Derek Sanderson - Post Career

Post Career

During his career, Sanderson made many bad investments, losing millions of dollars which led him to be quite broke upon his retirement. Along with his substance abuse problems, Sanderson wound up penniless, one time sleeping on a New York City park bench. He was also in poor health, and crippled to the point he had to get around on crutches. Forced to accept the charity of friends who gave him a place to live, several years after his retirement, publicity about his situation brought a second chance from the goodwill of people in the city of Boston, a place of which Bobby Orr said the fans and citizens were the most loyal and decent in the world. Orr spent his own money to check Sanderson and several Bruins personnel into rehab. Sanderson entered rehab in 1979 and beat his addictions and took a job as a professional sports broadcaster. He worked for ten years in broadcasting with NESN. Wanting to make sure, that other hockey players would not follow his dark path, Sanderson with the help of Bobby Orr organized State Street Global Advisors, where he was Director of the Sports Investment Group that provided professional financial advice to athletes in the 90s.

Sanderson is currently Managing Director of The Sports Group with Baystate Wealth Management in Boston. His team works with athletes and high networth individuals. He is involved with a variety of charitable organizations and makes a number of guest appearances at charitable events to help raise awareness and funding for their cause. His autobiography, 'Crossing the Line,' written with Kevin Shea, was released in October 2012 by Triumph in the United States and by Harper Collins in Canada.