National Hockey League Players’ Association

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Financial Advisor: Collective Bargaining Agreement

The Executive Director of the National Hockey League Players’ Association, Paul Kelly retained Lindquist as Financial Advisor in regard to the Collective Bargaining Agreement that had been negotiated between the players and the thirty team owners of the National Hockey League.  The key issue was to ensure that all “Hockey Related Revenue” was being recorded properly by each of the teams, since the player’s compensation is based upon 57% of the total of such revenues.

However this engagement held a bad surprise.  It is Sunday August 30, 2009 and I am sitting outside a conference room in a hotel in Chicago along with Paul Kelly, Glenn Healey and Pat Flatley.  At 3:00 am (yes in the morning), Paul is advised that the Board has voted to terminate his services.  I then emailed my resignation.

pdf Read Press article ‘NHLPA Hires Forensic Accountant’ dated February 4, 2008

pdf Read Press article ‘NHLPA fires Kelly: Picking through the rubble’ dated September 1, 2009.