Pronger reveals that Edmonton-born player was robbed by manager
Chris Springer shares the tough story of Jason Nash and his criminal manager.
The world of sports has always been very difficult for young players to navigate, as the NHL entry contracts they're handed are no joke. These contracts can supply players with life-changing amounts of money, which can be very hard for the players to manage themselves.
Many players will turn to money management companies or advisors to help make sure that this kind of money can set them up for life. Unfortunately these advisors don't always have the player's interest at heart, and there have been many accounts of players getting robbed by their managers. This same story recently came out about Tyson Nash and how he overcame his manager stealing money from him.
Pronger revealed that Nash had 90% of his wealth taken from him over the course of his 7 year career. This would completely ruin anybody, but Nash and his wife kept pushing and turned a terrible situation into a great one.
Nash invested most of his money into a fitness company, proceeding to sell his shares back years later and make an insane profit. This was a great way for the Nashes to get back on their feet, and be more aware of managing their money on their own.
He was then hired as a TV analyst for the Arizona Coyotes, a team that he played for in the NHL. This was a position he really excelled in until the unfortunate departure of the team, due to it being sold. He is remembered by this very sad speech he had in their final minutes as a franchise, cementing him in Coyotes legend.
The story of Tyson and Kathy Nash should always serve as a warning for young players to be aware of their financial standing and not be too trusting of anyone. It's unfortunate that stories like this keep coming out and the league should try and put a program in place to help younger players be financially aware with their decisions.
| POLL | ||
AOUT 3 | 97 ANSWERS Pronger reveals that Edmonton-born player was robbed by manager Do you believe the NHL should instill a program to help young players manage their finances? | ||
| Yes, they should try and help out the players | 82 | 84.5 % |
| No, it's not their responsibility | 15 | 15.5 % |
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