Tag: financial advisors

Why “Spring Grades” are Important to NFL Prospects

By Justin VanFulpen

When NFL scouts from the two scouting services BLETSO and National go into a school to do their junior evaluation they are looking to grade the NFL draft prospects for the next year’s draft but also to eliminate players as guys who can’t play in the NFL.  The scouts give those players “reject” grades so scout in the fall don’t have to spend time on players who are deemed not NFL players.

The scouting services grade over 13,000 senior college football players each year at all levels of football and normally there are around 600 with draft able or free-agent grades.  True do players with “reject” grades get draft? Yes but it is few and far between.

BLETSO and National have their spring meeting to go over grades around Labor Day time in May to be able to help set the scouts schedule for training camps visits in the summer.  Prospects are not told what their spring grade is by the two scouting services, but normally in the summer the grades get out and agents, financial advisors, media members and all-star games get their hands on them.

Spring grades are important for a number of reasons:

1. It is a road map for NFL scouts in the fall to where they should spend their most time.

2. National Scouting runs the NFL Combine so if a player has a good spring grade he is more likely to get invited then if he doesn’t.

3. All-Star games try to get their hands on these grades and use them when they start to invite players to their games.

True as a Senior what you do on the field is most import to your final NFL draft grade, but it doesn’t hurt to start with a good spring grade going into your Senior season.

NFL Draft: “Junior Days & Spring grades”

Baylor wide receiver Terrance Williams has his height measured before a work out for NFL scouts during a pro-day workout at Baylor University Wednesday, March 20, 2013, in Waco. (AP Photo/Tony Gutierrez)
By Justin VanFulpen

Right now we are getting close to the 2016 NFL draft but NFL scouts around the country are already hard at work on the 2017 NFL draft on college campus in what is called “Junior Days”. What are “Junior Days”? Well there are two scouting organizations that NFL teams subscribe to called BLESTO and National (National Football Scouting) each of these organizations is made up of scouts from different teams, and all except the New England Patriots “subscribe” to one of these services.

Normally the college coach who is the pro liaison sets up the junior day in which the draft-eligible players for the next year take part in a workout much like a Pro Day just for these scouts. These junior days are normally scheduled during spring practice.

Scouts do measurable, the player’s height, weight, hand size and reach, some school will allow their players to run the 40 but others won’t. The scouts will also have the players take the Wonderlic test which is a standardized test which is used to assess the aptitude of prospective employees for learning and problem-solving. The scouts also view film for the player’s junior year as well as background information and injury history. From there, only a single report is filed and shared with the other teams as part of the group, and then there is a meeting where the reports are shared with the member clubs sometime in late May.

Once those reports are filled that is when people in the football business try to get their hands on those reports or just the grades. Even though all information from National Football Scouting and BLESTO are proprietary, agents, financial advisors, trainers, all-star game organizers, media members, and NFL draft gurus all try to get their hands on what is referred to as the “spring grades.” Once anyone gets their hands on these grades they will start contacting the players letting them know what their “spring grade” is.

These grades are not set in stone and they sure change thru out the season but they are for sure a great starting point. The grade that either of these services gives a player the May before he plays senior season doesn’t have a huge effect on where the player is drafted a full year later but does have a good bearing if the player will get invited to the NFL Scouting Combine which is run by National and has input by BLESTO on who gets invited.

Springs grades are important starting point for people in football business and the prospects. But there is always prospects who come off the radar like DE Ezekiel Ansah, Detroit Lions (Drafted 5th overall in 2013, no spring grade) and this year CB Quinten Rollins, Miami (OH) should be a middle round draft pick who also didn’t have a spring grade going into this season.

Financial Advisor: Role on a Pro Athletes Team

By Justin VanFulpen

The new show “Ballers” on HBO depicts Dwayne Johnson as Spencer Strasmore, a retired athlete turned financial advisor. If you have been watching the show, you have seen that financial advisors have a large role in a professional football player career just like their agent does.  College Football players are recruited just as much by financial advisors as they are by agents.

Financial Advisors are a very valuable asset to a professional athlete’s career and can help an athlete take his earning during his playing career and set him up for the rest of his life and his career after football.  Since professional athlete earnings situation as well as their taxes is different than normal situations they need someone on their team who can advise them in the right direction in all aspects of their financial wellbeing.   Players need to pay attention just as much as who they select to be their financial advisor as they do who their agent is, if not more since they will be dealing with their money and assets.

Forbes recently wrote an article “How To Select A Financial Advisor”

One thing to find out about a potential financial advisor is he/she a broker/ registered rep; or an investment advisor?  When looking at compensation for the financial advisor services a broker may charge commissions or fees. An investment advisor will be fee-only or fee for advice.  You can check out the article to see what the differences are.

Some other great questions to ask the potential financial advisors are:

Does the advisor work for a large firm or is he independent?

Does the advisor receive sales commissions, fees, or both?

Does the advisor have experience with the specific issues concerning the client?

Does the advisor have any past or current legal infractions?

With a financial advisor being part of a professional athlete team, time and care is need to make the right choice.

NFL Draft: “Spring grades”

Scout HeightBy Justin VanFulpen

Right now we are getting close to the 2015 NFL draft but NFL scouts around the country are already hard at work on the 2016 NFL draft on college campus in what is called “Junior Days”. What are “Junior Days”? Well there are two scouting organizations that NFL teams subscribe to called BLESTO and National (National Football Scouting) each of these organizations is made up of scouts from different teams, and all except the New England Patriots “subscribe” to one of these services.

Normally the college coach who is the pro liaison sets up the junior day in which the draft-eligible players for the next year take part in a workout much like a Pro Day just for these scouts. These junior days are normally scheduled during spring practice.

Scouts do measurable, the player’s height, weight, hand size and reach, some school will allow their players to run the 40 but others won’t. The scouts will also have the players take the Wonderlic test which is a standardized test which is used to assess the aptitude of prospective employees for learning and problem-solving. The scouts also view film for the player’s junior year as well as background information and injury history. From there, only a single report is filed and shared with the other teams as part of the group, and then there is a meeting where the reports are shared with the member clubs sometime in May.

Once those reports are filled that is when people in the football business try to get their hands on those reports or just the grades. Even though all information from National Football Scouting and BLESTO are proprietary, agents, financial advisors, trainers, all-star game organizers, media members, and NFL draft gurus all try to get their hands on what is referred to as the “spring grades.” Once anyone gets their hands on these grades they will start contacting the players letting them know what their “spring grade” is.

These grades are not set in stone and they sure change thru out the season but they are for sure a great starting point. The grade that either of these services gives a player the May before he plays senior season doesn’t have a huge effect on where the player is drafted a full year later but does have a good bearing if the player will get invited to the NFL Scouting Combine which is run by National and has input by BLESTO on who gets invited.

Springs grades are important starting point for people in football business and the prospects. But there is always prospects who come off the radar like DE Ezekiel Ansah, Detroit Lions (Drafted 5th overall in 2013, no spring grade) and this year CB Quinten Rollins, Miami (OH) should be a middle round draft pick who also didn’t have a spring grade going into this season.