It was quite the conversation. Payments to DTR Holdings, LLC, a company ostensibly managed by Eva Pocklington - $164,295, Cash payments to Eva Pocklington - $127,771, Payments to Cobra Chemical, LLC, a company managed by Eldred - $99,475, Payments to Eva Pocklingtons personal credit card - $90,863, Payments to Gold Star Resources, LLC, a company managed by Eldred - $68,446, The Pocklingtons health insurance and fitness - $55,803, The Pocklingtons personal legal expenses - $50,663, Charitable and political donations - $14,351, Retail purchases, including furniture and clothing - $4,123. The larger-than-life story of Peter Pocklington, the infamous former owner of the Edmonton Oilers, is being recreated on the smallest of scales. Pocklington.". The former Edmonton Oilers owner wont be able to declare bankruptcy while his case is in court. Discover Peter Pocklington's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Chris Chelios was the oldest player to win the Cup. "You have to figure out what part of history you want to show.". The man who came to be known as "Peter Puck" bought part ownership of the Edmonton Oilers in 1976. The title of the book was inspired by Pocklingtons continued belief that the Gretzky trade was the right business at the right time and had a positive impact on all parties involved: the Oilers, Kings, Gretzky, and the game itself. In March 2009, Pocklington was indicted for bankruptcy fraud. But Pocklington was in the shower. The 1980-81 Islanders are the Ilanders and the 1971-72 Boston Bruins are Bqstqn Bruins. They had gotten a flat tire and took the Cup out of the car to change the tire. Pocklington owes the government more than $13 million from an unpaid 1988 loan to his meatpacking business. The Sun published the letter of thanks intact on October 14, 2014.[24]. He is from Canada. Comments are welcome while open. The team realized it was missing andhad to go back and get it. The Wanderers, as it so happens, are one of only two teams to have their names engraved on the original bowl of the Cup. [January 2012]. The team's success, however, could not offset its owner's financial woes. Jonathan said he has known Eldred as an attorney for years and was not aware that he was involved with a medical device startup. "They said, 'Take it or leave it,'" Pocklington told his biographers. "Losing the Oilers was like having my heart torn out," Pocklington told his biographers. The Stanley Cup is 124 years old, first being awarded to the Montreal Hockey Club in 1893. Gretzky was with the Racers for only 8 games when, on the advice of Glen Sather, Pocklington bought him and two other players for $700,000. In this article, we discuss what happened to Peter Pocklington using 4 key points from his life. Peter Pocklington confessed to lying when he filed for bankruptcy that year. Some try to get around the rules. Under his ownership, the Oilers won five Stanley Cups in the 1980s. Founded in 2009, The Hockey Writers is a premier destination for news and information on everything hockey. Together,Eldred and Pocklingtonalso misled Eye Machine investors about how their money would be spent, according to the SEC lawsuit, pocketing $680,000 for themselves, awarding hefty sales commissions to agents that solicited investors and breaking securities registration rules along the way. "But if you ask me to do something in Lego, for some reason, it comes natural. "[14], On December 6, 2013, the CBC reported Pocklington would appeal his sentence, had been released on $100,000 bail and would not be reporting to prison as ordered. In vacating Judge Phillips' original order, "The district court lacked jurisdiction to extend Pocklingtons probation beyond its October 26, 2012, expiration date," the appeal court panel said in a written judgment. Four years into the deal, a group of GolfGear shareholders sued Pocklington, accusing himof using the business to enrich himself. Skalbania bought the Indianapolis Racers in 1978, and signed 17 year old Sault Ste. As such, I am my wifes primary caregiver, Pocklington stated in an affidavit. In a new biography about the one-time Edmonton Oilers owner, "I'd Trade Him Again," Pocklington recalls a deal he almost made where the Leafs and Oilers would have swapped cities. This is the Official Youtube Channel for Public Figure Peter Pocklington. And Pocklington who lives in California apparently approves. We have estimated Bush. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. Some even hope to be able to lift the coveted silver cup above their heads. Peter Pocklington, the controversial former Edmonton Oilers owner, now resides in Palm Desert, California. Speaking in his own defence, Pocklington told the court he was a good man, with a good heart who had given large amounts of money to charity. Pocklington is the ex-owner of the Oilers hockey team and a convicted felon. Three U.S. marshals waited patiently at the third-floor entrance, expecting Peter Pocklington to answer the door. Under the rules, Gretzky was not eligible to be protected. The Oilers lineup of stars was the thing of legends Paul Coffey, Jari Kurri, Grant Fuhr, Glenn Anderson, Mark Messier, and on and on. NHL executives, via the Hockey Hall of Fame, had the engraver strike out the name of the senior Pocklington by engraving a series of Xs over his name. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. The first woman was Marguerite Norris, who was president of the Detroit Red Wings in 1954-55. Instead, some 39 percent of the proceeds about $5.5 million went to pay sales commissions alone, according to the lawsuit. [2] Crippled with a debt-servicing cost it did not anticipate and handicapped by inflated production costs created by the marketing board, Gainers immediately began to drown in debt. by A.A. Cristi Jul.. Loan repayments were missed and within three years, the Alberta government took over Gainers. In the summer of 2008, one of those suits resulted in raids by U.S. For the rest of you, heres some new knowledge for you to dole out next time you converse about the chalice. But it was his ownership of the . "Obviously, there's so much more to the story that you can't tell," Cadieux said. For five years, Jacques Plantes name was spelled differently. RCMP allege an officer from their Banff detachment was pulling over a driver in Canmore, Alta., late Friday when the lone occupant of the vehicle and the . However, he would later admit the trade to be a difficult and regrettable decision, but nevertheless a vital transaction to keep the team financially afloat. The NHL did not check the validity of the names on the list, and the Cup was engraved as usual. These are most of the names from the Dominion Cup. Two babies have been baptized in the Cup. It was when Dominic Haek won the Cup in 2002 that Phil Pritchard finally had enough of swimming with Stanley. Pocklington was instead sentenced to house arrest and two years probation. Pseudonyms will no longer be permitted. He started visiting the desert as a guest of President Gerald Ford in the 1980s. Peter Pocklington pleads guilty to perjury in bid to avoid jail time The Canadian Press May 24, 2010 The Hockey News LOS ANGELES, Calif. - Federal prosecutors in the U.S. say former Edmonton. Please note that CBC does not endorse the opinions expressed in comments. As part of his sentencing submission, Pocklington also submitted 28 letters from schoolchildren, who were part of classes he spoke to as part of the community service component of his previous sentence. Peter Pocklington, owner of the 1983-84 Oilers tried to put his father's name on the Cup and was caught. It was quickly recovered, but took another swim two years later. Pocklington is best remembered as the owner of the NHL hockey team Edmonton Oilers from 1975 to 1998. Save my name, email, and website in this browser for the next time I comment. Having made a fortune in auto dealerships and real estate, high school dropout Peter Pocklington (Peter Hugh Pocklington) was one of the richest men in Canada when he and Nelson K. Skalbania cut a deal in October 1976 at a steak house before a group of reporters. They were ordered to pay $5.1 million in restitution. [23] However, he received a standing ovation from fans in attendance. Coming in at 34.5-pounds and standing at 35.25 inches it is truly something that you have to lift above your head. Audience Relations, CBC P.O. "The Trade," as it is came to be known, so upset Canadians, one lawmaker demanded that the government buy Gretzky's contract so it could be sold to a Canadian team. Mario Lemieux was holding a team party at his house when the old two-niner, Phil Bourque, decided he wanted to see if the Cup could float. I respect the justice system of the United States, and I accept the findings of the District Court. The former Edmonton Oilers owner says he still has the record today. Meanwhile, Pocklington'sbankruptcy case wore on. Six months is a long time, said Edmonton businessman Ed Moroz, who for years was owed hundreds of thousands of dollars by Pocklington. Pocklington's labour dispute with the United Food and Commercial Workers (UFCW) union ended up crippling Gainers, which at the time was Canada's second-largest meat packer. He has been currently residing in Palm Springs enjoying his retirement from a life of success and failure all in the pursuit of the perfect deal. IMDb, the world's most popular and authoritative source for movie TV and celebrity content. The Stanley you see is the same Stanley that Wayne Gretzky and Mario Lemieux have lifted above their heads. (NHL). Instead of leaving it, they Xd out his name. The former Edmonton Oilers owner could face up to 10 years in federal prison. Pocklington filed for bankruptcy in 2008, declaring only $2,900 in assets against more than $19 million in liabilities. Eventually, he agreed to settle the strike and rehire the striking workers at the request of the Alberta government. The SEC also alleges that money investors intended for The Eye Machine instead went to undisclosed and unauthorized expenses, as follows: The transactions include at least onepaymentsigned by the companys CFO, Palm Springs CPA Terrence Walton, who was a signatory on The Eye Machine's bank accounts. He created enemies among thousands of Oilers fans when he traded superstar Wayne Gretzky to Los Angeles in 1988. The names have been spelledcorrectly on the replica. "We have worked diligently and honestly with all of our investors and have been conscientious in guiding the company through the necessary regulatory frameworks. Intro to Peter and his life Puck Boy: The Turbulent Edmontonian Times of Peter Pocklington 929 views Mar 23, 2021 47 Dislike Share Dive In Canada 1.44K subscribers Peter Pocklington has. The assistant U.S district attorney who prosecuted the case had asked for nine months in prison, while Pocklington sought to avoid jail altogether so he could continue to care for his wife of 40 years, who has serious heart problems. Peter Pocklington (Peter Hugh Pocklington) was born on 18 November, 1941 in London, Ontario, Canada, is an Actor. Five years later, the Oilers would win their first of five Stanley Cup championships they would capture under Pocklington's ownership. Peter Pocklington's net worth "Im surprised.. Reach her at amy.dipierro@desertsun.com. Gretzky, who blasted Pocklington in his 1990 autobiography as "a cheapskate", eventually made peace with his former owner, even admitting in "30 for 30: Kings Ransom" that he had given Peter Pocklington no choice but to deal him. Due to the dry and cold climate of the West, the cars, many of which were between 25 and 40 years old, were in better condition than comparable vehicles that had driven on the salty roads of Ontario. The 67-year-old Pocklington was arrested at his Palm Desert home Wednesday on allegations he concealed assets during bankruptcy proceedings. SeaStock24.com Review: Gaining the Best of Forex Market. For one thing, the Stanley Cup goes to the players first, instead of the owners. So, how much is Peter Pocklington worth at the age of 81 years old? "I thought I was bullet-proofuntil I was shot," Pocklington told his biographers. Pocklington made most of his wealth from owning the largest auto dealerships in Canada however that didn't stop him from building his business empire acquiring sports teams, a meat packing company and other business. I do so again now, grateful for the expressions of support I have received from my family, friends and associates. Peter also owned a Rolls Royce Phaeton which had been used in The Great Gatsby (1974), a painting by Maurice Utrillo, and the $150,000 diamond ring off of his wife's finger and now the co-owner of the Edmonton Oilers. Within a year, Pocklington bought out his partner, Nelson Skalbania, who would later own the WHA team in Indianapolis, the Indianapolis Racers. While we would want to think that the official engravers there have only been four in the history of the Cup are perfect, some names have been inscribed incorrectly. Butan investigation byArizona authorities found that Pocklington and his partners had committed state securities fraud. The players actually get the Cup for a day. Heacknowledged his ongoing involvement in the McCallum Theatre Foundation and Palm Springs Art Museum as well as his endorsement of Palm Desert Mayor Sabby Jonathan. The Eye Machine told investors that it expected 28 percent of proceeds from capital raises would be used to pay commissions and other expenses. The only eighth-seed team to ever win the Stanley Cup were the 2012 Los Angeles Kings. According to the Edmonton Journal, this was the second time the rings were put up for auction. But before all that, Peter Pocklington was born in Regina, Saskatchewan to Basil Cohen Pocklington, an insurance executive who immigrated from England as a young man, and his wife, Eileen (Dempsey), and was raised in Ontario. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism . In2013, Pocklingtonwas ordered to pay $5.1 million restitution in a securities fraud case related to a gold mining claim in Arizona. "Concealing Pocklingtons control of Eye Machine enabled Eye Machine, AMC Holdings, Pocklington, and Eldred to conceal Pocklingtons extensive prior record of criminal and regulatory violations from investors," the complaint says. Peter Pocklington was known among North American hockey fans as "Peter Puck", the maverick entrepreneur from oil-rich Alberta who was also the owner of the National Hockey League (NHL)'s Edmonton Oilers. Peter Pocklington was known among North American hockey fans as Peter Puck, the non-conformist entrepreneur from oil-rich Alberta who was also the owner of the Edmonton Oilers of the National Hockey League. Having made a fortune in auto dealerships and real estate, high school dropout Peter Pocklington (Peter Hugh Pocklington) was one of the richest men in Canada when he and Nelson K. Skalbania cut a deal in October 1976 at a steak house before a group of reporters. All information about Peter Pocklington can be found here including videos, news updates, interviews, reviews, and . The photographers mother, not realizing it was the Dominion Cup, decided it would be a good flower pot until the team came back to get it. "The Trade," as it is came to be known, so upset Canadians, one lawmaker demanded that the government buy Gretzky's contract so it could be sold to a Canadian team. But appearances were deceiving,securities investigators allege. In the spring of 1982, during an intruder's botched attempt to kidnap Eva, Pocklington was taken hostage at gunpoint for 11 hours in his mansion in Edmonton. In other years, like during the 1919 Spanish Flu Outbreak and the 2004-05 lockout season, it simply says SEASON NOT PLAYED.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-large-mobile-banner-1','ezslot_11',831,'0','0'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-large-mobile-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-large-mobile-banner-1','ezslot_12',831,'0','1'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-large-mobile-banner-1-0_1');.large-mobile-banner-1-multi-831{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. Pocklington is accused of making false statements in. He hopes his followers will enjoy the work as much as he does. For years, the creditors have alleged he has stashed millions of dollars in the accounts. . The SEC alleges The Eye Machine used. "The SECs announcement was a laundry list of misguided accusations based on unrelated items of dubious interest," Pocklington wrote. The judge in Riverside, Calif,east of Los Angeles, gave Pocklington until Dec. 9 to report to prison, allowing the 71-year-old time to recover from colon-reconstruction surgery scheduled for November. While Peter was in Toronto he met with Maple Leafs owner . The first was when the Penguins won the cup in 1991. Bob Gaineys name was immortalized as Gainy. He campaigned on a platform of free trade with the United States, privatizing government-owned Crown corporations like Air Canada, Petro-Canada and Canadian National Railway, retiring the national debt and implementing a flat tax. Eldred is chairman of theMcCallum Theatre Foundation, the nonprofit that manages gifts and grants on behalf of the theater of the same name in Palm Desert. At first glance, The Eye Machine'spublic facewas Indian Wells attorney Lantson E. Eldred, the SEC claims. That was the 1994-95 New Jersey Devils who made the tradition what we know today. Since Pritchard took over Cup-keeping duties in 1991, the Cup has been able to have some summer fun in a pool on at least three occasions. A book by former Kings owner Bruce McNall quotes Pocklington as saying Gretzky had become impossible to deal with since he began dating Jones, who let it be known that she was not going to live in Edmonton after they got married. Even team names are not safe. It was also from Skalbania that Pocklington acquired perhaps the greatest hockey player ever. The first was Sylvain Lefebvres daughter,who was baptisedafter the Colorado Avalanche won in 1996. Peter Pocklington, owner of the 1983-84 Oilers tried to put his fathers name on the Cup and was caught. "We have done nothing wrong," Pocklington said in the release. , money, salary, income, and assets. When the Oilers, Hartford Whalers, Qubec Nordiques, and Winnipeg Jets were admitted into the NHL for the 1979-1980 season, each team was allowed to keep 2 goalies and 2 skill players. It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges. A Grand Jury found he had failed to report his full assets and income, including two accountsat Palm Desert National Bank. Hedeclared bankruptcy at his biggest holding company,sold the Oilers and shed a $750,000 wine collection, among other assets, according to a 2008 profile in The Globe and Mail. ". Former Edmonton Oilers owner sentenced to jail in California, will also serve house arrest, Peter Pocklington again may face jail time in, CBC's Journalistic Standards and Practices. Pocklington claims he has had only nice things to say about the couple, yet he has repeatedly defended the trade as being a sound business decision that he would not hesitate to make again. He had, however, lost his capital of sympathy by orchestrating the exchange that had sent Wayne Gretzky to the Los Angeles Kings. The current Stanley Cup, which is a replica of the original bowl with with newer bands below,weighs in at 34.5 lbs. He earned the enmity of many Canadians when he traded hockey's greatest player, Wayne Gretzky, to the Los Angeles Kings. Peter also owned a Rolls Royce Phaeton which had been used in The Great Gatsby (1974), a painting by Maurice Utrillo, and the $150,000 diamond ring off of his wife's finger and now the co-owner of the Edmonton Oilers. He sold the team in 1998 and moved to California four years later. When the Oilers, Hartford Whalers, Qubec Nordiques, and Winnipeg Jets were admitted into the NHL for the 1979-1980 season, each team was allowed to keep 2 goalies and 2 skill players. When he was introduced, he received a standing ovation from the 17,000 fans in attendance. Pocklington's life experiences were extensively documented in the 2009 biography, I'd Trade Him Again: On Gretzky, Politics and the Pursuit of the Perfect Deal, written by Terry McConnell and J'lyn Nye. During the union's six-month strike, Pocklington used strikebreakers, primarily from Quebec, to keep the plant operating despite the picket lines, a decision that earned him the enmity of Canada's labour movement. A few months later, Pocklington parlayed the Gretzky signing into a merger between the WHA and the National Hockey League (NHL); with this, the Oilers became members of the NHL. In 2008, Following a bankruptcy claim, the former Edmonton Oilers owner had to be bailed out of jail in California by his former general manager, Glen Sather for 1 million dollars. Circuit Court of Appeals reversed that ruling on appeal. In May, the Arizona Corporation Commission, the equivalent of a provincial security commission in Canada, ordered Pocklington and an associate to pay more than $5 million US tosettle a securities fraud case. Those geologists "boast impeccable reputations and have been conscientious and thorough in their testing", Pocklington wrote in a letter to the Edmonton Journal. ", In 2017, three years after it started courting investors, The Eye Machinedisclosed Pocklington's involvement in an offering memorandum for the first time, the SEC alleges, identifying him only asan "administrator and adviser.". Butfinancial problems followed him into the ritzy country club. Box 500 Station A Toronto, ON Canada, M5W 1E6. But what about little-known facts. He was held ransom in his home, ran unsuccessfully for the leadership of the federal conservative party and has had numerous brushes with the law. Prime interest rates in the early 1980s topped out at 18.5%, a development that sapped the oil boom of its strength, collapsed the real estate market and sank Fidelity Trust in a sea of declining property values. In his excitement, Pocklington decided to pay a unique tribute to his father: he put his dad, Basil Pocklington, on the list of names that would be engraved onto the Stanley Cup. Comments on this story are moderated according to our Submission Guidelines. You have entered an incorrect email address! Outside of the hockey world, Pocklington has often been in the headlines. Among his gifts were $1.5million he helped raise for the Canadian Cystic Fibrosis Foundation; $1million for the Jamie Platz YMCA; $300,000 for the Glen Sather Sports Medicine Clinic at the University of Alberta; $250,000 to establish a free-enterprise chair at the University of Alberta's School of Business; and upwards of $2million for Junior Achievement. He convincingly used that contract to force the league to accept the Oilers, and to prevent Gretzky from being put into the NHL entry draft pool.Supported by future Hall of Famers Jari Kurri, Mark Messier, Glenn Anderson, Paul Coffey, and Grant Fuhr, Gretzky spearheaded the Oilers to 4 Stanley Cups in 5 years. Peter Pocklington confessed to lying when he filed for bankruptcy that year. The Eye Machine lists its mailing address at Lantson's office in Indian Wells, according to business filings in Florida. CBC's Journalistic Standards and Practices. "I just about fell out of my chair," Cadieux recalled. The SEC alleges The Eye Machine used Eldred, a local attorney, as a front man to hide Pocklington's role in the business. "He just expressed that he was excited to see the project. GoldberryCo.com: The Most Reliable Platform to Trade Cryptocurrencies, How to Show Love to Your Partner Without Saying a Word, Sciatica: Effective Ways to Relieve the Pain Symptoms. Pocklingtons business empire eventually exceeded $2 billion in sales; massive real estate holdings throughout Alberta and Ontario; Fidelity Trust, one of Canada's largest trust companies; Palm Dairies, one of the largest retailers of dairy products in Western Canada; Canbra Foods, a canola manufacturer; Magic Pantry, which sold prepared foods that did not require refrigeration; Kretschmar Foods, which serviced restaurants; Green Acre Farms, a chicken-processing company with plants in Texas and Mississippi; and Gainers, an Edmonton-based beef- and pork-packing company. Injured man faces charges following gunfire exchange with RCMP west of Calgary. By 1971, when Pocklington was only 29, he left Ontario and moved west, where he bought Shirley Ford in Edmonton, Alberta. The Hockey News. In addition to defendants in the Coachella Valley, the SEC lawsuit also names three sales agents, two inOrlando, Floridaand one inMission Viejo, Florida. The Oilers' owner did not hesitate to do the deal. Unlike other sports, the players themselves get to take the Cup to their hometown and enjoy a day with it. "[18], On June 4, 2013, a decision rendered by the Arizona Corporations Commission ordered the respondents to pay the commission $5,149,316, and an administrative penalty for $100,000. However, Pocklington had signed the phenom to a personal services contract. Canmore - A 27-year-old man faces charges after a shootout between an officer and a suspect west of Calgary. Box 500 Station A Toronto, ON Canada, M5W 1E6. 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