Business of Hockey – Page 3

In hockey and most other professional sports the contracts that make the headlines are the largest and most expensive ones. But these are team sports and there are a lot of players that donâ€™t get the press. How much do the players at the bottom-end get paid? What is the lowest salary in the NHL? In 2020-21 the lowest salary as mandated by the collective bargaining agreement for a player is $700,000 USD. Approximately 14% of the players in the NHL make the league minimum, which will be raised to $750,000 in 2021-22 in the last year of the current collective bargaining agreement. The current bargaining agreement between the NHL and the players started out in 2012 is set to expire after the 2021-22. Throughout this time the league has mapped out what the lowest salary for a player in the NHL can be in each given year.Â The minimum has been raised with an expectation that the salary cap will rise but has not been pegged at a certain percentage of the salary cap.Â The NHL and NHLPA have added a four-year extension unto the existing agreement. The extension will see an increase in the league minimum salary for the final two years (here is a look at the average NHL salary). Here is a list of those 10 years laid out in the current bargaining agreement and the 4 additional years of the cba extension for the minimum salary in a Standard Players Contract YearMinimum Salary 2025-26$800,000 USD 2024-25$775,000 USD 2023-24$750,000 USD 2022-23$750,000 USD 2021-22$750,000 USD 2020-21$700,000 USD 2019-20$700,000 USD 2018-19$650,000 USD 2017-18$650,000 USD 2016-17$575,000 USD 2015-16$575,000 USD 2014-15$550,000 USD 2013-14$550,000 USD 2012-13$525,000 USD Who makes the league minimum? So who makes the minimum salary in the league? Well, I have got a chart at the bottom of the article of all the current players in the NHL who make the minimum salary. Keep in this mind that the players on this chart are very fluid and may be there one day, but gone the next. Thatâ€™s the life of a player when you are at the bottom of the pay scale in the NHL. As you scan through the players names you will notice that there are not many household names. The types of players that fit into the lowest salary players are either on their rookie contracts or journeyman players or veterans on their last contract.Â Â Some of the players on rookie contracts who make the minimum include Carter Hart (who is a fantastic young goaltender), Samuel Girard (great young defensemen) and Frederik Gauthier. Some of the veteran players who are at then end of their career and are now making the minimum include Joe Thornton, Patrick Marleau, and Jason Spezza. They may have been able to make more money on a different team, but will often take less money (they have already made a lot) to play in a situation they like where they have a chance at the Stanley Cup. However, most of the players are either players that are too good for the minors but not quite good enough to be a regular in the NHL (we call these players â€˜tweenersâ€™). This list includes press box sitters such as Tobias Reider, Curtis Lazar, and Daniel Carr. Unless you follow the teams they are on you probably do not know who they are. Embed from Getty Images An interesting subset of this list are veteran players who used to make a lot, and I mean a lot of money, but took a minimum contract because they wanted to keep on playing. They can still help the team out, but they usually will take less money to be on a good team because they want to get another shot at winning a Stanley Cup.Â This list of players includes Patrick Marleau and Jason Spezza.Â Â How many players in the NHL make the league minimum? Again, the list of players in the NHL who make the minimum will always be very fluid but give or take there is about 9% of players in the NHL. There are about 98 players who make the league minimum out of the 700 players total. This surprised me a little bit, as I didnâ€™t expect that high of a percentage to only be making the league minimum. This has even been exaggerated due to the COVID pandemic. The league's salary cap stayed flat so teams did not have as much money to spend on players. This resulted in an extra 30 players being paid the minimum - the year before there were about 68 players making the minimum. Embed from Getty Images What is the discrepancy between league minimum and maximum? As in most other professions the few people at the top make most of the money and this is no different in NHL players salaries. The maximum salary a player can earn is 20% of the team salary cap, which in the current year would be 16.3 million dollars. So the range of salaries in the NHL this year could be as high as 16.3 million and as low as 700K. No player is making $16.3 million dollars this year, but the highest is not far off as John Tavares and Austin Matthews are both making $15.9 million. This is a little deceiving because the actual average of their contracts, or aav (annual average value), over the lifetime of them is about $11 million. However, the NHL allows teams to pay players different salary sums in different years.Â Â Another way to look at it is the top three paid players this year - Tavares, Matthews and Connor McDavid - make as much combined ($45 million) as the bottom 65 players in the NHL. NHL league minimum versus other sports How does the NHL compare to the NFL, MLB and NBA for league minimums? NBA - the NBA lowest salary is based on years of experience, but of all these at 0 years experience a player would get a minimum salary of $898,320NFL - the minimum annual salary for a rookie active roster player with a one-year contract is $480,000MLB - In 2019 the minimum salary for a baseball player in the major leagues was $555,000 List of players who make the league minimum PlayerTeam Yannick WebberNSH 2. Brett RitchieCGY 3. Dmytro TimashovNYI 4. Kevin ConnautonFLA 5. Craig AndersonWSH 6. Devin ShoreEDM 7. Andy GreeneNYI 8. Frédérik GauthierARI 9. Fredrik ClaessonSJS 10. Michael Del ZottoCBJ 11. Riley SheahanBUF 12. Alexander VolkovTBL 13. Drake CaggiulaARI 14. Jalen ChatfieldVAN 15. Micheal HaleyOTT 16. Mason MarchmentFLA 17. Kurtis GabrielSJS 18. Ryan MacInnisCBJ 19. Max McCormickCAR 20. Nikita NesterovCGY 21. Gustav ForslingFLA 22. Louis BelpedioMIN 23. Dominik SimonCGY 24. Drew ShoreCAR 25. Zach SenyshynBOS 26. Joakim NordströmCGY 27. Steven FogartyBUF 28. Austin PoganskiSTL 29. Joe ThorntonTOR 30. Sheldon RempalCAR 31. Greg McKeggBOS 32. Glenn GawdinCGY 33. Kasimir KaskisuoNSH 34. Matt NietoSJS 35. Patrick MarleauSJS 36. Clark BishopOTT 37. Phillip Di GiuseppeNYR 38. Scott WedgewoodNJD 39. Daniel CarrWSH 40. Ross ColtonTBL 41. Travis BoydTOR 42. Jayson MegnaCOL 43. Troy GrosenickLAK 44. Mark AltLAK 45. Tomas JurcoVGK 46. Frédérick GaudreauPIT 47. Brandon DavidsonBUF 48. Andreas BorgmanTBL 49. Jonny BrodzinskiNYR 50. Zac RinaldoCGY 51. Matthew PecaOTT 52. Matt IrwinBUF 53. Josh CurriePIT 54. Dakota MermisMIN 55. Tobias RiederBUF 56. Mark JankowskiPIT 57. Evan RodriguesPIT 58. Buddy RobinsonCGY 59. Kyle RauMIN 60. Matt BartkowskiMIN 61. Noah JuulsenFLA 62. Jonas JohanssonBUF 63. Gemel SmithTBL 64. Nicolas MelocheSJS 65. Matt LuffLAK 66. Jason SpezzaTOR 67. Michael McCarronNSH 68. Jacob De La RoseSTL 69. Patrick RussellEDM 70. Artyom ZagidulinCGY 71. Oscar DanskVGK 72. Ben HarpurNSH 73. Michael ChaputARI 74. Marc MichaelisVAN 75. Eric ComrieWPG 76. Michael Dal ColleNYI 77. Matt RoyLAK 78. Michael AmadioLAK 79. Dylan GambrellSJS 80. Brogan RaffertyVAN 81. Daniel RenoufCOL 82. Matt TennysonNJD 83. Andrew AgozzinoANA 84. Philippe MailletWSH 85. Nathan WalkerSTL 86. Nate ProsserPHI 87. Patrick BrownVGK 88. Luke JohnsonMIN 89. Michael SgarbossaWSH 90. Kevin CzuczmanPIT 91. Brad HuntMIN 92. Marcus HögbergOTT 93. Jarred TinordiBOS 94. Chad RuhwedelPIT 95. Gerald MayhewMIN 96. Anton BlidhBOS 97. Joel HanleyDAL 98. Samuel MorinPHI