Playing left winger and wearing number 20, Jay Pandolfo played for the New Jersey Devils during the 2008/2009 NHL season. He reportedly had a salary of $2,500,000. The total team salary for the New Jersey Devils was reportedly $55,654,200, so his salary represented 4.5% of that total team payroll. The average salary for a player on the New Jersey Devils was $2,419,747. The median salary was $2,500,000. He played a total of 61 games that season, with 5 goals and 5 assists - a total of 10 points. Dividing his reported salary by the number of games played, we find he earned $40,983.61 per game. Jay Pandolfo had a plus/minus of -12, 10 PIM (penalties in minutes), 0 PP (power play goals), 1 SH (short-handed goals), 1 GWG (game winning goals), and took 63 shots. He had a shooting percentage in the 2008/2009 season of 7.90%. We can divide his salary by the number of goals scored, as well as by the number of points (goals plus assists), if we want to try to evaluate his performance strictly on offense. His salary per goal scored was $500,000 and his salary per point was $250,000.
What about taxes? The hockey season is split between two calendar years, however, with an annual U.S.-based salary of $2,500,000 he can expect to pay around $850,689 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 104 median high school teachers, 119 median police officers, or 169 median fire fighters. After paying the IRS, he would have $1,649,311 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".