Before the draft, we often hear agents and families say things like:

• I don’t have any money; why should we be talking to financial advisors;
• I don’t want to put the cart before the horse; or
• We will just wait and interview financial advisors after the draft.

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:

• Tax Planning: Taxes are the #1 Destroyer of Wealth; how much will you be paid after taxes; is there a way to structure payments or change contract language to maximize my after-tax draft bonus; are you receiving NIL money now that you need to address?
• Residency Planning: State of Residency can affect your after-tax income significantly; this is an opportunity that is lost if not handled appropriately and contemplated in advance of the draft.
• Financial Planning & Budgeting: Baseball Players are 4x more likely to become bankrupt than the average American; understanding how to avoid becoming part of this statistic by proactively planning from the beginning and not wasting your opportunity.
• Financial Education: The #1 cause of divorce in the United States are financial issues; You need to understand your relationship with money and what it means to you.
• Insurance & Risk Management: Understanding how to protect yourself from liability; do you have the proper auto insurance, umbrella insurance, disability insurance, etc. in place for what your career and life present?
• Estate Planning: Understanding your estate and how to properly manage it; what happens if something were to happen to you; can I protect my privacy by utilizing a trust?
• Real Estate Planning: Purchasing homes, renting out properties both as the owner and the person leasing, and disposing of properties.

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.

What is the difference between amateur and professional baseball? Money.

Overnight, with your name being called in the MLB Draft and the signing of a contract, you instantly transform into a professional.  Even though this might be your first decision based on money, you have been a part of the industry of baseball for years.  Everyone around you has been making monetary decisions about you for years. A few examples include:

• Perfect Game has estimated revenues in excess of $80 million
• Name, Image, and Likeness (NIL) is creeping into the amateur ranks
• MLB is an almost $12 billion dollar industry and they have been spending tens of thousands of dollars to evaluate you
• Agents are making financial decisions about what you are worth to their business and whether you are a good investment

The industry of baseball has been preparing for you, but have you been preparing for the industry of baseball?

With everyone else placing a value on you and trying to maximize their return on investment, do you know how you can maximize your value to yourself, or even where to start?

Whether you have the skillsets or not and whether you are prepared for it, you are now the CEO of a multimillion-dollar business.  As the CEO, you have the responsibility of whether the business of you will succeed or fail.  That is a lot of pressure, but the earlier you recognize this fact, the better you can prepare yourself to handle this responsibility and maximize your opportunity.

One of the most important jobs CEOs have is surrounding themselves with the right team.  As a professional baseball player, you don’t just need to hire a team, you need to hire the right team. 

Your team should consist of:

• Trainers
• Physical Therapists
• Dieticians
• Pitching/Hitting/Fielding Coaches
• Agents
• A Financial Team
• Mental Health Coaches
• Recovery Specialists

A team like this will put you in the best position to be one of the few players that makes it to arbitration and free agency as well as to avoid the 4 times more likelihood of bankruptcy that MLB players face. 

This harsh reality isn’t meant to scare you.  Rather, it is to help educate and prepare you to seize the opportunity in front of you.  Whether you succeed as the CEO of the business of you is dependent on understanding the opportunity in front of you. 

It’s time for you to get to work! 

Welcome to the MLB Draft Podcast, the proven playbook to help you navigate the Draft Process successfully. 

Our goal is to inform you, support you, and help you achieve the greatest amount of success which we define as:

1. Fulfilling your potential to become the best MLB player and;
2. Maximizing the financial opportunity that is a byproduct of achieving #1

The challenge: Winning is not guaranteed. 

History is littered with "can't miss" players who never made it and volumes of athletes experiencing financial ruin. 

The good news is the results are mainly in your control. If you follow this playbook, you will win.

What's at stake?

Scouts, agents, showcases & NIL. You are now a part of an $11 billion industry. 

Everyone you interact with is making a business decision. So are you. 

The only question is: how confident are you that you are making the right decisions?

Why Listen to Us?

We are former players who have personally walked this path and now guide the best players in the game. This is our business.

• 100+ MLB players represented by 29 different agencies
• MLB clients' earnings of $3,000,000,000+
• 58 1st-Round Draft Picks
• Multiple 1sts Overall Draft Picks

Download your FREE copy of our book: MLB Draft Handbook

Schedule a time to talk