During the 2010/2011 NHL season, Mike Richards played center for the Philadelphia Flyers, wearing number 18. He reportedly had a salary of $6,400,000. The total team salary for the Philadelphia Flyers was reportedly $64,108,000, so his salary was about 10.0% of the team's total reported payroll. The median salary for a player on the Philadelphia Flyers was $1,137,500, while the average salary was $2,671,166. During the 81 games that he played that season, he scored 23 goals and had 43 assists - a total of 66 points. Dividing his reported salary by the number of games played, we find he earned $79,012.35 per game. Mike Richards had a plus/minus of 11, 62 PIM (penalties in minutes), 5 PP (power play goals), 3 SH (short-handed goals), 4 GWG (game winning goals), and took 184 shots. He had a shooting percentage in the 2010/2011 season of 12.50%. 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 $278,261 and his salary per point was $96,970.
What about taxes? The hockey season is split between two calendar years, however, with a annual U.S.-based salary of $6,400,000 he can expect to pay around $2,215,284 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 272 median high school teachers, 310 median police officers, or 439 median fire fighters. After paying the IRS, he would have $4,184,716 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".