Sports betting has become more accessible than ever, especially for young athletes. While it may seem like harmless entertainment, the reality is that gambling can quickly lead to financial stress, poor decision-making and long-term consequences. This month, we explore the growing impact of sports gambling on athletes, the psychological and financial risks involved, a real world case study, and resources available for those who need support. Click below to read more.

This month’s player spotlight features Jordan Staal, the longtime captain of the Carolina Hurricanes and one of the most respected two-way forwards in the NHL. Drafted second overall by the Pittsburgh Penguins in 2006, Jordan won a Stanley Cup as a rookie before joining the Hurricanes in 2012. Since being named captain 2019, he has been a cornerstone of Carolina's leadership, earning a reputation for his defensive excellence and faceoff ability. Most recently, Jordan led the Hurricanes to the 2026 Stanley Cup Championships, delivering one of the most memorable playoff performances and capturing the Conn Smythe trophy as playoff MVP. Click the link below to read Jordan's message back to the Caniacs.

Ahead of NHL draft, Matthew Bacchiochi talks HNW planning, insurance needs and the perils of gambling - Elite rookie hockey players – such as the ones eligible for the 2026 NHL draft in Buffalo on June 26-27 – may earn great wealth over their careers, but they also face heightened financial risks [...]

Bettman says NHL ‘revenue is growing’ - Commissioner discusses TV ratings, media rights deals, expansion interest prior to Game 1. The NHL continues to experience record growth on a year over year basis, Commissioner Gary Bettman indicated in his State of the League press conference [...]

The Cross-Border Path from Canadian Student to U.S. Professional Many Canadian students head to the United States for university, but far fewer understand the opportunities—and challenges—that come afterward. Studying in the U.S. is one experience; building a career stateside is something entirely different. The transition from student life to a [...]

Corporate-Owned Life Insurance and the CDA: A Tax-Efficient Estate Strategy - For many Canadian business owners, the corporation is more than a vehicle for earning income; it is the cornerstone of long‑term wealth accumulation, estate planning, and family financial security. Yet despite years of careful tax planning during [...]

9.1: Applicability and Duration - Slide Rule - A player who signs an entry-level contract at the age of 18 or 19 but does not appear in at least 10 NHL games during their first season will have their contract "slide" by one year. The slide rule does not apply to players who turn 20 between September 16 and December 31 of the year they sign their contract. However, if a player signs at age 18 and again fails to play 10 NHL games in their second season, the contract may slide for a second year. While the contract term and salary schedule move with the slide, signing bonuses do not. Teams and players may also negotiate games-played and performance bonuses separately.

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I hope you have enjoyed another edition of the Monthly Chalk Talk! 

Sincerely,  

Cardinal Point Athlete Advisors

Cardinal Point Athlete Advisors are not registered investment advisors or registered portfolio managers. To the extent you require any portfolio or investment management services, such services may be provided by our affiliate, Cardinal Point Capital Management, ULC, a U.S. registered investment advisor and a registered portfolio manager in Canada (ON, QC, MB, SK, NS, NB, AB, BC, PEI).