Edmonton Oilers owner Peter Pocklington and his good friend Nelson Skalbania have a laugh together at a special event at the Convention Centre in Edmonton Alta., on March 29, 1984. "We intend to vigorously defend our reputation. 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. 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. Unlike other sports, the players themselves get to take the Cup to their hometown and enjoy a day with it. His response, I want to take it back to where it belongs: Montreal.. The Stanley Cup is 124 years old, first being awarded to the Montreal Hockey Club in 1893. In 2010, Pocklingtonpleaded guilty to making false statements under penalty of perjury in bankruptcy court, a felony. (NHL). By the mid-1990s, the Oilers were still losing money and Pocklington expressed an unwillingness to use his other businesses to bankroll his hockey team. This mispelling is another way to tell the Presentation Cup from the Replica Cup. [10] "The Probation Office was crystal clear about the absence of anything resembling probable cause," wrote Judge Margaret McKeown. [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. Coquihalla Highway: How Was This Highway Made And Was It Closed Last Year, Where To Go Hiking Near Montreal? 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. 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. [15], On October 8, 2014, Pocklington was the focus of a media opportunity organized by the Edmonton Oilers Hockey Club to promote the 30-year reunion of the 1984 Stanley Cup championship team. Of course, in 10 years, Peter shocked the world by trading Gretzky to the Los Angeles Kings. The Hockey News. You have entered an incorrect email address! Cadieuxsaid he spent months researching Pocklington's life story, selecting his favourite moments and charting them scene by scene. Six months is a long time, said Edmonton businessman Ed Moroz, who for years was owed hundreds of thousands of dollars by Pocklington. 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. When Cadieux saw a Palm Springs area code appear on his caller ID, he thought it might be a wrong number. "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. Even team names are not safe. The names of players between 1928-29 and 1953-54 are at the Hockey Hall of Fame. Box 500 Station A Toronto, ON Canada, M5W 1E6. In return, says Pocklington in his biography, then-Premier of Alberta Don Getty agreed to give Gainers an interest-free loan of $50million. One of Pocklingtons most controversial decisions was to sell the brightest star of the sport to the Gretzky Los Angeles Kings in August 1988. 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. The costliest celebration was the 2011 Bruins celebration at the MGM Grand at Foxwoods. 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. Joel Cadieux, a Red Deer salesman and father of four, is building a biopic about the maverick businessman out of Lego. 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. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. His name is listed on Jonathan's campaign website. All rights reserved. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. These were eventually returned. Pocklington has been diagnosed with age-related macular degeneration, or AMD. 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. The company has continued to promote its progress as recently as November 2017, when it touted news of a safety certification. But it was his ownership of the . The Montreal Canadiens are the winningest team in Cup history with 24 Stanley Cup victories to their name. While Montreal fans may not forget about the Cup, but two Montreal teams sure did. The man who came to be known as "Peter Puck" bought part ownership of the Edmonton Oilers in 1976. His net worth has been growing significantly in 2021-2022. [15], On July 3, 2015, the Toronto Sun reported that the Ninth U.S. "Losing the Oilers was like having my heart torn out," Pocklington told his biographers. When he was introduced, he received a standing ovation from the 17,000 fans in attendance. The SEC lawsuit contends that from the beginning,Pocklingtonand Eldred took steps to concealwho controlled the startup. Every hockey fan knows what the Stanley Cup is and hopes that their team will bring it home. Hes been a long time, involved resident here in the desert, pretty well respected, involved in a number of foundations," Jonathan said. All information about Peter Pocklington can be found here including videos, news updates, interviews, reviews, and . Pocklington vigorously denied the allegations, insisted he and McNeil had done nothing wrong, and that investors in the mining venture were not being misled. Amy DiPierro covers real estate and business news at The Desert Sun in Palm Springs. Do You Need to Move Your Old Parents to a New House? Pocklington is accused of making false statements in. When handling the Cup, these men always wear white gloves. It was also from Skalbania that Pocklington acquired perhaps the greatest hockey player ever. Thirty years. Pocklington, a high school dropout, for a time was one of the richest men in Canada. In the summer of 2008, one of those suits resulted in raids by U.S. Facebook gives people the. Peter Puck as he was called in his heyday is a larger-than-life story as he made deals you just cant do that anymore, so it makes for great theater in his Lego-based biopic. While two Stanley Cups get the chance to meet people, there are actually three. "You have to figure out what part of history you want to show.". We are committed to raising capital in accordance with existing rules and regulations." "We have worked diligently and honestly with all of our investors and have been conscientious in guiding the company through the necessary regulatory frameworks. 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. The Oilers lineup of stars was the thing of legends Paul Coffey, Jari Kurri, Grant Fuhr, Glenn Anderson, Mark Messier, and on and on. 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. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism . Bob Gaineys name was immortalized as Gainy. [7], By the late 1980s, increasing player salaries led the Oilers to trade Gretzky and other stars, such as Paul Coffey, Mark Messier, Jari Kurri, Glenn Anderson, Kevin Lowe and Grant Fuhr. 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. 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. Some even hope to be able to lift the coveted silver cup above their heads. Former Edmonton Oilers owner Peter Pocklington still owes the Alberta government more than $13 million from an unpaid 1988 loan for a failed meat-packing plant. A PR representative of Nova Oculus, Roger Gillott, replied to requests for comment witha written statement from Pocklington that has also been posted online. At the ceremony, former owner Peter Pocklington gave Gretzky's then-infant daughter Paulina a $25,000 savings bond. In their drunken state, the players forgot about the cup until they sobered up the next day. Los Angeles lawyer David Casselman acts for the creditors, including the Alberta government. These are most of the names from the Dominion Cup. 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. 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. Only one Canadian woman has her name on the cup:Sonia Scurfield, co-owner of the Calgary Flames during their 1988-89 win. He sold the team in 1998 and moved to California four years later. 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. Instead of leaving it, they Xd out his name. While under probation in 2012, he filed a declaration in courtseeking permission to travel to Vienna, Austriafor a medical procedure to treat macular degeneration in his right eye. Oilers fans were upset to say the least with Pocklington's decision. [19][20][21], On December 6, 2013, a report by the CBC stated that the $5,149,316 fine remains unpaid. 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. Marie Greyhounds center Wayne Gretzky to a personal services contract. "[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. He publicly threatened to move the team to Hamilton and Minneapolis, but never made good on the threats. In 1998, after selling the Oilers, Pocklington moved to the U.S. with his wife Eva, and settled in Palm Desert, California. Revolttg.com Review: How to Trade Stock Indices Successfully? Mini Bio (1) 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. 600 people paid . Know How to Create a Good Guest Post, Read to know Vanilla flavouring Facts and Myth, Rex Murphy: 5 Facts About The Canadian Commentator. Itincluded paintings by Andy Warhol, three hockey sticks signed by Wayne Gretzky and pieces of the Berlin Wall. The address is also used on filings with the SEC. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. We reserve the right to close comments at any time. 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. The former Edmonton Oilers owner says he still has the record today. 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. The former Edmonton Oilers owner could face up to 10 years in federal prison. Instead, some 39 percent of the proceeds about $5.5 million went to pay sales commissions alone, according to the lawsuit. He later blasted Pocklington in his 1990 autobiography as being "a cheapskate." And Pocklington who lives in California apparently approves. "I have been told by my physician that further delay will exacerbate the macular degeneration in my eye, and that I may lose vision in my right eye if I wait to receive this medical treatment until after my probation is terminated in November, 2012.". 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. Three U.S. marshals waited patiently at the third-floor entrance, expecting Peter Pocklington to answer the door. He has lived a life of Success and Failure in his pursuit of the perfect deal. He suffered a wound from a police. Learn How rich is He in this year and how He spends money? 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.. The plan of the kidnapper, Petrovi, was to kidnap Eva Pocklington, but she escaped. 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. 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. [2] The kidnapper was caught and Pocklington made a full recovery. 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. In 2020, he was arrested at his Palm Desert home based on allegations he concealed assets during bankruptcy proceedings (Peter claimed to have debts of nearly $20 million and assets of only $2,900). 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}. 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. 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. Outside of the hockey world, Pocklington has often been in the headlines. In Canada, Pocklington grew a business empire that included car dealerships, a meat-packing plantand a Triple-A baseball team. Written by former contributor Casey Bridge and originally published June 16, 2015. 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. Until his prison term begins, he will be under house arrest and must wear an ankle bracelet. 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. A third local man named as a defendant in the lawsuit, Palm Springs-based CPA Terrence J. Walton, declined comment when reached by phone. 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. It literally said, You become what you think, Pocklington told his biographers. The Ballard project took Cadieux four years to complete. He subsequently sent letters to the editors of The Edmonton Sun. However, Pocklington had signed the phenom to a personal services contract. 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. Edmonton in the 1970s was experiencing explosive growth fuelled by an oil boom and several fortunes were made, not only by Pocklington but by the likes of Pat Bowlen, later owner of the National Football League's Denver Broncos. Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. The second was Tomas Holmstrms niece. We will fight to bring the Nova Oculus medical device to market. We talked a little bit about life in Palm Springs and then he had to go. 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. Pocklington is best remembered as the owner of the NHL hockey team Edmonton Oilers from 1975 to 1998. 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. The names have been spelledcorrectly on the replica. He was just 18 years, 2months, and 9 days old when the Detroit Red Wings won the Cup in 1955. Loan repayments were missed and within three years, the Alberta government took over Gainers. In the '80s, Pocklington ran a $1-billion empire consisting of Fidelity Trust Co., meat-packer Gainers Inc., car dealerships, real estate and oil and gas interests. 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. "We do not tell our investors anything their data is not telling us. 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. 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.Pocklington was Forced to sell the Oilers in 1998 and Peter moved to California in 2002. It was less than a year later thatPocklington started The Eye Machine, the SEC alleges. Skalbania bought the Indianapolis Racers in 1978, and signed 17 year old Sault Ste. He started visiting the desert as a guest of President Gerald Ford in the 1980s. Since then, Pocklington has had new business ventures. Its the right thing to do.". 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. Article content. Box 500 Station A Toronto, ON Canada, M5W 1E6. Canadian businessman Peter Pocklington was born on November 18, 1941 in Regina, Saskatchewan as Peter Hugh Pocklington. As new names are added, old rings are removed. Peter Pocklington confessed to lying when he filed for bankruptcy that year. While Pocklington remains a controversial figure in Canada because of the Gretzky trade, he has his fans, too. 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. Peter Pocklington, the controversial former Edmonton Oilers owner, now resides in Palm Desert, California. Mar 11, 2009. The third Cup, known as theReplica Cup is an exact duplicate of the Presentation Cup. Pocklington also became active in Betty Ford Center, serving on its executive and finance committees, according to his oral history interview. 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. Montreal hockey Club in 1893, former owner Peter Pocklington, but she escaped and must wear ankle... Was to kidnap Eva Pocklington, the SEC lawsuit contends that from the Dominion Cup reviews and... For a time was one of Pocklingtons most controversial decisions was to kidnap Eva Pocklington, players! Gretzky Trade, he received a standing ovation from the beginning, Eldred! He sold the team in Cup history with 24 Stanley Cup is an exact duplicate of the kidnapper caught! To where peter pocklington daughter belongs: Montreal introduced, he will be under House arrest and wear. Cups get the chance to meet people, there are actually three to Trade Stock Indices Successfully it! 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