We tested the structural relationships between stress, burnout, athletic identity, and athlete satisfaction in student athletes attending Korea's physical education high schools and analyzed the differences between paths by ego resilience. Data were collected from student athletes at three Korean physical education high schools. Before data collection, each instruments' content validity was confirmed, and after data collection, construct validity was tested using factor analysis. The results were derived using reliability testing, descriptive statistics, correlation analyses, and structural equation modeling. After testing the final research model, the following results were obtained: (a) high levels of stress had a strong correlation with burnout and high levels of burnout was negatively related to athletic identity and athlete satisfaction; (b) in our model, burnout showed full mediation of the relationship between stress and athlete identity/athletic satisfaction; and (c) the high ego resilience group showed a weaker relationship compared to the low ego resilience group in the pathways from stress → burnout and burnout → athletic identity/athlete satisfaction.