Hockey players make a lot of money, and we as spectators can agree that they definitely deserve it. However, just how much money do they make? Is there a set limit to how much a hockey player can earn? If so, how much are they paid? Let’s examine the various contracts in play and how much cash they manage to pull in.
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How Much Money Can I Make In Hockey?
It is important to note that the money a hockey player makes is not only through endorsements and appearances. Even the regular season is pretty lucrative. Teams usually make a lot of money through ticket sales and advertising. These are the two main sources of revenue for an NHL team.
Through an executive order, the NHL implemented a strict collective bargaining agreement (cba) in September 2011 that limits how much revenue teams are allowed to bring in. The new agreement states that the cap on team revenues for the 2012โ13, 2013โ14, and 2014โ15 seasons is $64.3 million, $71.2 million, and $76.3 million, respectively. Furthermore, the agreement limits the total amount of revenue each team can generate to a maximum of $10 million per year.
What Is The Typical Salary Of A Hockey Player?
According to Spotrac, a sports finance website, the median annual salary for an NHL player is approximately $2.9 million. Furthermore, the site states that the highest paid player is Wayne Gretzky, who last played for the Los Angeles Kings and currently has a stake in the team. He is also the all-time leader in goal-scoring, with an incredible 1,515 regular-season goals. Spotrac attributes his longevity in the NHL and continued success to his salary being close to the maximum permitted under the cap.
Gretzky was named the NHL’s No. 1 all-time player in 1996 and continued to be named among the top 10 greatest players in the league by The Hockey News. He is also the recipient of 11 NHL MVP Awards and played an instrumental role in the success of the Los Angeles Kings, winning three Stanley Cups with the franchise.
Where Do Hockey Players Come From?
The majority of the NHL players come from North America, with an incredible 92.4% (183 of 198) of listed players hailing from the United States and Canada. Europe is home to an additional 5.5% (11 of 198) of NHL players, while Australia and New Zealand round out the top five sources of professional hockey players worldwide.
According to the 2011 census, there are currently 6,681,482 people living in Australia, and roughly 80,000 of those people play hockey. New Zealand is home to an even smaller population of hockey players, with the country only having around 70,000 citizens. The only significant source of NHL players outside of North America and Europe is Russia, where some very wealthy families invest in young hockey players and help build a foundation for their financial success.
How Long Does It Take For A Hockey Player To Reach His Apex?
Although the majority of the NHL players are over the age of 30 (median age of 31), they are still able to put up considerable statistics due to the sport’s growing popularity. According to nhl.com, only 12.1% of the players are 24 years old or younger, and 66.3% are aged between 25 and 29. Furthermore, the site reports that only 1.6% of the players are under the age of 24.
This is likely a result of the increased popularity of the sport. According to the 2011 census, approximately 0.7% of the American population is directly involved in playing hockey, and that number is growing. The United States is home to some of the best hockey players in the world, and this has encouraged a lot of youngsters to pick up the sport. The growth of youth hockey in America is evident in the increase of minor hockey clubs from 54 in 2008 to 716 in 2011. Between 2011 and 2015, the number of minor hockey teams in the U.S. soared by 76%.
Hockey is one of the most popular sports in North America, and that popularity is expected to continue growing.