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Highest Paid NHL Hockey Player 2023

By Puck Path Team / 3 July 2023 04:25 PM

The number 29 of the Avalanche has become the highest earner as a player in NHL after sighning a hundred million dollors / eight-years extension contract.
Source : twitter

Nathan MacKinnon is the Highest Paid NHL Hockey Player in 2023. Nathan MacKinnon yearly salary is $12.6 million dollars.

MacKinnon, who has not played in a team other than the Colorado Avalanche, signed an eight-year extension in 2022. The contract will take effect from the 2023-24 season. 

In the following eight years, he is guaranteed to receive $100,800,000, which includes a $85,340,000 signing bonus. The contract led MacKinnon to be the highest-paid NHLer.

Nathan MacKinnon, with an average annual salary of $12.6 million, exceeds Connor McDavid only by $100,000. The Avalanche will provide 16.37% of the contract amount in the first year.

The Player's base salary is $775000, while it will peak at $9,150,000 in the 2026-27 season to balance the average pay. The base salary will then maintain at $990,000 from that season.

Contract Structure of Nathan MacKinnon

Seasons(Base Salary + Signing Bonus)
2023 - 2024($775,000 + $15,725,000)
2024 - 2025($775,000 + $15,725,000)
2025 - 2026($800,000 + $15,725,000)
2026 - 2027($9,150,000 + $3,000,000)
2027 - 2028($990,000 + $8,910,000)
2028 - 2029($990,000 + $8,910,000)
2029 - 2030($990,000 + $8,910,000)
2030 - 2031($990,000 + $8,910,000)
Total$100,800,000

Nathan signed an Entry-Level contract of 3 years with the Avalanche. He received an annual average salary of $3,775,000 for three years, including performance bonuses.

The team made a Standard Contract of 7 years presenting McKinnon, 44,100,000 Guaranteed.

Although he has not won the Hart, Art Ross, or Rocket Richard Trophies, he was influential in bringing Avalanche's first Stanly Cup in 21 years.

Also, he is in his late 20s and a Star forward of the team; he will make a good captain in the coming years.

Hockey Player Salary Average

Yaroslavl Lokomotiv's player Shalunov is the KHL's highest paid player with $1.5 million USD in a year.
Source : vk

Hockey Player Salary Average is $3.5 million per year in NHL. The National Hockey League pays the highest among all leagues.

In NHL, the minimum salary for the player is $750,000 per year. The team can not sign players if the signing amount exceeds the maximum salary cap of $82.5 million.

It increased by around a million in the 2022-23 season for the first time in three years.

The following highest-paying hockey league is Kontinental Hockey League (KHL). It comprises 22 clubs based mainly in Russia(19).

Founded in 2008, KHL is already in the second position to pay high checks. The player's average salary in KHL is around $425,000.

The National League, based in Switzerland, is the top-tier league of the Swiss system. It comprises 14 hockey teams.

The average player's salary in the National League (NL) is around $228,000. 

Similarly, $110,000 is the average salary of the players in the Swedish Hockey League. The league is the highest division in the Swedish Ice hockey system.

SM-Liiga called the Finnish Elite League in English, pays around $100,000 annually. 

Likewise, the average salaries of the players in some other hockey leagues are:

  • American Hockey League: $107,674
  • Canadian Hockey League:  $40,950
  • ECHL: $75,000
  • Hockey Canada: $40,950 
  • United States Hockey League: $54,971
  • Southern Professional Hockey League: $21,000
  • Western Hockey League: $70,754

NHL Salary Cap History

NHL Salary Cap History from the 2005-06 season is increased by  43.5 million till the 2022-23 season.

Before the 2004-05 lockout, NHL was the only Major North American Professional League without a Salary cap.

There was no need for it because of the NHL's Reverse Clause. In the 1994-95 season, a dispute occurred over the salary cap, which led to the partial cancellation of regular-season games.

The NHL salaries were being paid in USD, so it caused hardships among the small Canadian teams in trading due to the weak revenue generation in the Canadian dollar.

NHL Commissioner Gary Bettman swayed the American-based teams to donate towards a pool to mitigate the effect of the exchange rate.

After the expiration of the collective bargaining agreement in 2004, a new NHL Collective Bargaining Agreement was formed, which centered on players' salaries.

Bettman demanded cost certainty and presented the NHLPa with many concepts for a salary cap, but never accepted.

A lockout happened due to a labor dispute which caused the abandonment of the whole 2004-05 season. The lockout was set with an agreement between NHLPA and NHL for a hard salary limit based on league revenues.

The Salary cap was titled "Upper Limit of the Payroll Range" in the 2005-12 collective bargaining agreement. It was set at $39 million per team.

Since then, it has been increased except for the 2012-13 season. Due to Covid-19, it was frozen at $81.5 million for three years, which increased by $1 million in the 2022-23 season.

The following table shows each year's NHL Salary ceiling since the 2005-06 season.

2005-2006$39 million
2006-2007$44 million
2007-2008$50.3 million
2008-2009$56.7 million
2009-2010$56.8 million
2010-2011$59.4 million
2011-2012$64.3 million
2012-2013$60 -$70.2 million(pro-rated)
2013-2014$64.3 million
2014-2015$69 million
2015-2016$71.4 million
2016-2017$73 million
2017-2018$75 million
2018-2019$79.5 million
2019-2020$81.5 million
2020-2021$81.5 million
2021-2022$81.5 million
2022-2023$82.5 million

NHL salary cap 2022-23 by Team

NHL salary cap 2022-23 by Team is fixed at $82.5 million. However, they can add 10% more space during the offseason.

The amount a team can distribute to its player in the next season is expected to increase by more than $1 million to around $83.5 million.

NHL 2023-24 is almost on the verge of off-season. The teams that are out of the playoffs have started trading players.

During this time, the franchise trades without crossing the Salary limit. Also, the limit is maintained to acquire free agents and trade on their wishlists.

As the Stanley Cup Finals and NHL Entry Draft pick are near, most teams have saved up some space for new recruitments.

In the current scenario, the Chicago Blackhawks, the winner of 2023's first overall, have the most space for new players. However, the Vancouver Cannucks' space is negative.

But in the 2022-23 season, Buffalo Sabres had the highest ceiling space, and Florida Panthers exceeded the cap by around $5 million.

The estimated total cap and space for every franchise are listed below.

Columbus Blue Jackets

Colombus Blue Jackets Salary Cap is $66,670,832. It has a total cap space of $16,829,168.

 In 2022, they adjusted the players with total capital of $82,500,000. The Jacket's roster in 2022-23 consisted of Twenty-two players.

The majority of the space was filled with the forward lines. Colombus Blue Jacket spent $30,222,837 on forwards, 9,526419 on blue lines, and $5,774,324 on Goalies.

Colorado Avalanche

Colorado Avalanche Salary Cap is $69,512,500The Avalance has a cap space of $13,350,000.

Last season, it had filled the players tight with a cap of $82,475,000.

The utilization of the total salary cap of the Colorado Avalanche in the 2022-2023 roster is as follows:

  • Active Player: 24/23
  • Forward: $37,916,123
  • Defense: $30,180,384
  • Goaltender: $5,400,000
  • Total: $82,475,000

Chicago Blackhawks

Chicago Blackhawks Salary Cap is $41,655,123. The Blackhawk's current cap space is $41,844,877.

The expenditures of the Chicago Blackhawks in 2022-23 are:

  • Active Player: 25/23
  • Forward: $30,222,837
  • Defense: $21,748,650
  • Goaltender: $5,324,774
  • Total: $81,924,351

Carolina Hurricanes

Carolina Hurricanes Salary Cap is $58,926,917 with a space of $24,573,083.

The expenses of the Hurricanes in the 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $38,771,917
  • Defense: $23,300,270
  • Goaltender: $6,500,000
  • Total: $82,387,500

Calgary Flames

The panthers traded Jonathan to the Flames, where he is paid a salary cap of $10,500,000
Source : twitter

Calgary Flames Salary Cap is $82,250,000. The crew has a space of $1,250,000 now.

Calgary Flames spent a total of  $82,590,180 in the 2022-23 roster as:

  • Active Player: 23/23
  • Forward: $47,820,088
  • Defense: $22,433,659
  • Goaltender: $6,750,000
  • Total: $82,590,180

Buffalo Sabres

Buffalo Sabres Salary Cap is $66,540,237. Sabres' current Cap space is $16,959,763.

The expenditures of the Buffalo Sabres in the 2022-23 roster are:

  • Active Player: 26/23
  • Forward: $38,430,044
  • Defense: $15,861,937
  • Goaltender: $4,082,365
  • Total: $65,265,598

Boston Bruins

Boston Bruins Salary Cap is $74,062,500. It has space of $4,937,500.

The expenditures of the Boston Bruins in the 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $40,386,425
  • Defense: $26,262,702
  • Goaltender: $5,925,000
  • Total: $82,500,000

Arizona Coyotes

Arizona Coyotes Salary Cap is $56,438,206. It has saved a good amount of space, $27,061,794.

The Coyotes left space of $14,946,210 in the 2022-23 roster as:

  • Active Player: 19/23
  • Forward: $28,224,085
  • Defense: $6,418,811
  • Goaltender: $3,458,333
  • Total: $67,553,790

Anaheim Ducks

Anaheim Ducks Salary Cap is $44,451,667. The Ducks are the second to have space of $39,048,333.

The expenditures of the Anaheim Ducks in the 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $34,669,640
  • Defense: $12,959,932
  • Goaltender: $6,773,460
  • Total: $70,771,464

Dallas Stars

Dallas Stars Salary Cap is $75,732,500. The Star's Cap space left is $7,394,671.

The expenditures of the Dallas 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $49,443,974
  • Defense: $22,976,337
  • Goaltender: $5,108,552
  • Total: $81,981,992

Detroit Red Wings

Detroit Red Wings Salary Cap is $52,834,722. The Red Wings still have an unsigned amount of $30,665,278.

The expenditures of the Red Wings 2022-23 roster are:

  • Active Player: 24/23
  • Forward: $33,494,955
  • Defense: $11,913,333
  • Goaltender: $5,325,675
  • Total: $74,721,594

Edmonton Oilers

Edmonton Oilers Salary Cap is $76,680,000. The oilers are left with $5,970,000 of cap space.

The expenditures of the Oilers 2022-23 roster are:

  • Active Player: 22/23
  • Forward: $47,339,756
  • Defense: $18,549,273
  • Goaltender: $5,750,000
  • Total: $81,604,000

Florida Panthers

Florida Panthers Salary Capis $73,025,001. The Panther's current cap space is $10,262,499.

The expenditures of the Panthers 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $40,210,585
  • Defense: $18,053,604
  • Goaltender: $10,410,000
  • Total: $87,439,609

Los Angeles Kings

Los Angeles Kings Salary Capis $75,913,334. The unit has a space of $7,586,666.

The expenditures of the Los Angeles Kings 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $41,733,171
  • Defense: $20,915,940
  • Goaltender: $906,755
  • Total: $80,201,091

Minnesota Wild

Kaprizov is the highest paid player of the Minnesota Wile with $9,000,000 per year till 2027.
Source : twitter

Minnesota Wild Salary Capis $74,418,588. It has a space of $9,081,412.

The expenditures of the Minnesota Wild 2022-23 roster are:

  • Active Player: 27/23
  • Forward: $33,240,241
  • Defense: $26,834,595
  • Goaltender: $4,287,500
  • Total: $82,114,357

Montreal Canadiens

Montreal Canadiens Salary Capis $72,941,665. The Canadians are left with $9,388,335.

The expenditures of the Canadiens 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $45,665,088
  • Defense: $15,649,999
  • Goaltender: $3,875,000
  • Total: $81,367,500

Nashville Predators

Nashville Predators Salary Cap is $67,955,578. It has saved $15,544,422 of cap space in the club.

The expenditures of the Predators 2022-23 roster are:

  • Active Player: 26/23
  • Forward: $25,362,519
  • Defense: $24,290,622
  • Goaltender: $6,500,000
  • Total: $81,370,388

New Jersey Devils

New Jersey Devils Salary Cap is $48,795,000. Till now, it has a salary cap space of $34,282,500.

The expenditures of the Devils 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $43,316,248
  • Defense: $23,748,251
  • Goaltender: $6,535,727
  • Total: $82,500,000

New York Islanders

New York Islanders Salary Cap is $78,163,333. There is $5,336,667 of cap space left in the group.

The expenditures of the Islanders 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $45,918,026
  • Defense: $21,299,052
  • Goaltender: $9,000,000
  • Total: $81,095,304

New York Rangers

New York Rangers Salary Cap is $71,126,19. The franchise has a room for $11,762,918.

The expenditures of the Rangers 2022-23 roster are:

  • Active Player: 25/23
  • Forward: $44,861,610
  • Defense: $24,060,230
  • Goaltender: $7,941,667
  • Total: $83,446,494

Ottawa Senators 

Ottawa Senators Salary Cap is $66,426,904. Cap space of $17,073,096 is left in the Ottawa Senators.

The expenditures of the Senators 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $35,960,872
  • Defense: $17,793,289
  • Goaltender: $3,666,667
  • Total: $79,244,572

Philadelphia Flyers

Philadelphia Flyers Salary Cap is $74,611,024. The Flyers has a space of $7,701,476.

The expenditures of the Flyers 2022-23 roster are:

  • Active Player: 20/23
  • Forward: $34,586,628
  • Defense: $18,904,680
  • Goaltender: $4,733,054
  • Total: $82,205,000

Pittsburgh Penguins

Pittsburgh Penguins Salary Cap is $63,291,842. The Penguins have saved a space worth $20,208,158.

The expenditures of the Penguins 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $43,998,640
  • Defense: $25,105,580
  • Goaltender: $5,300,000
  • Total: $82,500,000

San Jose Sharks

San Jose Sharks Salary Cap is $69,395,834. The crew has a space of $14,079,166 left.

The expenditures of the Sharks 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $32,074,134
  • Defense: $26,317,684
  • Goaltender: $5,000,000
  • Total: $82,500,000

Seattle Kraken

Seattle Kraken Salary Cap is $63,026,666. The Kraken's current cap space is $20,343,424.

The expenditures of the Kraken 2022-23 roster are:

  • Active Player: 22/23
  • Forward: $34,984,976
  • Defense: $20,276,149
  • Goaltender: $7,900,000
  • Total: $82,500,000

St. Louis Blues

St. Louis Blues Salary Capis is $75,973,333. The Blues have $7,506,667 worth of room left.

The expenditures of the St. Louis Blues 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $29,123,612
  • Defense: $28,487,500
  • Goaltender: $7,250,000
  • Total: $80,736,327

Tampa Bay Lightning

Tampa Bay Lightning Salary Cap is $83,050,000. Tampa Bay Lightning is almost complete, with only $450,000 of cap space left.

The expenditures of the Lightning 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $45,898,241
  • Defense: $21,398,121
  • Goaltender: $10,400,000
  • Total: $82,500,000

Toronto Maple Leafs

Toronto Maple Leafs Salary Cap is $74,356,449. The Leaf still has an unsigned amount of $9,143,551.

The expenditures of the Leafs 2022-23 roster are:

  • Active Player: 26/23
  • Forward: $51,452,701
  • Defense: $18,251,081
  • Goaltender: $6,487,500
  • Total: $82,287,500

Vancouver Canucks

Vancouver Canucks Salary Cap is $83,318,750. The Cannuck have already crossed the limit of space for 2023-24. It has a negative $6,668,750 of room left.

The expenditures of the Canucks 2022-23 roster are:

  • Active Player: 23/23
  • Forward: $30,948,867
  • Defense: $17,747,298
  • Goaltender: $5,531,081
  • Total: $81,250,000

Vegas Golden Knights

Vegas Golden Knights Salary Cap is $80,037,483. The Golden Knights only have $3,462,517 of space left in their room.

The expenditures of the Golden Knights 2022-23 roster are:

  • Active Player: 26/23
  • Forward: $40,400,473
  • Defense: $27,994,150
  • Goaltender: $6,055,315
  • Total: $82,500,000

Washington Capitals

Washington Capitals Salary Cap is 76,166,668. The Capitals are left with $7,313,332.

The expenditures of the Capitals 2022-23 roster are:

  • Active Player: 21/23
  • Forward: $51,763,422
  • Defense: $14,060,208
  • Goaltender: $6,350,000
  • Total: $82,400,000

Winnipeg Jets

Winnipeg Jets Salary Cap is $70,507,856. There is still $12,992,144 worth of space left in the Jets.

The expenditures of the Jets 2022-23 roster are:

  • Active Player: 26/23
  • Forward: $45,208,306
  • Defense: $27,562,500
  • Goaltender: $7,066,666
  • Total: $81,735,703

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