Yogi and Stracks dive into the complexities of NIL (Name, Image, and Likeness) contracts in hockey, highlighting the opportunities and challenges faced by players. Tyson Strachan and Johann Kroll discuss the importance of understanding tax implications, financial planning, and the necessity of working with knowledgeable professionals to navigate this evolving landscape. They emphasize the significance of early investment and proper reporting for both U.S. and Canadian players, while also addressing cross-border taxation issues and the importance of compliance with regulations.
