It's hard to encapsulate the excitement surrounding the MLB Draft. Years of hard work, sacrifice, and dedication all point to this one day of becoming a pro. However, it can be hard to figure out how to navigate the process. The MLB Draft podcast is the only podcast dedicated to preparing athletes entering the MLB draft, and includes interviews from some of the top athletes in the MLB, how to build your team of experts, and how to prepare for draft day.
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Pro Baseball Finance Podcasts
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The Difference Between Tax Planning & Tax Filing | MLB Draft #10
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Taxes are one of the biggest destroyers of wealth. Misconceptions about taxes are everywhere, and you often hear many of them daily. Below are a few examples we often hear: Getting a large tax refund is always a good thing My CPA did a good job if I got a bigger tax refund April 15th is the most important date in the tax world “Tax Planning” and “T…
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Understanding The “Net Signing Bonus” And Its Importance | MLB Draft #9
11:30
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MLB teams will be interested in your gross signing bonus. Your agent will be paid based on your gross signing bonus. You should be focused on your NET SIGNING BONUS. Your net signing bonus is what you will have in your pocket after taxes. This is the amount of money that you will be able to invest in your career, grow your wealth, and spend on the …
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Advice From A 1st Round Parent | MLB Draft #8
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On this week’s episode, we’re honored to be joined by Todd Seigler, father of Anthony Seigler – a first-round draft pick with the New York Yankees. We get to hear from Todd on what the draft process was like from the perspective of family members and in working through these areas together as a family. As a parent going through the draft process, i…
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When Should You Hire A Financial Team | MLB Draft #7
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Do you know when to start looking to hire a financial team? The easy answer is: “As soon as you are making financial decisions, and as soon as you have done the research to know who to hire.” Easy enough right, but unfortunately most people have boiled down financial decisions into choosing investments. It is not uncommon to think that financial ad…
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Adley Rutschman on Going Amateur to Pro | MLB Draft #6
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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 M…
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How Do I Prepare to Make the Decision to Sign or Not | MLB Draft #5
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Going into the MLB Draft, there are a lot of questions that will be asked, but at the end of the day, the only question that matters is the question of whether or not you will sign. How do I make this decision? As the owner of your career and life, you should prepare for the MLB Draft like the CEO of a company would. To make the right decision, CEO…
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Hiring the Right Financial Team | MLB Draft #4
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What should I look for when interviewing financial teams? The financial team you hire should be Independent, Integrated, and Individualized. If they aren’t, you are putting your financial security at risk. Independent –The first question to ask a financial advisor is if they must always work under a fiduciary standard. The fiduciary standard means …
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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: Fulfilling your potential to become the best MLB player and; Maximizing the financial opportunity that is a byproduct of achieving …
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The Difference Between “Personal Value” vs “Market Value” | Travis Chick, Will McGuffey | MLB Draft Podcast #16
33:25
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“What is your number?” is one of the most frequently asked questions to a player as the MLB draft approaches every summer. MLB teams want to know it, your agent wants to know it, the coaches at the college you are attending or committed to want to know it, but what is it and how do you calculate it? With everyone asking what this number is, how sho…
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Answering the MLB Draft’s Most Asked Questions | Travis Chick, Will McGuffey | MLB Draft Podcast #15
35:22
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It’s April and the MLB Draft is starting to change from a possibility to a reality. What are some of the most common questions that prospects and their families start asking their financial teams at this point in the year as they prepare to make their big draft decision? What are some nuances that most people are missing heading into July? From the…
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Blue Jays' C.J. Ebarb on Preparing for the Draft | Will McGuffey, Travis Chick | MLB Draft Podcast #14
39:21
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39:21
We continue our MLB Draft Podcast series as we sit down with the Toronto Blue Jays Midwest Crosschecker C.J. Ebarb. In this episode, C.J. pulls back the curtain to give players and their families valuable insight on the scouting process through the eyes of an MLB organization leading up to the MLB Draft, as well as what makes players successful onc…
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LSU's Coach Cain on What Makes Players Successful | Travis Chick, Will McGuffey | MLB Draft Podcast #13
47:56
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We continue our MLB Draft Podcast with another installment of our College Coaching Series as we sit down with Louisiana State University Recruiting Coordinator Nolan Cain. In this episode, Coach Cain sharesexperiences and stories as both a player and coach at LSU and in professional baseball, as well as other advice gleaned from teammates and playe…
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Texas A&M’s Justin Seely on Navigating the Draft | Travis Chick, Will McGuffey | MLB Draft Podcast #12
38:51
38:51
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Seeking qualified advice is the best way to remove emotion from the upcoming business decision you will be faced with when deciding to sign with the MLB team that ultimately drafts you. In this episode we sit down with Texas A&M University Recruiting Coordinator Justin Seely who shares experiences and lessons from players and families who have gone…
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Financial Advice Before The MLB Draft? The Pros and Cons | MLB Draft Podcast #11
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Due to COVID-19, no matter what MLB draftees sign for – the maximum amount they will receive in the first calendar year is $100,000. So, do you need a financial advisor? After taxes and agent fees there can be as little as $30,000 left which will be used to live on. Nothing really left to invest. Seems like hiring a financial advisor can wait until…
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Advice From A 1st Round Parent | Erik Averill, Travis Chick | MLB Draft Podcast #10
58:49
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On this week’s episode, we’re honored to be joined by Todd Seigler, father of Anthony Seigler – first round draft pick with the New York Yankees. We get to hear from Todd on what the draft process was like from the perspective of family members and in working through these areas together as a family. As a parent going through the draft process, it …
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Adley Rutschman On Going Amateur To Pro | Erik Averill, Travis Chick | MLB Draft Podcast #9
36:47
36:47
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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 in baseball history. He joins us this week to discuss his time playing in college for Oregon State University, g…
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Bobby Stroupe On Utilizing Downtime To Stay On Your Game | Erik Averill, Travis Chick | MLB Draft Podcast #8
28:23
28:23
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28:23
This week, Travis and Erik interview Bobby Stroupe, founder and president of Athlete Performance Enhancement Center (APEC). Bobby and his team started APEC in 2005 and it has grown over the years to become one of the most trusted sources for athletic performance improvement including accolades from and work with Nike. Bobby and APEC have trained so…
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How Is Your Signing Bonus Taxed? (2020 Update) | Erik Averill, Travis Chick | MLB Draft Podcast #7
19:24
19:24
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19:24
Are you familiar with the changes to how an MLB Draft signing bonus is paid out? Historically, teams have split the gross amount into two equal payments over two years, but due to COVID-19 have recently made some important changes that you need to know. As a player, your ultimate goal is not the gross (before tax) MLB Draft signing bonus amount; ra…
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Eric Chenowith On Do I Need Disability Insurance? | Erik Averill, Travis Chick | MLB Draft Podcast #6
29:31
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You probably didn’t think we would be talking about disability insurance, right? So, do you need coverage? The answer varies for every individual. We are joined this week by former NBA player and current owner of Leverage, a disability and life insurance firm. In this episode, we discuss questions like: As a high school draft prospect, is disabilit…
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Tyler Beede On Navigating The Draft And Your Baseball Career | Erik Averill, Travis Chick | MLB Draft Podcast #5
36:52
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On this week’s episode of the MLB Draft Podcast by AWM Capital, we’re joined by Tyler Beede – pitcher for the San Francisco Giants. Tyler had the unique opportunity of being a 1st round draft pick two separate times. He turned down the first opportunity to pursue college at Vanderbilt and further hone his skills. He discusses playing at the collegi…
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Selecting The Right Financial Team | Erik Averill, Travis Chick | MLB Draft Podcast #4
31:04
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31:04
Last time, we discussed how to find a sports agent who has the expertise and experience for your situation that can advocate for you in contract negotiations and representation. This week, we continue the conversation to help you finish building out a trusted team that can help you navigate the biggest financial decision of your life by finding the…
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Selecting The Right Sports Agent | Erik Averill, Travis Chick | MLB Draft Podcast #3
31:38
31:38
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How confident are you that you chose the right agent? In a $10 billion industry, it brings a host of characters that want a piece of your business. It can be difficult to know who are the people that have the expertise and the experience to help you. Too often, the only advice you receive is to do your due diligence. But that assumes you know what …
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What's My Number? | Erik Averill, Travis Chick | MLB Draft Podcast #2
19:09
19:09
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Should you sign a professional contract or head to campus? This is the decision every high school or college player with eligibility will make this upcoming June. This looming decision will have a dramatic impact on the trajectory of your baseball career and life. How prepared and confident are you that you would make the right decision? Many facto…
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The Draft Opportunity | Erik Averill, Travis Chick | MLB Draft Podcast #1
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In this episode, we breakdown the incredible opportunity an amateur player has to become a professional baseball player. We detail what's the probability, the career trajectory, and pathway to navigate the MLB Draft process successfully. It's hard to encapsulate the excitement surrounding the upcoming MLB Draft. Years of hard work, sacrifice, and d…
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