Craig Rivet wore number 52 while playing defenseman for the Columbus Blue Jackets in the 2010/2011 NHL season. He reportedly had a salary of $3,500,000. The total team salary for the Columbus Blue Jackets was reportedly $56,440,000, so his salary represented 6.2% 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 Columbus Blue Jackets was $1,750,000, while the average salary was $2,090,370. He played a total of 37 games that season, with 2 goals and 2 assists - a total of 4 points. If we divide his reported salary by the number of games played, we find he earned $94,594.59 per game played. Craig Rivet had a plus/minus of -12, 35 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 33 shots. He had a shooting percentage in the 2010/2011 season of 6.10%. 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 $1,750,000 and his salary per point was $875,000.
But then, there are taxes. Each hockey season is played during two calendar years, however, given an annual salary in the U.S. of $3,500,000 we can estimate that he would have to pay $1,200,284 in federal income taxes. That is about the same amount of tax as the tax paid by 147 median high school teachers, 168 median police officers, or 238 median fire fighters. After paying the IRS, he would have $2,299,716 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".