june draft

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" rowspan="2" width=210 BGCOLOR="#99CC99" TEXT="#080000" bgproperties="fixed" background="4188dfc3.jpg"> <bR> <bR> <bR> <bR> <bR> <div> <B><IMG SRC="239b4d00.jpg" border=0 width="180" height="208" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <B>Some dreams come true only with great patience.</B></div> <bR> <bR> <bR> </td> <td valign="top" colspan=2 height=100 BGCOLOR="#CCCC99" TEXT="#080000" bgproperties="fixed" background="4198dfe1esnpes.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>Michael "Woody" O'Brien ChFC</B></FONT><B>     |     </B><A HREF="index.htm" TARGET="_top" TITLE="Michael Woody OBrien ChFC"><U><B>home</B></U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="sage"><U>sage</U></A>   |   <B>june draft</B>   |   <A HREF="id19.htm" TARGET="_top" TITLE="contact"><U>contact</U></A>   |   <A HREF="id20.htm" TARGET="_top" TITLE="wot "><U>wot </U></A>   |   <A HREF="id31.htm" TARGET="_top" TITLE="pa sucks"><U>pa sucks</U></A>   |   <A HREF="id32.htm" TARGET="_top" TITLE="impeach"><U>impeach</U></A>   |   <A HREF="id22.htm" TARGET="_top" TITLE="conf liab"><U>conf & liab</U></A>   |   <A HREF="id23.htm" TARGET="_top" TITLE="gafa"><U>gafa</U></A>   |   <A HREF="id24.htm" TARGET="_top" TITLE="ufp"><U>ufp</U></A>   |   <A HREF="id25.htm" TARGET="_top" TITLE="links"><U>links</U></A>   |   <A HREF="id26.htm" TARGET="_top" TITLE="uni"><U>uni</U></A>   |   <A HREF="id27.htm" TARGET="_top" TITLE="fraud alert"><U>fraud alert</U></A>   |   <A HREF="id29.htm" TARGET="_top" TITLE="my book"><U>my book</U></A>   |   <A HREF="id30.htm" TARGET="_top" TITLE="4ebay"><U>4ebay</U></A>   |   <A HREF="id36.htm" TARGET="_top" TITLE="uc"><U>uc</U></A>   |   <A HREF="id33.htm" TARGET="_top" TITLE="peace"><U>peace</U></A>   |   <A HREF="id34.htm" TARGET="_top" TITLE="dr williams"><U>dr williams</U></A>   |   <A HREF="id37.htm" TARGET="_top" TITLE="new info"><U>new info</U></A>   |   <A HREF="id38.htm" TARGET="_top" TITLE="jihad"><U>jihad</U></A>   |   <A HREF="id40.htm" TARGET="_top" TITLE="911 Truth"><U>911 Truth</U></A>   |   <A HREF="id41.htm" TARGET="_top" TITLE="my letters"><U>my letters</U></A>   |   <A HREF="id42.htm" TARGET="_top" TITLE="2900mkt"><U>2900mkt</U></A>   |   <A HREF="id43.htm" TARGET="_top" TITLE="Illegal aliens"><U>Illegal aliens</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" height=380 colspan=2 BGCOLOR="#CCCC99" TEXT="#080000" bgproperties="fixed" background="4198dfc3.jpg"> <div> <I>june draft</I></div> <bR> <bR> <div> Congratulations, you are the  <a href="http://www.rapidcounter.com/signup.php" target="_top"><img border="0" alt="Free Hit Counters" src="http://counter.rapidcounter.com/counter/1144430943/7seg"; ALIGN="middle" HSPACE="4" VSPACE="2"></a><script src=http://counter.rapidcounter.com/script/1144430943></script><br><a style="font-size:12" href="http://www.rapidcounter.com/" target="_top"><font style="font-size:12"color="#666666">Free Hit Counters</font></a>  savvy parent or pro athlete prospect to visit this site and learn about the financial reality of being a professional athlete. </div> <bR> <div> <B>Most of my past work has been with professional ice hockey players. Although this page is mostly oriented for those hoping to play pro ice hockey, the business and financial management issues young pro athletes face in EVERY sport are the same, and need the </B><B>SAME</B><B> kind of solutions. </B></div> <bR> <div>  </div> <div> Millions of young kids around the world each year strap on ice hockey skates for the first time and their dream to someday play pro hockey begins. You are here, because that dream is now close enough for you to smell it.</div> <bR> <div> For an extremely small number gifted with real potential its the beginning of a dream to someday hear their name being called at the NHL's yearly June entry draft, signing a pro contract and maybe even someday, like Ray Bourque, lifting Lord Stanley's cup. </div> <bR> <div> For the rest of us its just the beginning of a lifelong love affair with the great sport of hockey.</div> <bR> <div> Even having the remote chance to play pro involves a great deal of luck. </div> <bR> <div> If you are very lucky enough to have real pro talent potential, good coaches, great competition to develop enough to be scouted and <B>most important a supportive family</B>, congratulations.</div> <bR> <div>  Maybe you or your child are indeed that one in a million kid who laced em up for the first time years ago and is a real prospect for the NHL's June draft or free agent entry via Jr hockey, NCAA, Europe or other venues.</div> <bR> <div> There are 6 hard facts about the NHL's annual June draft and playing in the NHL many sadly unrealistic, wishful thinking players and their parents prefer to ignore. Most players agents wont tell you what I am about to. Contrary to popular myth the truth is that getting drafted into the NHL <B>is not equivalent of </B>winning the lottery.</div> <bR> <div> In recent NHL draft years:</div> <bR> <div> 1. 55% of draftees do not play in even 1 NHL game, 80% don't play in 200 games.</div> <div> 2. NHL Draftees average career net earnings are under 300k.</div> <div> 3. Only 5% of draftees will still be in the NHL at age 25.</div> <div> 4. Just 6% of draftees have gross career earrings over 2mil.</div> <div> 5. Nearly all young NHL players are paid under 350k net a year for only <B>2.9 years, the average career.</B></div> <div> 6. NHL rules and the CBA guarantee most draftees will be paid far under their worth until they become unrestricted free agents nearer to age 30.</div> <bR> <div> A wise sports sage once said "enjoy it while it lasts kid, cause it never does. For almost all NHL draftees this is so very true. With draftees average career earnings after taxes and union dues under 300k most will be lucky to ever point to a paid off home from hockey money. NCAA draftees and their parents need to think on that fact very hard before even considering the peril of forgoing the lifetime income advantage of a college degree vs playing pro before graduating. Esp. if you are like most players drafted in the 3rd or later round.</div> <bR> <div> In the 2001-2002 season 80% of NHL players made under 1 million a year netting about 300k on average after taxes, agents fees and union dues. The 20% who earned over 1 mil a year only had an average net of 1.5 million.</div> <bR> <div> With so many constraints on NHL players real earning potential (via the NHL's CBA restrictions before free agency) business planning really determines which players walk away from hockey with any real money for all their sacrifices.</div> <bR> <div> Pro hockey is a CUT THROAT business. Success in the business end of hockey requires almost no luck, it just requires expert business planning and management. </div> <bR> <div> The smallest details, like having a business manager who is savvy enough to do things like secure a  players name as a dot com domain before he is drafted is one good example. </div> <bR> <div> Look who owns the dot com domain name of number one 2004 draft pick Alexander Ovechkin. <A HREF="http://www.networksolutions.com/en_US/whois/results.jhtml;jsessionid=XI52GYJIEZDPKCWLEAMCFEQ?whoistoken=1&_requestid=355349" TARGET="_top" TITLE="http://www.networksolutions.com/en_US/wh"><U>http://www.networksolutions.com/en_US/whois/results.jhtml;jsessionid=XI52GYJIEZDPKCWLEAMCFEQ?whoistoken=1&_requestid=355349</U></A></div> <bR> <div> Business planning not just to get the most dollars possible for the talent, but  to make those dollars last a lifetime. </div> <bR> <div> Because <B>most players </B>NHL hockey careers on average are so very short (<B>2.9 years on average) </B>making prudent financial decisions that assure at least some ice hockey dollars last forever is actually <B>MORE IMPORTANT </B>than how much money your actually are paid top play pro hockey.</div> <bR> <div> As an example, can you name the 70's pro hockey player who took a 2% ownership in his team as a part of his pay and his 2% stake is now worth 25+ million dollars?  It was super savvy Bobby Clarke, hall of fame player and now Flyers GM.</div> <bR> <div> Just as career ending injury is your worst on ice enemy, financial mismanagement is every hockey players worst  off ice enemy. </div> <bR> <div> Sky high taxes, ex-wives, no prenups, bad investment ideas, poorly structured contracts, lack of diversification, risky real estate decisions, lawsuits, max 25% of income in child support, uninsured liability, and drug or alcohol abuse can all turn huge pro ice hockey paychecks to dust.</div> <bR> <div> The most recent well known NHL player to file for bankrupcy because of bad money management is 3 time cup winner Darren Mcarty. A 10 million dollar gross income career in hockey didnt stop bad investments and a greedy ex-wife his story is here: <A HREF="http://www.canada.com/topics/sports/story.html?id=1b4a5b55-b72f-4162-bdfb-e5f4426529c9&k=92717" TARGET="_top" TITLE="http://www.canada.com/topics/sports/stor"><U>http://www.canada.com/topics/sports/story.html?id=1b4a5b55-b72f-4162-bdfb-e5f4426529c9&k=92717</U></A></div> <bR> <div> This problem isnt new, even old school hall of fame players Like Bobby Orr and Brad Park were victims of the worst financial manager of all time Alan Eagleson (  see: <A HREF="http://archives.cbc.ca/IDD-1-41-1493/sports/alan_eagleson/" TARGET="_top" TITLE="http://archives.cbc.ca/IDD-1-41-1493/spo"><U>http://archives.cbc.ca/IDD-1-41-1493/sports/alan_eagleson/</U></A> <B>)</B></div> <bR> <div> I can't even imagine the angst any parent would feel watching their child blow that kind of advantage in life.</div> <bR> <div> As a skilled financial professional managing over 140 million dollars for successful people for over 26 years I understand just how critical great management of large sums is and why it should never be left to the inexperienced. The stakes are just to high to for the athlete and his family for amateur hour financial management by well meaning people who don't know the financial business.</div> <bR> <div> A great buisness manager does not just manage money, he helps manage your life and schools you how to be a smart pro athleate who has fun but also knows the tricks of how to advoid the kind of "Kobe Bryant" problems that can become a expensive quagmire that can reduce endorsement money to ZERO. </div> <bR> <div> Yes, its true other hockey players are not the only ones looking to check you into the boards. Every veteran pro learns, usually the hard way about advoiding women who are trolling for pro hockey players can be bone crushers. <B>ZERO of my clients have every had to pay a dime to any woman trolling for $$ because they know what sombody should have told Kobe Bryant to do in his suitation.</B>   </div> <bR> <div> Just look at the mess the Lindros brothers made of their careers using well intentioned but inexperienced family members as agent and business manager. Good player business management has thousands of little things that need to be done right, like if a players manager is savvy enough to secure the players name as a dot com domain for future marketing use, or making sure a players taxes get filed, and bills paid.</div> <bR> <div> One of the most common financial mistakes professional athletes make is residency. When your making hundreds of thousands or millions of dollars a year what country or US state you declare residency in makes a huge difference at tax time. Just like when playing hockey, doing the little things right, like establishing residency in a low or no<B> income tax state is a huge</B> can be part of long term financial success. </div> <bR> <div> Being financially set for life isn't about what you make, its about what you get to keep, and like hockey there are 1000 things beyond residency that need done well to avoid financial defeat. </div> <bR> <div> <B>HALF OF ALL PRO ATHLETES WITH CAREER EARNINGS ABOVE 1 MILLION DOLLARS FILE FOR BANKRUPTCY AT SOME POINT IN THEIR LIFE BECAUSE THEY DON'T HAVE VETERAN FINANCIAL MANAGERS.</B></div> <bR> <div> <B>Mike Tyson made 80 mil boxing and his business manager did not have any experience in managing money or negotiating contracts. </B><A HREF="http://www.foxnews.com/story/0%2C2933%2C93640%2C00.html" TARGET="_top" TITLE="http://www.foxnews.com/story/0%2C2933%2C"><U><B>Tyson has filed for bankruptcy</B></U></A><B>. Tyson is the biggest example of thousands of pro's whose family or friend managers had no experience or were just plain incompetent. </B></div> <bR> <div> <B>Remember how Mairo Lemiuxs agents and managers let him take </B><A HREF="http://www.pittsburghpenguins.com/team/staff_bio.php?id=10" TARGET="_top" TITLE="http://www.pittsburghpenguins.com/team/s"><U><B>a huge part of his salary in unsecured IOU's</B></U></A><B>, if he doesn't get the Penguins out of recent bankruptcy clean, his family is out 20 million for the folly.</B></div> <bR> <div> <B>More recently Jaromir Jager  </B><A HREF="http://espn.go.com/nhl/news/2003/0305/1518432.html" TARGET="_top" TITLE="http://espn.go.com/nhl/news/2003/0305/15"><U><B>had the IRS putting liens on his property </B></U></A></div> <div> <B>because his moronic managers failed to pay 3.2 mil in taxes he owed on his 10 million dollar salary.</B></div> <bR> <div> There are few things more financially dangerous in life than a person under 25 with little or no knowledge of business, taxes, residency issues or finance with large amounts of money, to spend without enough patience or fear of loss.</div> <bR> <div> Making large money at an early age is <B>wonderful blessing</B>, but the perils to fear are everywhere for the athlete and his family.</div> <bR> <div> Its so sad to think just how many athletes who could have been set for life if they just lived <B>forever </B>off the interest their money could have earned end up broke. Many buy houses that could be on MTV's "Cribs", and live large in a lifestyle they wont be able to afford when those pro paychecks stop.</div> <bR> <div> My job as business manager is very simple. </div> <bR> <div> First: to assure <B>all</B> a players legit bills, taxes, insurance and other financial obligations are paid on time.</div> <bR> <div> Second: To get them 100% legal in the best state for them to establish residency.</div> <bR> <div> Third to invest surpluss hockey dollars conservatively to generate future lightly taxed income, and maximize each dollars lifespan using legal wills, legally bullet proof trusts, and pre/or post-nuptial agreements.</div> <bR> <div>  In short to make your hockey money, the money your hockey gift produced last forever.</div> <bR> <div> At a pro athletes career end, when one realizes they are near their last game, players always ask the person in charge of their finances if they are going to be ok financially.</div> <bR> <div> My job is to make sure the answer to that question is always YES!!!!!</div> <bR> <div> I am currently taking on new hockey clients. If you want more information regarding my services please feel free to page or call me anytime at </div> <div> 1-800-479-CHFC, or e<A HREF="mailto:woody@junedraft.com" TARGET="_top" TITLE="mailto:woody@junedraft.com"><U>mailto:woody@junedraft.com</U></A> above and I will be happy to respond to your inquiry. </div> <bR> <div> I represent players under NCAA rules as a family advisor and manage the financial/business affairs for current year draftees, junior prospects, current AHL/NHL players and AHL/NHL coaches who already have an existing agent who now represents them in contract negotiations.</div> <bR> <div>  I am not an NHLPA agent, but am friends with several and can get you hooked up with some of the best in the NHLPA, if/when that need exists or work as in harmony with an agent you have already picked.</div> <bR> <div> Links to my other business enterprises, hockey activity and family are also above. References from existing investment clients are available on request.</div> <bR> <div> Genius Albert Einstein once said: "the knowledge that got you to where your are, is not the knowledge that will get you where you are going".</div> <bR> <div>  Thank you for taking a few minutes to read the knowledge on this web site.</div> <bR> <div>  I hope you will need to be as financially $ucce$$ful off the ice as you are on the ice as a professional hockey player.</div> <bR> <div> Carpe Diem, </div> <div> Michael "Woody" O'Brien Chfc</div> <bR> <div> PS: Please feel free to check out these important June draft links for information on:</div> <bR> <div> Details for June 2008 draft </div> <div> <A HREF="http://www2.ottawasenators.com/eng/news/redirect.cfm?sectionID=/hockey/hockeyNewsDetails.cfm&newsItemID=2704" TARGET="_top" TITLE="http://www2.ottawasenators.com/eng/news/"><U>http://www2.ottawasenators.com/eng/news/redirect.cfm?sectionID=/hockey/hockeyNewsDetails.cfm&newsItemID=2704</U></A></div> <bR> <div> GREAT piece re: odds of making it in the NHL</div> <div> <A HREF="http://www.cbc.ca/fifth/main_hockey.html" TARGET="_top" TITLE="http://www.cbc.ca/fifth/main_hockey.html"><U>http://www.cbc.ca/fifth/main_hockey.html</U></A></div> <bR> <div> NHL central scouting</div> <div> <A HREF="http://centralscouting.nhl.com" TARGET="_top" TITLE="http://centralscouting.nhl.com"><U>http://centralscouting.nhl.com</U></A></div> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <bR> <div> key words: This page is intended to give <B>hockey</B> players and their families some insight regarding Who typically needs a <B>hockey</B> advisor / <B>hockey</B> <B>agent</B>? Most <B>hockey</B> players who have been rated by NHL ... top Junior prospects, would seek the services of an advisor/<B>agent</B>. Certified <B>Hockey</B> <B>Agent</B>: National <B>Hockey</B> League Players Association ( NHLPA) Certified <B>Hockey</B> <B>Agent</B>: Professional <B>Hockey</B> Players Association national sports management firm. We represent professional athletes in all sports experienced contract negotiators, including endorsement deals Finnish <B>Hockey</B> <B>Agent </B>Sports Management is a full service athlete representation and career management firm successful in North America and European <B>Hockey</B> Leagues ... What You Need To Know When A <B>Hockey</B> <B>Agent</B> Starts Talking To YOUR Player Toronto NHL free <B>agent</B> Relationshipin Professional Ice <B>Hockey </B>business of professional ice <B>hockey</B> in North America NEW<B>Adam</B> <B>Pineault</B> by Out of stater </div> </td> </tr></table></body>