Yearly NHL salary
A statistic that calculates the average annual salary of a National Hockey League player. The title is also often abbreviated as YNY or Y/Y. For example, players signed to one-year contracts will have an NHL salary equal to their yearly NHL salary divided by twelve. This statistic is frequently used in negotiations between players and teams.
The data is compiled by the NHL Central Registry in March every year. Players who signed in the previous season are listed in bold to distinguish them from players joining or leaving during the off-season.
average nhl salary by year (in million U.S. dollars)
2015: $4,838M / 47 = $103.1M rounded to whole number 2016: $5,545M / 50 = $110.4 rounded to whole number 2017: $6,083M / 51 = $120.7 rounded to whole number.
The above data set has been compiled into a table that includes the year and yearly average nhl salary in million U.S. dollars for each year. The average NHL salary has increased from $1,387M in 2005 to an all-time high of $4,838M in 2015. In 2016, the average NHL salary decreased by 1% to $4,838 million and remained unchanged for 2017.
How much money do the top players make per year?
The highest paid player in the National Hockey League is Sidney Crosby of the Pittsburgh Penguins. He has a yearly contract with an annual NHL salary cap hit of $10,900,000 million dollars. The average yearly salaries of top NHL players are behind this number with the second highest paid player being Evgeni Malkin at $9,500,000 million dollars per year. Alex Ovechkin is the third highest paid player in the NHL with a yearly salary of $9,538,462 and Patrick Kane is ranked fourth with an annual salary of $10,500,000 million dollars per year.
What are some of the factors that affect salary size and structure in the NHL?
The primary factor that affects salary in the National Hockey League is years played in the league. For example, players in their first year in the NHL who sign a two-year contract will receive an NHL salary equal to $925,000 divided by two for an average annual NHL salary of $468,750. Players with 10 or more years of NHL experience will be paid $6,000,000 per year. Lastly, players who sign a contract for fewer than 160 games played will receive an average annual salary of $1,600,000 with the limit increasing by 50% for each additional 20 games played or major penalty minute incurred in the season.
Do player salaries vary by country or league size/ competitiveness level?
The size of NHL player salaries tends to vary by league. Players in the Canadian Hockey League will have an average NHL salary around $91,000 while players in the National Women’s Hockey League will have an annual salary that averages around $25,000.
Players in leagues that are not sanctioned by the National Hockey League are also eligible for higher wages. For example, in the Kontinental Hockey League, players are paid between $200,000 to $900,000 depending on their position.
How does the NHL salary cap work and how has it changed over time?”
In 2005, the NHL salary cap was set at $39M. In 2013, the initial salary cap was divided by 21% to reach an average annual salary of nearly $3M. In 2017, the average NHL salary is based on a 1.99% increase from 2016.
The National Hockey League salary cap is a limit to the total sum of money that National Hockey League teams are permitted to pay their players. The maximum amount for any given contract is limited by this cap, which has been in effect since the 2012–13 NHL season.