Wearing number 31, Peter Budaj played the position of goaltender while playing for the Colorado Avalanche during the 2010/2011 National Hockey League season. He reportedly had a salary of $1,250,000. The total team salary for the Colorado Avalanche was reportedly $39,872,500, so his salary was about 3.1% 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 45 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 $27,777.78 per game played. Peter Budaj had a plus/minus of 0, 6 PIM (penalties in minutes), 0 PP (power play goals), 0 SH (short-handed goals), 0 GWG (game winning goals), and took 0 shots. He had a shooting percentage in the 2010/2011 season of 0.00%. His goaltending statistics include 2439 min, 1234 SA (shots against), 130 GA (goals against), 3.20 GAA (goals against average), 89.50% save percent, and a record of 15-21-4, including 1 shutouts. If we want to try to evaluate his performance strictly as a goaltender, we can divide his salary by the number of shots against. His salary per shot against was $1,013.
But then, there are taxes. Each hockey season is played during two calendar years, however, given an annual salary in the U.S. of $1,250,000 we can estimate that he would have to pay $412,784 in federal income taxes. That is about the same amount of tax as the tax paid by 51 median high school teachers, 58 median police officers, or 82 median fire fighters. After paying the IRS, he would have $837,216 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".