MLB Off-Season Tax Planning

The most common financial mistake we see Major League players make is not taking advantage of all the tax savings strategies available to them. This results in a player paying more taxes than necessary and missing out on years of future growth of the tax savings...

What Qualifies Someone As a Financial Expert?

The problem you face as a professional athlete is not the lack of people willing to extend a helping hand but the number of unqualified advisors soliciting your business. Thanks to the widespread flow of information on the internet it seems that everyone is now a...
Building Your Team of Experts

Building Your Team of Experts

Why do we play the game? The simple answer: to win. If MLB teams did not care about the outcome of the game, they would choose players based on who they liked, who they were friends with, and who they were related to. We all know this would never happen and is why...
Professional Athletes & Money: It’s A Different Ball Game

Professional Athletes & Money: It’s A Different Ball Game

You have heard it said before, you are different than the average individual when it comes to wealth but exactly how? There is the obvious financial difference that your salary as an athlete is far greater than the average individual but that is only the beginning. As...
Urgent MLB Vanguard 401(k) Update

Urgent MLB Vanguard 401(k) Update

  This year is unique in that the total amount of pre-tax and employer contributions to the MLB Vanguard 401(k) Investment Plan could exceed the IRS limit for total contributions in one year. A player who expects to earn a full year of service should contribute...
How To Increase Your Next Paycheck

How To Increase Your Next Paycheck

April 30th marked the first full paycheck players received. Were you surprised by the amount you received? Do you feel like your team is withholding too much in taxes? When you have too much money withheld from your paychecks, you end up giving the government an...