Wearing number 28, Carlo Colaiacovo played the position of defenseman while playing for the St. Louis Blues during the 2010/2011 National Hockey League season. He earned a salary, reportedly, of $1,750,000. The total team salary for the St. Louis Blues was reportedly $34,350,000, so his salary was about 5.1% of the team's total reported payroll. The median salary for a player on the St. Louis Blues was $885,000, while the average salary was $1,635,714. During the 65 games that he played that season, he scored 6 goals and had 20 assists - a total of 26 points. Dividing his reported salary by the number of games played, we find he earned $26,923.08 per game. Carlo Colaiacovo had a plus/minus of -4, 23 PIM (penalties in minutes), 1 PP (power play goals), 0 SH (short-handed goals), 1 GWG (game winning goals), and took 81 shots. He had a shooting percentage in the 2010/2011 season of 7.40%. If we want to evaluate his performance strictly on offense, we can divide his salary by the number of goals scored, as well as by the number of points (goals plus assists). His salary per goal scored was $291,667 and his salary per point was $67,308.
What about taxes? The hockey season is split between two calendar years, however, with a annual U.S.-based salary of $1,750,000 he can expect to pay around $587,784 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 72 median high school teachers, 82 median police officers, or 117 median fire fighters. After paying the IRS, he would have $1,162,216 left over, although he still may have to pay city or state tax.
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".