In an emailed response to questions The Desert Sun sent toNova Oculus representative Roger Gillott, Pocklington confirmed that he is a donor and former board member of the Betty Ford Center and againdenied the SEC's allegations. [11] The court had earlier heard evidence that Pocklington had, over a 19-month period, failed to disclose consulting fees paid to a company controlled by his wife. "I can't draw or paint or do anything like that," he said. "He just expressed that he was excited to see the project. He is from Canada. The company as well as its Coachella Valley-based founders are nowamong the targets of a Securities & Exchange Commission lawsuit made public last week. A Grand Jury found he had failed to report his full assets and income, including two accountsat Palm Desert National Bank. He became full-owner in 1977 when Skalbania decided that the Oilers would not be joining the NHL anytime soon. It is used as a stand-in at the Hall of Fame when the Presentation Cup is not available. But the SEC argues that Pocklington held the real power. The Cup also gets the names of players, coaches, management and staff of the winning team permanently engraved on them. Within a year, Pocklington bought out his partner, Nelson Skalbania, who would later own the WHA team in Indianapolis, the Indianapolis Racers. The Cup was much smaller then and ended up getting kicked directly into Ottawas Rideau Canal. Do You Need to Move Your Old Parents to a New House? This mispelling is another way to tell the Presentation Cup from the Replica Cup. The rings offered in 2008 and again in 2012 have been certified as authentic, he said.[9]. 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 . You may even notice some coaches step back and let their players raise it first. The truth is, we do. Four years ago, Cadieux and his four children constructed 100 intricate scenes tracking the life and times of Harold Ballard, the former owner of the Toronto Maple Leafs. At the ceremony, former owner Peter Pocklington gave Gretzky's then-infant daughter Paulina a $25,000 savings bond. 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. Gainers would give the province 10% of its operating profit every year for the next four years, and repay a conventional mortgage after that. Twelve women have their names on the cup. The Edmonton Oilers for trading Wayne Gretzky (2005), The Puck Talks Here, The amazing life and turbulent times of Peter Pocklington, I'd Trade Him Again: Wayne Gretzky & Peter Pocklington, The Official YouTube Channel for Peter Pocklington, "Lego project depicting story of Peter Pocklington gets seal of approval from former Oilers owner", "Peter H. Pocklington, Former Director at The Betty Ford Center", "Hall of Fame covers Brad Aldrich's name on Stanley Cup", "Gretzky trade was 'no fun,' Pocklington recalls", "Edmonton Oilers history: Investors group completes purchase of NHL franchise from Peter Pocklington, May 5, 1998", "Pocklington Wins Appeal to U.S. Ninth Circuit Court", "United States, Plaintiff-Appellee, v. Peter Hugh Pocklington, Defendant-Appellant", "Peter Pocklington, ex-Edmonton Oilers owner, gets jail time", "Former Edmonton Oilers Owner Peter Pocklington Sentenced To Jail In California", "Peter Pocklington accepts "full responsibility" for his actions", "Former Oilers owner Peter Pocklington avoids prison", "Peter Pocklington wins appeal of probation violation ruling", "Peter Pocklington wins appeal of probation violation ruling in U.S. court", "Peter Pocklington and associate ordered to pay $5-million to settle securities fraud case in Arizona", "Ex-Oilers owner Peter Pocklington settles securities fraud case", "Former Edmonton Oilers owner Peter Pocklington ends legal battle with consent order", "Peter Puck: 'I really don't give a damn what some of the unwashed have to say', "Edmonton Oilers reunion: Standing ovation for Pocklington", "Former Oilers owner Peter Pocklington says thanks to fans and the Oilers organization for the 'spectacular' reunion show", "Ex-Edmonton Oilers owner seeking stem cell research to improve eye-sight", https://en.wikipedia.org/w/index.php?title=Peter_Pocklington&oldid=1141767827, This page was last edited on 26 February 2023, at 18:10. Peter Pocklington, the man who launched the Edmonton Oilers dynasty, then loathed for decades for trading Wayne Gretzky, welled up with tears Friday when he came home to a standing ovation. Four years into the deal, a group of GolfGear shareholders sued Pocklington, accusing himof using the business to enrich himself. As new names are added, old rings are removed. His wife, Eva, and a maid heard the knocking . Obviously, this is not a development I welcome, but I accept full responsibility for my actions and I will willingly comply with each and every condition of my supervised release. We are committed to raising capital in accordance with existing rules and regulations." In 2010, Pocklingtonpleaded guilty to making false statements under penalty of perjury in bankruptcy court, a felony. One of his earliest business ventures was to find old cars on the farms around his maternal grandparents' home in Carberry, Manitoba, buy them for $25, then ship them to Ontario by train, where he sold them for upwards of $500. Pocklington is best remembered as the owner of the NHL hockey team Edmonton Oilers from 1975 to 1998. First, hedabbled in the gold mining business, submitting plans to the Bureau of Land Management to begin a project in Quartzite, Arizona in March 2013. We reserve the right to close comments at any time. Oilers fans were upset to say the least with Pocklington's decision. Canadian businessman Peter Pocklington was born on November 18, 1941 in Regina, Saskatchewan as Peter Hugh Pocklington. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. His probation was also extended by two years. [January 2012]. "There's just something about the little Lego man that people love, and especially when you're doing something about an eccentric owner doing these crazy things. Box 500 Station A Toronto, ON Canada, M5W 1E6. 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. 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. "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. [15], On July 3, 2015, the Toronto Sun reported that the Ninth U.S. "The deals that he made and the things that they did, you just can't do that anymore, so it makes for great theatre. Ford accepted, and it became a tradition for Pocklington to bring his hockey team to visit Ford in Rancho Mirage, where Pocklington remembers the team rented out Wallys Desert Turtle restaurant in Rancho Mirage and attended a cocktail party at Fords home. "They said, 'Take it or leave it,'" Pocklington told his biographers. Written by former contributor Casey Bridge and originally published June 16, 2015. He subsequently sent letters to the editors of The Edmonton Sun. Peter Pocklington confessed to lying when he filed for bankruptcy that year. Pocklingtons dramatic life began when he was a high school dropout, and then shifted around. 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. Pocklington would come to operate several businesses over the next several years, but he has always said owning sports teams gave him the most satisfaction. We talked a little bit about life in Palm Springs and then he had to go. "I thought I was bullet-proofuntil I was shot," Pocklington told his biographers. As such, I am my wifes primary caregiver, Pocklington stated in an affidavit. And it's all illustrated in Lego, people kind of get a kick out of that. On the replica cup, Basil Pocklingtons name does not appear at all. 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. Discover today's celebrity birthdays and explore famous people who share your birthday. "[22] His comment resulted in a social media storm that continued until his appearance at the October 10 Edmonton Oilers 1985 Stanley Cup Reunion at Rexall Place in Edmonton. 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. The names have been spelledcorrectly on the replica. 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. [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. The Stanley Cup is 124 years old, first being awarded to the Montreal Hockey Club in 1893. The former Edmonton Oilers owner could face up to 10 years in federal prison. 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. Jonathan said he has known Eldred as an attorney for years and was not aware that he was involved with a medical device startup. The third Cup, known as theReplica Cup is an exact duplicate of the Presentation Cup. 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]. Until his prison term begins, he will be under house arrest and must wear an ankle bracelet. 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. Only the 1976 to 1979 Canadiens and 1980 to 1984 New York Islanders have four consecutive wins.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-2','ezslot_17',833,'0','0'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-2','ezslot_18',833,'0','1'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-2-0_1');.leader-2-multi-833{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}. The Eye Machine, which also goes by the name Nova Oculus Partners, concealed the true identity of the person at the helm of the company, misappropriated investor funds to pay personal expenses and funneled undisclosed and excessive commissions to their sales agents, the SEC claims in court documents. It literally said, You become what you think, Pocklington told his biographers. The 1998 Detroit Red Wings had a player who was seriously injured in a car accident the year prior and allowed for his name to be placed on the cup. When search suggestions are available use up and down arrows to review and enter to select. The Commission would disburse the funds on a pro-rata basis to investors. Circuit Court of Appeals had reversed the ruling. 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. "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. It was quite the conversation. The NHL allows the winning team to spend 100 off-season days with the Cup, but who was the first to give each player a day with it? 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. "Obviously, there's so much more to the story that you can't tell," Cadieux said. While Peter was in Toronto he met with Maple Leafs owner . He later blasted Pocklington in his 1990 autobiography as being "a cheapskate." 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. or 15.5kgs. It was quickly recovered, but took another swim two years later. His response, I want to take it back to where it belongs: Montreal.. "The SECs announcement was a laundry list of misguided accusations based on unrelated items of dubious interest," Pocklington wrote. Amy DiPierro covers real estate and business news at The Desert Sun in Palm Springs. [8], Pocklington operated the team on a line of credit, paying 19% interest to the Alberta Treasury Branches (ATB). When search suggestions are available use up and down arrows to review and enter to select. A PR representative of Nova Oculus, Roger Gillott, replied to requests for comment witha written statement from Pocklington that has also been posted online. Peter Pocklington confessed to lying when he filed for bankruptcy that year. These videos, shot in the living room of Pocklington's Palm Desert home, were developed as part of a "reputation management" campaign that included accounts on Twitter (@IamPocklington) and Facebook (Peter Hugh Pocklington). 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. "Losing the Oilers was like having my heart torn out," Pocklington told his biographers. So if youre visiting the Hall of Fame during the summer chances are you are going to be seeing the Replica Cup. Audience Relations, CBC P.O. Of the two dozen engraving errors that appear on the Stanley Cup all but one are spelling errors. Being cooped up in the house during the pandemic inspired him to tackle a new project. Unlike other teams, a new trophy is not made every year. Circuit Court of Appeals reversed that ruling on appeal. But Pocklington was in the shower. The first woman was Marguerite Norris, who was president of the Detroit Red Wings in 1954-55. 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. Save my name, email, and website in this browser for the next time I comment. The . Joel Cadieux, a Red Deer salesman and father of . Pocklington vigorously denied the allegations, insisted he and McNeil had done nothing wrong, and that investors in the mining venture were not being misled. 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. The SEC saysthe real person in charge of The Eye Machine was Peter H. Pocklington, a one-time owner of the Edmonton Oilers hockey team. Peter Pocklingtons income source is mostly from being a successful Actor. It was a streamlined cup that would get a new band every year. 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. Memos to would-be investors also mislead investors about where their money was headed, the SEC alleges. When the Cup was recovered it was handed over to Harry Smith, the most responsible man on the 1905 Ottawa team. It was also from Skalbania that Pocklington acquired perhaps the greatest hockey player ever. 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]. 4 x #StanleyCup Champion @nhl@DetroitRedWings @HockeyHallFame pic.twitter.com/KfOKh2cwIT. Under the rules, Gretzky was not eligible to be protected. In the fall of 1978, Skalbania offered Pocklington the rights to a 17-year-old phenom Wayne Gretzky. The costliest celebration was the 2011 Bruins celebration at the MGM Grand at Foxwoods. 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. The former Edmonton Oilers owner says he still has the record today. In his era, the club won the Stanley Cup five times, and the team played superstars like Wayne Gretzky, Jari Kurr and Mark Messier. Stanley has been all over the world even to Afghanistan all accompanied by its keeper, of course. Several years later, the 1924 Canadiens forgot it on the side of the road. He suffered a wound from a police. After this error, the NHL and Hockey Hall of Fame adopted policies to confirm the roster and the relation of the people on the engraving list to the championship team. 5 Quickfire Tips for Improving Your Blackjack Game, FCFmarkets.com Review: Trade Indices and Enhance Profit Margins, Mrktsexpert.com Review: Your Ultimate Solution to Futures Trading. 600 people paid . 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. In 2014, out of an unassumingoffice on Highway 111, a startup called The Eye Machine set out to treat macular degeneration, adisease that clouds its victims'eyes until theyblurto partial blindness. 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. The league. Marie Greyhounds center Wayne Gretzky to a personal services contract. This time endingup at the bottom of Patrick Roys pool. The next month, Pocklington declared personal bankruptcy, with assets totaling $2,900 anddebts inexcess of $19 million. Cutting his teeth in the steakhouse business, he made his fortune in auto sales before buying a stake in Edmonton's fledgling NHL team. The team realized it was missing andhad to go back and get it. 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 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. 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. Discover Peter Pocklington's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Mar 11, 2009. Pocklington is most definitely accused of making false statements in bankruptcy and taking false oaths he filed for personal bankruptcy in 2019 and was also accused of failing to disclose two bank accounts as well as the contents of two storage units. In 1983, Pocklington entered the Progressive Conservative Party of Canada leadership convention. [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. Peter Pocklington, owner of the 1983-84 Oilers tried to put his fathers name on the Cup and was caught. . The bankruptcy estate trustee and Eva Pocklington compileda list of belongings to be divided between them. Pocklington had become a member of the exclusive Vintage Club in Indian Wells in 1990, according to court documents, and later moved therefull-time. He would almost sell the team to then Houston Rockets owner Les Alexander, and the team almost moved there until the team was bought by a locally-based investors group shortly before the team concluded its 1997-98 season in May 1998, which elected to keep them in Edmonton. "We intend to vigorously defend our reputation. The difference between the two sumsdid not go unnoticed in court. And which team forgot they even won the Cup? Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. "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 - Canada's formerly famous celebrity businessman and patriarch of hockey's dynastic Edmonton Oilers - was ordered held behind bars in Riverside . Founded in 2009, The Hockey Writers is a premier destination for news and information on everything hockey. 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 had, however, lost his capital of sympathy by orchestrating the exchange that had sent Wayne Gretzky to the Los Angeles Kings. They were ordered to pay $5.1 million in restitution. Eldred is also a trustee of the Palm Springs Art Museum. [19][20][21], On December 6, 2013, a report by the CBC stated that the $5,149,316 fine remains unpaid. But what about little-known facts. Pocklington invested in several businesses in the U.S., including the nutraceutical maker Naturade, and golf club manufacturers Golf Gear and Sonartec. Article content. However, before the ransom could be paid, police snuck into the house and shot both Petrovi and Pocklington, wounding both men. Finartmedia.com review: How to choose a trading platform online? [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. In the end, Pocklington fell far below his expectations of delegates; one advisor jokingly guessed "99", Gretzky's sweater number, and Pocklington came close in receiving 102 delegates. 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