Posts in MLB Players
Selecting the Right Financial Team | Erik Averill, Travis Chick | MLB Draft Podcast

During this episode, we discuss questions such as: What are the unique issues you will face from a financial perspective? When should you begin searching for your financial team? What are the biggest financial mistakes draft families make? What is the difference between a financial advisor and a certified financial planner? What is the difference between a broker/dealer and a registered investment advisor? What are the key questions you should ask while searching for a team to handle your wealth?

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How is Your Signing Bonus Taxed? (2021 Update) | Erik Averill, Travis Chick | MLB Draft Podcast

Are you familiar with how an MLB Draft signing bonus is paid out? It’s not about what you sign for, but about what you keep. Historically, teams have split the gross amount into two equal payments over two years. The most costly mistake? Believing this is non-negotiable. As a player, your ultimate goal is not the gross (before tax) MLB Draft signing bonus amount; rather, it is the net (after-tax) amount. How your signing bonus is structured will have the greatest impact on how much money you receive

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Adley Rutschman On Going Amateur to Pro | Erik Averill, Travis Chick | MLB Draft Podcast

On this week’s episode, Erik and Travis talk with Adley Rutschman, catcher for the Baltimore Orioles. Adley was selected by the Orioles as the first overall selection in the 2019 Major League Baseball draft with the highest signing bonus ever. He joins us this week to discuss his time playing in college for Oregon State University, going into the MLB draft last year and making the transition from amateur to pro.

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Bobby Stroupe on Utilizing Downtime to Stay On Your Game | Erik Averill, Travis Chick | MLB Draft Podcast

This week, Travis and Erik interview Bobby Stroupe, founder and president of Athlete Performance Enhancement Center (APEC). There is a lot of uncertainty for athletes as seasons are indefinitely suspended. Are there ways you should be utilizing this downtime to stay on top of your game – despite some potential difficulty in accessing facilities? In this episode, Bobby, Erik and Travis talk through this question and more.

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