Wearing number 5, Colin White played the position of defenseman while playing for the New Jersey Devils during the 2010/2011 National Hockey League season. He reportedly earned $3,000,000 for his time on the ice. The total team salary for the New Jersey Devils was reportedly $57,140,000, so his salary was about 5.3% of the team's total reported payroll. The median salary for a player on the New Jersey Devils was $1,100,000. The average salary was $2,285,600. During the 69 games that he played that season, he scored 0 goals and had 6 assists - a total of 6 points. If we divide his reported salary by the number of games played, we find he earned $43,478.26 per game played. Colin White had a plus/minus of -2, 48 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 50 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 $3,000,000 we can estimate that he would have to pay $1,025,284 in federal income taxes. That is about the same amount of tax as the tax paid by 126 median high school teachers, 143 median police officers, or 203 median fire fighters. After paying the IRS, he would have $1,974,716 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".