NHL Players

How Much Is Sidney Crosby Salary Per Year? Explore His Career Earnings, Net Worth And Contracts In 2023

By / 22 May 2023 07:48 AM

Sidney is the 15th player to reach 1,500 or more career points
Source : twitter

Sidney Crosby salary per year is $3 million dollars. Sidney Crosby is a captain of the NHL team Pittsburgh Penguins

Crosby started his career in 2005 and has played 18 seasons for the Penguins.

He has played 1190 games, made 550 goals, 952 assists, and has a point share 179.9.

The Cole Harbour native has won 2 Conn Smythe Trophies (2016 - 2017), 2 Hart Trophies (2007 and 2014), and 3 Stanley Cups (2009, 2016 and 2017).

How Much Does Sidney Crosby Make A Year?

Sidney Crosby makes a career earnings of $3,000,000 a year with a cap hit of $8,700,000. Sidney signed a contract worth $104,400,000 contract with the Pittsburgh Penguins.

The former NHL star Jeremy Roenick harshly criticized the deal, saying it is a committing contract suicide. He added there had been concussion problems.

He was picked in the first overall draft by the Pittsburgh Penguins in the 2005 entry draft. In May 2007, he was announced youngest captain in NHL history at that time at 19.

Sidnet founded the Sidney Crosby Foundation in 2013 to help children in need. He also donated 100,000 meals to Greater Pittsburgh Community Food Bank for their 11-county service area.

YearEarnings
2005 - 2007$11,100,000 (Signing bonus $255,000)
2008 - 2012$43,500,000
2012 - 2024$104,400,000

His base salary in 2013 - 2015 was $12,000,000 which then reached $10,900,000 from 2016 to 2017. In the year 2018, he received a base salary of $10,000,000.

The athlete obtained a base salary of $9,000,000 in 2021 and 2019 while he received 600000 more in 2020. Since 2022, he has been receiving $3,000,000.

Sidney Crosby Net Worth 2023

Sidney Crosby net worth in 2023 is $12 million dollars. Sidney has the highest NHL career earnings followed by Alex Ovechkin with $138,220,893.

The player has endorsement deals with Reebok, Tim Hortons, CCM, Gatorade, and Bell Canada.  He signed a 5-year deal with Reebok while playing in the second season in the QMJHL in 2010, worth a million. The deal was considered one of the biggest endorsements in hockey players' history.

His endorsement deal with Adidas worth between $1 million and $1.5 million per year was signed as a partner in October 2015. He was a major part of Reebok's marketing strategy on and off the ice.

He sports the Rbk 8K FitLite helmet and the Rbk 8K skate and gets paid in US funds. He is seen wearing Reebok apparel, footwear, and training gear for his off-ice workouts.

The athlete is not only famous for taking big deals but also for turning down major deals. He rejected a 3-year deal worth $7.5 million from Hamilton's World Hockey Association franchise in 2004.

 During the 2019 NHL All-Star Game, he won a Honda Passport Elite as the MVP honor. He has a Range Rover, Tesla, and Lamborghini Gallardo.

Sidney Crosby Career Earnings And Contract

Sidney Crosby has a career earnings of $104 million with Pittsburgh Penguins signed on 1st July 2012. 

His 12 years contracts includes $104,400,000 guaranteed money.

His jersey number 87 and 2007 contract signing value of $8,700,000 average salary reflects his 08-07- 87 birthdate. He played the Rimouski Oceanic of the QMJHL to represent his school hockey programs.

As per the deal, Crosby would get $3 million per season at the end. This way he would get only an average salary as Jonathan Toews and Patrick Kane signed.

He was previously locked up with the Penguins in a 5 years contract worth $43,500,000. His entry-level contract with the Penguins was worth $11,100,000 for 3 years.

Sidney striking his hockey stick wearing Pittsburgh Penguins jersey, helmet and gloves.
Source : twitter

His career before NHL:

  • He was drafted by the Bearcats in the 2001 MJAHL Draft at 13. Then, the Rimouski Oceanic of the Quebec Major Junior Hockey League (QMJHL) picked him in the 2003 Midget Draft.
  • During his tenure in the QMJHL in 2003-04, he led the team with 54 goals and 135 points in 59 games. The Cole Harbour also played for Canada at the world junior championship.
  • He led Dartmouth in the 2002 Air Canada Cup to second place.
  • Sidney was called up as a 14-year-old to play two games with the Truro Bearcats of the Maritime Junior A Hockey League that season.
  • The Toronto Toros of the WHA Amateur Draft picked him with a first overall pick on 18 July.

Career Earnings

Sidney Crosby career earnings is $149,890,244. Crosby started playing at the age of 15 with school-level hockey games.

He has played 18 NHL seasons with the Pittsburgh Penguins.

Is Sidney Crosby The Highest Paid NHL Player?

Sidney Crosby is not the highest paid NHL player. Nathan MacKinnon of the Colorado Avalanche holds the title with a cap hit of $12,600,000 in 2023.

His financial ranking in terms of cap hit in the Pittsburgh Penguins is number 1 while 39th in NHL. His average salary ranks 12th as a center player.

Highest Paid NHL Players with salary cap hits are listed below:

  1. Nathan MacKinnon (COL) - $12,600,000 Cap Hit
  2. Connor McDavid (EDM) - $12,500,000 Cap Hit
  3. Artemi Panarin (NYR) - $11,642,857 Cap Hit
  4. Auston Matthews (TOR) - $11,640,250 Cap Hit
  5. Erik Karlsson (SJS) - $11,500,000 Cap Hit

What Is The Salary Cap In The NHL?

The salary cap in the NHL is $82.5 million for the 2022-23 season. It will be increased by a million for the season and settle at $83.5 million.

The lowest limit for the season is set at $61.0 million. The Chicago Blackhawks have the highest cap hit of $40,149,044
and the lowest is of Vancouver Canucks with a -$743,750 cap hit.

The NHL must surpass its current HRR predictions by nearly $100 million to repay this season's debt. If it is not fully paid off this season, it will be next season, raising the ceiling to around $88 million for 2024-25.

Sidney sliding his hockey stick in a match against the New York Rangers in March 2023
Source : facebook

It was $81.5 million for three years before increasing this year. The NHL would also raise escrow rates the players must finance in the last 3 years of the NHL/NHLPA Collective Bargaining Agreement.

The players did not play for their deal in the 2019-20 season, but the game was paused of Covid-19. They had to pay more than the 50 percent share of HRR allotted to them under the terms of the collective bargaining agreement

Does Sidney Crosby Still Play Hockey?

Yes, Sidney Crosby still plays hockey in the NHL team Pittsburgh Penguins. He will be a UFA at the end of the 2024-25 season when he is 37.

The two-time playoff MVP is idolized by the Rejina Pats captain Connor Bedard. Connor is the projected No. 1 pick in the 2023 Upper Deck NHL Draft.

His uncanny consistency led the team to Stanley Cup championships consecutively in 2016 and 2017. They also won the cup in 2009 and made it to the finals in 2008.

In the 2022-23 season, the team got eliminated from the contention. It was the first ever Crosby's rookie season that they did not reach the playoffs.

Does Sidney Crosby Speak French?

Yes, Sidney does speak French. He spent his childhood in Rimouski, a French town of 40,000 in east Quebec City.

Crosby only knew how to say hello when he moved to the French city in 2003. He learned the language growing up to adapt to the neighborhood. His French accent is solid, and he continues practicing to improve it.

Sidney is one of the best NHL players from Russia.

The billet host Christian Bouchard helped him learn the language; he would practice with his then-roommate Eric Neilson. They made a rule to speak only French at the dining table.

He knew limited French when he joined the Rimouski Oceanic at 16. He knew a bit of the language from his school days, but after joining the team he would have to communicate with teammates and coaches in the language so he had to learn it in depth.

In 1991, Eric Lindros, Sidney, Brand Richards, and other players immersed themselves in Rimouski's francophone culture. He also encouraged Canadiens captain Nick Suzuki to learn the language for better communication with the team.

It talked French mostly while sitting next to former teammate Marc-Andre Fleury. The Penguins in partnership with Duolingo presented a French Language Night on 14 February 2020 at PPG Paints Arena.

Did Sidney Crosby Retire?

Sidney isn't retired. He is still playing as the captain of the Pittsburgh Penguins and has committed his NHL career to the team.

It might take a few more years before we hear Sidney Crosby retirement announcement. His contract runs through the 2024-25 season.

The 35-year-old player started to play professional hockey in 2001 at 14. Even after two decades of playing career, Sidney still plays as energetically as he is still in his twenties.

About his retirement, he said that he would love to play as long as he can. Age is just a number, and he focuses on playing out his contract.

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