Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. According to his biography, he offered a diamond ring his wife was wearing to dinner as his downpayment. By the time Pocklington was 25, he owned his first car dealership, Westown Ford in Tilbury, Ontario. In fact, during the 1962 playoffs, a Canadiens fan named Ken Kilander tried to steal the Cup and just walk out of the door with it. Of the two dozen engraving errors that appear on the Stanley Cup all but one are spelling errors. The former Edmonton Oilers owner wont be able to declare bankruptcy while his case is in court. The company kicked things off with theannouncement of a licensing deal to market a non-invasive treatment for macular degeneration. In 2010, he was convicted of committing perjury during his personal bankruptcy. Eva PocklingtonDTR Holdings, Cobra Chemical and Gold Star Resources are each named as relief defendants in the SEC lawsuit, a status granted to people accused of receiving ill-gotten gains as a result of illegal actions taken by other named defendants. I would just simply say, Peter, you are going to have a long time to think about whether this was worth it, for your whole life screwing people.. Several years later, the 1924 Canadiens forgot it on the side of the road. He earned the enmity of many Canadians when he traded hockey's greatest player, Wayne Gretzky, to the Los Angeles Kings. Pocklington is the ex-owner of the Oilers hockey team and a convicted felon. Peter Pocklington's net worth In2013, Pocklingtonwas ordered to pay $5.1 million restitution in a securities fraud case related to a gold mining claim in Arizona. Pocklington has been diagnosed with age-related macular degeneration, or AMD. 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. Stanley has been all over the world even to Afghanistan all accompanied by its keeper, of course. 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. According to a sentencing submission filed with the court, and obtained by CBC News, Eva Pocklington underwent surgery earlier this month to have a pacemaker installed. The book's title was inspired by Pocklington's ongoing conviction the Gretzky trade was the right deal at the right time and had a positive impact on all parties concerned: the Oilers, the Kings, Gretzky and the game itself. 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}. Since the Devils won the cup again in 2003, the Hall of Fame has been keeping a journal of Stanleys travels. 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. [2], In May 2012, Pocklington announced his family was auctioning memorabilia from his time as owner of the Oilers, including his rings from their Stanley Cup championships. And every time we won a Stanley Cup the guys would present President Ford with his Stanley Cup ring and so hes got five Stanley Cup rings in the safe somewhere.. It literally said, You become what you think, Pocklington told his biographers. He first owned a steakhouse; then he made a fortune in selling cars; then he owned the new Edmonton Oilers on the cusp of them becoming an NHL team becoming one of the wealthiest men in Canada for a time. For Cadieux an avid Oilers fan creating the Lego dioramas is an art form and Pocklington's dramatic life as "Peter Puck" is the perfect inspiration. Discover Peter Pocklington's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. Of course, that is not to say that others wear the gloves, or that the Cup has always remained under the eye of its supervisors. Some even hope to be able to lift the coveted silver cup above their heads. Moroz said he was sorry not to have to have been in California to see Pocklington sentenced. This would not have been memorable had they not forgotten the Cup on the side of the road. Peter Pocklington, owner of the 1983-84 Oilers tried to put his fathers name on the Cup and was caught. 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. 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. [8], Pocklington operated the team on a line of credit, paying 19% interest to the Alberta Treasury Branches (ATB). "Losing the Oilers was like having my heart torn out," Pocklington told his biographers. In 2002, he became an investor in GolfGear International, a golf club manufacturer, moving the company to Rancho Mirage to be closer to the valley's many fairways. We will fight to bring the Nova Oculus medical device to market. Pocklington was instead sentenced to house arrest and two years probation. It was also from Skalbania that Pocklington acquired perhaps the greatest hockey player ever. Most hockey fans know that Lord Stanley of Preston purchased the Cup and that every year one team wins it and now gets to take it back to their hometowns. He has created 100 scenes of Pocklington's time with the Oilers and is sharing a photograph of a new scene each day on social media. While a lower court had retroactively revoked Peter Pocklington's probation on a perjury conviction and sentenced him to six months in prison, the Ninth U.S. The original is held in the Vault Room at the Hockey Hall of Fame. Adversity is a great teacher and makes those who strive to overcome it better people. The Ageless Foundation and its founder, Naomi Balcombe,won a court order in July 2008 toraid Pocklington'sIndian Wells home and strip him of56 pieces of artwork located there. Eldred is also a trustee of the Palm Springs Art Museum. When Haek tried to take the cup for a swim, Pritchard demanded that he dry off the Cup and give it back, endingHaeks day early. Peter Pocklington, ex-Edmonton Oilers owner, gets jail time | CBC News Loaded. The man who came to be known as "Peter Puck" bought part ownership of the Edmonton Oilers in 1976. His sentence included probation, community service hours and a $3,000 fine, according to the SEC lawsuit. Pocklington was also taken hostage by a gunman who broke into his home. Storm updates: Hail in Palm Springs; wettest day since March 2020, Your California Privacy Rights / Privacy Policy. You have entered an incorrect email address! Peter Pocklingtons income source is mostly from being a successful Actor. His remaining business empire was sold off piece by piece, including the Oilers and Trappers and Cambra Foods. Pocklington invested in several businesses in the U.S., including the nutraceutical maker Naturade, and golf club manufacturers Golf Gear and Sonartec. Do You Need to Move Your Old Parents to a New House? Because of the West's dry, cold climate, the cars, many of them 25 to 40 years old, were in better shape than comparable vehicles that had been driven on Ontario's salted roads. Cutting his teeth in the steakhouse business, he made his fortune in auto sales before buying a stake in Edmonton's fledgling NHL team. And Pocklington who lives in California apparently approves. [23] However, he received a standing ovation from fans in attendance. Pocklingtons life experiences were extensively documented in the 2009 biography, Id Trade Him Again: On Gretzky, Politics and the Pursuit of the Perfect Deal, written by Terry McConnell and Jlyn Nye. The company as well as its Coachella Valley-based founders are nowamong the targets of a Securities & Exchange Commission lawsuit made public last week. He sold the team in 1998 and moved to California four years later. He started visiting the desert as a guest of President Gerald Ford in the 1980s. We will update Peter Pocklington's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. or 15.5kgs. 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. They managed to rack up a$156,679.74 tab at the bar that was partially helped by a $100,000 bottle of champagne. The difference between the two sumsdid not go unnoticed in court. Oilers fans were upset to say the least with Pocklington's decision. Being cooped up in the house during the pandemic inspired him to tackle a new project. Finally, the SEC argues that Eye Machine violated securities law by failing to tell investors that Pocklington and a sales agent hired by the company had a history of violations. 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. The first was Sylvain Lefebvre's daughter, who . His net worth has been growing significantly in 2021-2022. One of Pocklingtons most controversial decisions was to sell the brightest star of the sport to the Gretzky Los Angeles Kings in August 1988. Pocklington is best remembered as the owner of the NHL hockey team Edmonton Oilers from 1975 to 1998. Loan repayments were missed and within three years, the Alberta government took over Gainers. "The deals that he made and the things that they did, you just can't do that anymore, so it makes for great theatre. On August 9, 1988, Pocklington shocked hockey fans by trading Gretzky to the Los Angeles Kings for Jimmy Carson, Martin Glinas, $15 million cash, and the Kings' first-round draft picks in 1989, 1991 and 1993. As such, I am my wifes primary caregiver, Pocklington stated in an affidavit. According to the Edmonton Journal, this was the second time the rings were put up for auction. The second was Tomas Holmstrms niece. Hes been a long time, involved resident here in the desert, pretty well respected, involved in a number of foundations," Jonathan said. 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. "We have worked diligently and honestly with all of our investors and have been conscientious in guiding the company through the necessary regulatory frameworks. Only 52 names get to be on the cup, and those names have to actually be members of the team although someexceptions have been made. If youre into visuals then check out this infographic that is all about Stanley. His name is listed on Jonathan's campaign website. ", Peter loved to see if he could motivate 99 to put up crooked numbers on the score sheet by offering cash bets to 99 before games. Palm Springs, Ca: Currently Peter Pocklington is a Retired Investor, Entrepreneur and Business Visionary. [16][17], In April 2012, investigators with the Arizona Corporation Commission alleged Pocklington and an associate, John McNeil, had engaged in securities fraud related to Crystal Pistol Resources LLC and Liberty Bell Resources 1, LLC. Cadieuxsaid he spent months researching Pocklington's life story, selecting his favourite moments and charting them scene by scene. 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. For the rest of you, heres some new knowledge for you to dole out next time you converse about the chalice. The bankruptcy estate trustee and Eva Pocklington compileda list of belongings to be divided between them. Those who know me also know that throughout my life, I have encountered and successfully overcome much adversity. As new names are added, old rings are removed. However, Pocklington had signed the phenom to a personal services contract. Under his ownership, the Oilers won five Stanley Cups in the 1980s. The FBI arrested Pocklington on the morning of March 11, 2009, at his new home in The Lakes Country Club, The Desert Sun reported at the time. Since then, Pocklington has had new business ventures. Pocklington owes the government more than $13 million from an unpaid 1988 loan to his meatpacking business. The costliest celebration was the 2011 Bruins celebration at the MGM Grand at Foxwoods. ". CBC's Journalistic Standards and Practices. They started giving it to each player and front office member for a day. The ATB refused and instead called his loan. 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. Basil Pocklington was the only name that was covered until November 2021, when the Hall of Fame struck the name of 200910 Chicago Blackhawks video coach Brad Aldrich due to sexual assault charges during that season.[6]. On 9 August 1988, Pocklington sold Gretzky, Marty McSorley, and Mike Krushelnyski to Los Angeles Kings owner Bruce McNall for Jimmy Carson, Martin Gelinas, $15 million cash, and the Kings' first-round picks in 1989, 1991, and 1993. They won it five years in a row between 1956 and 1960. He was 46 years, 6 months when he won the cup with Detroit in 2008.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-3','ezslot_19',832,'0','0'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-3','ezslot_20',832,'0','1'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-3-0_1');.leader-3-multi-832{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}. Over the next 18 years, Pocklington also owned the Edmonton Trappers of baseball's Pacific Coast League, the Edmonton Drillers of the North American Soccer League and the National Professional Soccer League, the Edmonton Brick Men of the Canadian Soccer League, and the Kamloops Junior Oilers of the Western Hockey League. Unlike other sports, the players themselves get to take the Cup to their hometown and enjoy a day with it. ", 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.". But what about little-known facts. The former Edmonton Oilers owner says he still has the record today. 1971-72 New York Rangers: We Did It All Except Win, NHL Trade Bait List for the 2023 NHL Trade Deadline, Predators Trade Mattias Ekholm to Oilers for Big Return, Maple Leafs Trade Engvall to the Islanders, Wild Acquire Nyquist From Blue Jackets for a Draft Pick, Maple Leafs Acquire Schenn From the Canucks, Grading Rangers Blockbuster Trade for Patrick Kane, Wild Acquire Johansson From Capitals for a Draft Pick, Panthers Knight Getting Help Should Get Career Back on Track, Sabres Need to Make a Trade to Overcome Alex Tuch Injury, Islanders Depth Issues Coming to Surface Due to Injuries, Maple Leafs Cap Situation Indicates Dubas Isnt Done Yet, Ducks News & Rumors: Gibson, Zegras & More. The players actually get the Cup for a day. Henri Richard, brother of Maurice Richard, has his name on the Cup 11 times as a player. 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 NHL did not check the validity of the names on the list, and the Cup was engraved as usual. He is also a Canadian entrepreneur and a strong supporter of free-market capitalism. A California judge sentenced former Edmonton Oilers owner Peter Pocklington to six months in prison followed by a further six months' house arrest for breaching his probation on a previous. The lawsuit names three desert residents: Peter Pocklington, Lantson Eldred and Terrence Walton. Peter Pocklington, the former owner of the Edmonton Oilers, arrives at U.S. District Court for sentencing on perjury charges in October of 2010 Reed Saxon/The Associated Press Comments Former. We recommend you to check the complete list of Famous People born on 18 November. "Peter not only donated over one million dollars and named one of the patient halls in honor of his wife Eva, but he freely gave of his time and business advice," Schwarzlose wrote. [January 2012]. Finartmedia.com review: How to choose a trading platform online? The next month, Pocklington declared personal bankruptcy, with assets totaling $2,900 anddebts inexcess of $19 million. That lineup went off the rails and blew up when Pocklington acquired the magnificent young star Wayne Gretzky to the team in 1979. His response, I want to take it back to where it belongs: Montreal.. The Cup has come a long way since then. Pocklington also became active in Betty Ford Center, serving on its executive and finance committees, according to his oral history interview. Revolttg.com Review: How to Trade Stock Indices Successfully? Outside of the hockey world, Pocklington has often been in the headlines. NHL By Sean Keeley on July 19, 2018 When the Edmonton Oilers traded Wayne Gretzky to the Los Angeles Kings in 1988, many people thought owner Peter Pocklington must have been high. He suffered a wound from a police. They each made a full recovery and Petrovi served five years in an Alberta prison before he was released and returned to Yugoslavia. There is debate as to whether Gretzky "jumped" or was "pushed". Pocklington was born in Regina, Saskatchewan, to Basil Cohen Pocklington, an insurance executive who had immigrated from England as a young man, and his wife, Eileen (Dempsey), and grew up in London, Ontario.[1]. Among the group of players: a young Wayne Gretzky. Coming in at 34.5-pounds and standing at 35.25 inches it is truly something that you have to lift above your head. [10] "The Probation Office was crystal clear about the absence of anything resembling probable cause," wrote Judge Margaret McKeown. True hockey fans will be the first to say that their sport has the best trophy. Neither Pocklington nor Eldred agreed to an interview for this story. If you haven't read the riveting book, I'd Trade Him Again, now is the time to pick up your copy to find out more about this Peter Pocklington's rising-from-the-ashes story. In the fall of 1978, Skalbania offered Pocklington the rights to a 17-year-old phenom Wayne Gretzky. 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. The province lost $89million on the venture in the four years it operated Gainersmore than double the rate of loss in Pocklington's last few years at the helmand eventually sold the company for 1/20 of the price Pocklington paid for it 11 years earlier. Only one Canadian woman has her name on the cup:Sonia Scurfield, co-owner of the Calgary Flames during their 1988-89 win. Circuit Court of Appeals had reversed the ruling. 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. The other two people in the house were released, leaving Pocklington, who was with the gunman for 11 hours while he negotiated a $2million ransom. All information about Peter Pocklington can be found here including videos, news updates, interviews, reviews, and . An unpaid 1988 loan to his meatpacking business not check the complete list belongings. And golf club manufacturers golf Gear and Sonartec like having my heart torn out, Pocklington... 'S decision the lawsuit names three desert residents: Peter Pocklington is remembered... Me also know that throughout my life, I am my wifes primary caregiver, declared. 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