, Recruiting & Changing Team Culture

07:55 — When “Who Pays the Most?” Becomes the Question

08:43 — Would Kristen Have Wanted NIL as a Division I Athlete?

09:24 — Why Athletes Need Guidance

09:35 — Your Reputation Is Your Greatest Asset

09:35 — Three Questions Every Athlete Should Ask Before Taking a Deal

10:07 — Authenticity, Audience Trust & Choosing the Right Brands

10:43 — Playing the Long Game With Your Personal Brand

11:38 — The Future of NIL: Founders, Investors & Entrepreneurs

12:09 — Your Name Is Your Brand. Your Reputation Is Your Resume.

12:17 — Advice for Athletes, Parents & Coaches

12:49 — NIL as a Tool for Bigger Opportunities

13:04 — Finding Brand Partnerships That Actually Fit

13:28 — Know the Game. Build Your Team.

14:00 — Final Thoughts & Closing

14:30 — Cheers to Living with Intention

14:50 — End

Kristen M. Olson is an entrepreneur, coach, speaker, athlete and host of Turmeric & Tequila™. A former Division I athlete and longtime competitive athlete, Kristen brings a unique perspective to conversations at the intersection of performance, business, leadership, wellness, identity and personal evolution. Through KO Alliance, Kristen works at the intersection of branding, marketing, community and strategic partnerships, helping people and brands build meaningful relationships, amplify their missions and create opportunities with purpose. As the host of Turmeric & Tequila™, Kristen explores what it means to become a better, more intentional human—embracing what she calls “graceful disruption” and challenging people to choose growth over comfort. Links to connect below:)

Connect with T&T: 

IG: @TurmericTequila 

Facebook: @TurmericAndTequila 

Website: www.TurmericAndTequila.com

Host: Kristen Olson 

IG: @Madonnashero 

Tik Tok: @Madonnashero 

Website: www.KOAlliance.com

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