Playing left winger and wearing number 26, Erik Cole played for the Carolina Hurricanes during the 2010/2011 NHL season. He earned a salary, reportedly, of $3,000,000. The total team salary for the Carolina Hurricanes was reportedly $45,735,000, so his salary represented 6.6% of that total team payroll. That season, the average salary for a player on the Carolina Hurricanes was $2,177,857, while the median salary was $1,900,000. He played a total of 82 games that season, with 26 goals and 26 assists - a total of 52 points. To find out how much he earned per game played, we can divide his reported salary by the number of games played. He earned $36,585.37 per game. Erik Cole had a plus/minus of -1, 49 PIM (penalties in minutes), 3 PP (power play goals), 1 SH (short-handed goals), 9 GWG (game winning goals), and took 201 shots. He had a shooting percentage in the 2010/2011 season of 12.90%. 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 $115,385 and his salary per point was $57,692.
Don't forget about taxes. Although each NHL season is composed of months two separate calendar years, having a salary in the United States of $3,000,000 we can estimate that he would have to hand over $1,025,284 in federal income taxes. For comparison, 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 federal government, he would have $1,974,716 left over. However, he may still need 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".