Playing defenseman and wearing number 28, Anton Volchenkov played for the New Jersey Devils during the 2010/2011 NHL season. He earned a salary, reportedly, of $4,250,000. The total team salary for the New Jersey Devils was reportedly $57,140,000, so his salary represented 7.4% of that total team payroll. We can compare his salary to the other players on his team. The median salary for a player on the New Jersey Devils was $1,100,000, while the average salary was $2,285,600. He played a total of 57 games that season, with 0 goals and 8 assists - a total of 8 points. If we divide his reported salary by the number of games played, we find he earned $74,561.40 per game played. Anton Volchenkov had a plus/minus of 3, 36 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 65 shots. He had a shooting percentage in the 2010/2011 season of 0.00%.
But then, there are taxes. Each hockey season is played during two calendar years, however, given an annual salary in the U.S. of $4,250,000 we can estimate that he would have to pay $1,462,784 in federal income taxes. That is about the same amount of tax as the tax paid by 180 median high school teachers, 204 median police officers, or 290 median fire fighters. After paying the IRS, he would have $2,787,216 left over. However, he may still have to use some of that money to pay state or city taxes as well.
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".