TeachMeFinance.com / Sports Finance / Alex Kovalev Pittsburgh Penguins 2010-2011 NHL statistics


Alex Kovalev Pittsburgh Penguins 2010-2011 NHL statistics


Playing right winger and wearing number 72, Alex Kovalev played for the Pittsburgh Penguins during the 2010/2011 NHL season. He earned a salary, reportedly, of $5,000,000. The total team salary for the Pittsburgh Penguins was reportedly $67,737,500, so his salary represented 7.4% of that total team payroll. The average salary for a player on the Pittsburgh Penguins was $2,605,288. The median salary was $1,325,000. He played a total of 74 games that season, with 16 goals and 18 assists - a total of 34 points. Dividing his reported salary by the number of games played, we find he earned $67,567.57 per game. Alex Kovalev had a plus/minus of -6, 44 PIM (penalties in minutes), 6 PP (power play goals), 0 SH (short-handed goals), 3 GWG (game winning goals), and took 151 shots. He had a shooting percentage in the 2010/2011 season of 10.60%. We can divide his salary by the number of goals scored, as well as by the number of points (goals plus assists), if we want to try to evaluate his performance strictly on offense. His salary per goal scored was $312,500 and his salary per point was $147,059.

What about taxes? The hockey season is split between two calendar years, however, with a annual U.S.-based salary of $5,000,000 he can expect to pay around $1,725,284 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 212 median high school teachers, 241 median police officers, or 342 median fire fighters. After paying the IRS, he would have $3,274,716 left over, although he still may have to pay city or state tax.


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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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