An attorney reviews contracts. A CPA manages your taxes. An advisor finds deals. Each role is distinct and hiring in the wrong order is one of the most common costly mistakes.
Most athletes do not need a full team in Year 1. But they do need to know which role they need first and what each role does and does not do. The most common costly mistake is hiring the wrong type of advisor for the wrong task, or assuming one person can cover all three critical functions. An attorney does not replace a CPA. A sports agent does not replace an NIL attorney. Each role is distinct.
Attorney: before you sign any deal with exclusivity or above $500. CPA: before your first quarterly payment (April 15 of your first NIL year). Advisor/Agent: when you are consistently earning and want to scale, or when a major revenue share negotiation is on the table. Mentor: whenever you can get one.
Hiring an advisor before hiring an attorney. Advisors find deals. Attorneys protect you in them. The sequence matters. An unreviewed deal with a 24-month exclusivity clause can cost more than the advisor found in the first place.