During the 2010/2011 NHL season, Kyle Quincey played defenseman for the Colorado Avalanche, wearing number 27. He earned a salary, reportedly, of $3,000,000. The total team salary for the Colorado Avalanche was reportedly $39,872,500, so his salary was about 7.5% of the team's total reported payroll. The median salary for a player on the Colorado Avalanche was $1,000,000. The average salary was $1,594,900. During the 21 games that he played that season, he scored 0 goals and had 1 assist - a total of 1 point. If we divide his reported salary by the number of games played, we find he earned $142,857.14 per game played. Kyle Quincey had a plus/minus of -5, 18 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 39 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".