Patrick Davis wore number 10 while playing center for the New Jersey Devils in the 2008/2009 NHL season. He reportedly had a salary of $6,000,000. The total team salary for the New Jersey Devils was reportedly $55,654,200, so his salary represented 10.8% of that total team payroll. We can compare his salary to the other players on his team. The median salary for a player on the New Jersey Devils was $2,500,000, while the average salary was $2,419,747. He played a total of 1 game that season, with 0 goals and 0 assists - a total of 0 points. If we divide his reported salary by the number of games played, we find he earned $6,000,000.00 per game played. Patrick Davis had a plus/minus of 0, 0 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 2008/2009 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 $6,000,000 we can estimate that he would have to pay $2,075,689 in federal income taxes. That is about the same amount of tax as the tax paid by 255 median high school teachers, 290 median police officers, or 412 median fire fighters. After paying the IRS, he would have $3,924,311 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".