Before the draft, we often hear agents and families say things like:
Unfortunately, statements and approaches like these lead to players losing both money and opportunities that are often not recoverable. Mainstream media, some agents, and most financial education in the United States have sent the wrong message that financial advice is just about picking investments.
Let’s look at a few important types of Financial Advice that aren’t picking investments:
This list could go on with numerous other activities that are financial advice that aren’t limited to just buying and selling investments. As you can see, there is plenty of financial advice where expert help is needed BEFORE the draft to maximize your opportunity and truly understand the decisions you are making.
You are different from 99.95% of people in the United States…don’t you think you should also prepare differently?
You found an agent because you believed they were the best person in the world to help maximize your draft contract, you work out with the best trainers available, and you would see the best doctors in the world to protect your career. Why would you do anything differently on the financial side and leave it up to chance?
This is both a business and financial decision, and you need to surround yourself with the most qualified people so that you can maximize your opportunity.
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Optimizing Your Taxes with an Individual 401(k) | Aaron Goldberg & Zach Miller | PGA Players' Series #4
Should You Set Up an LLC as a Pro Golfer? | Aaron Goldberg & Erik Averill | PGA Players' Series #3
The Most Important Off-Season Financial Moves | Aaron Goldberg | PGA Players' Series #2
The Unique Financial Needs of Professional Golfers | PGA Players' Series with Aaron Goldberg and Erik Averill
The Difference Between “Personal Value” vs “Market Value” | Travis Chick, Will McGuffey | MLB Draft Podcast #16
Answering the MLB Draft’s Most Asked Questions | Travis Chick, Will McGuffey | MLB Draft Podcast #15
Blue Jays' C.J. Ebarb on Preparing for the Draft | Will McGuffey, Travis Chick | MLB Draft Series #14
LSU's Coach Cain on What Makes Players Successful | Travis Chick, Will McGuffey | MLB Draft Series #13
Texas A&M’s Justin Seely on Navigating the Draft | Travis Chick, Will McGuffey | MLB Draft Series #12
Financial Advice Before The MLB Draft? The Pros and Cons | MLB Draft Series #11
Advice From A 1st Round Parent | Erik Averill, Travis Chick | MLB Draft Series #10
Adley Rutschman On Going Amateur To Pro | Erik Averill, Travis Chick | MLB Draft Series #9
Bobby Stroupe On Utilizing Downtime To Stay On Your Game | Erik Averill, Travis Chick | MLB Draft Series #8
How Is Your Signing Bonus Taxed? (2021 Update) | Erik Averill, Travis Chick | MLB Draft Series #7
Eric Chenowith On Do I Need Disability Insurance? | Erik Averill, Travis Chick | MLB Draft Series #6
Tyler Beede On Navigating The Draft And Your Baseball Career | Erik Averill, Travis Chick | MLB Draft Series #5
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