During the 2010/2011 NHL season, Derek Boogaard played left winger for the New York Rangers, wearing number 94. He reportedly had a salary of $1,700,000. The total team salary for the New York Rangers was reportedly $64,557,500, so his salary was about 2.6% of the team's total reported payroll. The median salary for a player on the New York Rangers was $1,500,000. The average salary was $2,391,018. During the 22 games that he played that season, he scored 1 goal and had 1 assist - a total of 2 points. If we divide his reported salary by the number of games played, we find he earned $77,272.73 per game played. Derek Boogaard had a plus/minus of 0, 45 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 4 shots. He had a shooting percentage in the 2010/2011 season of 25.00%. 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 $1,700,000 and his salary per point was $850,000.
But then, there are taxes. Each hockey season is played during two calendar years, however, given an annual salary in the U.S. of $1,700,000 we can estimate that he would have to pay $570,284 in federal income taxes. That is about the same amount of tax as the tax paid by 70 median high school teachers, 80 median police officers, or 113 median fire fighters. After paying the IRS, he would have $1,129,716 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".