Monday, April 30, 2007

The playoff money

The Globe and Mail's Tim Wharnsby does some nice digging today to come up with the financial figures for what players earn during the playoffs:
Figures obtained by The Globe and Mail Monday indicate the Stanley Cup champion players will have 25 shares of $75,000 (all currency U.S.), a total of $1.875-million, to divide among themselves.

"No, it isn't much," Anaheim Ducks defenceman Chris Pronger said. "If you factor in the tickets and flights for friends and family, you actually can lose money in the playoffs sometimes.

"At the root of it is you have worked all year long to give your team a chance to win the Cup. This time of year is all about the sacrifice and commitment amongst the team for one another. It is never about the money at this time of year, and money never enters a conversation."
A player like Chris Pronger, due $6.25-million during the regular season, would receive roughly $500,000 (U.S.) a pay period during the year, a stunning biweekly amount. After the two-month playoff tournament, the Stanley Cup winning team's players would receive the equivalent of just under $20,000 per two-week period of play.

It's a huge difference, one which is skewed far too much toward the regular season. It seems bizarre that the most important games of the NHL campaign are met with such little (comparatively) financial reward — although perhaps it makes sense in that top players on non-playoff teams would be unduly punished if postseason rewards were more substantial.



At 2:35 a.m., May 01, 2007, Anonymous Anonymous said...

A comparative pittance for the players, and a potential windfall for the owners.

At 9:40 a.m., May 01, 2007, Anonymous Anonymous said...

Pronger should have stayed in Edmonton. Then he wouldn't have had to worry about forking out money for relatives to come visit.

At 10:00 a.m., May 01, 2007, Blogger FAUXRUMORS said...

1) Anonymous hit it on the head; The playoffs are all about the owners,making cash. What else would expalin 4 rounds of best of 7's, and we'd suspect it will increase to another round before long

At 12:40 p.m., May 01, 2007, Anonymous Hooks Orpik said...

I agree with fauxrumors. Players make their millions during the regular season, but they're paid that much (ultimately) to get the team deep into the playoffs so that the ownership can turn a profit.

At 2:46 p.m., May 01, 2007, Blogger peterboroughpete said...

It is a shame Chrissy and Lauren are losing money the longer the playoffs run for the Ducks...I sort of feel bad for him...maybe he should just throw the next 3 games and cut his losses...The Sharks would really appreciate that...

At 3:30 p.m., May 01, 2007, Blogger Nick said...

How many players have bonuses attached to playoff performance? I know hasek does

At 3:59 p.m., May 01, 2007, Blogger Dear Lord Stanley said...

I know it's all relative, but really, can anyone honestly complain about getting paid $20K for two weeks worth of work? Sure, that's a lot less than $500K, but c'mon. Pronger is really not hurting for money, even if he suffers a small loss from shipping his family members back and forth between Anaheim and Vancouver.

The playoffs have been portrayed for years as this big financial sacrifice for the players involved, but I've yet to hear of one guy filing bankruptcy because his team went all the way to the finals.

It's true that the owners are by far the biggest winners, but the players aren't starving to death.

At 4:10 p.m., May 01, 2007, Anonymous Anonymous said...

The reason we'll never return to a best of five in the first round and the playoffs will end some time in June.

The double OT seem to be too much hockey this year, but no one is talking about the excess number of games. Guess once you get the gate receipt you can let TV drive the length of the game.


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