Wearing number 58, Jeff Petry played the position of defenseman while playing for the Edmonton Oilers during the 2010/2011 National Hockey League season. His salary for the season was reportedly $850,000. The total team salary for the Edmonton Oilers was reportedly $45,305,000, so his salary was about 1.9% of the team's total reported payroll. The median salary for a player on the Edmonton Oilers was $875,000, while the average salary was $1,812,200. During the 35 games that he played that season, he scored 1 goal and had 4 assists - a total of 5 points. Dividing his reported salary by the number of games played, we find he earned $24,285.71 per game. Jeff Petry had a plus/minus of -12, 10 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 41 shots. He had a shooting percentage in the 2010/2011 season of 2.40%. 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 $850,000 and his salary per point was $170,000.
What about taxes? The hockey season is split between two calendar years, however, with a annual U.S.-based salary of $850,000 he can expect to pay around $272,784 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 33 median high school teachers, 38 median police officers, or 54 median fire fighters. After paying the IRS, he would have $577,216 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".