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NHL Fortune: $14,635,000

Description

Bryan Berard’s net worth / earnings / salary history. He made US$14,635,000 (US$20,883,546 in today's dollars), ranking #806 in NHL / hockey career earnings.

Did you know that Gary Bettman accumulated the 4th largest NHL fortune with $120M?

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All amounts in US$ unless otherwise noted.
Season   Salary
(US$)
In today's
US$
NHL
Rank
+/-
(US$)
+/-
(%)
1996-97 $850,000 $1,401,728 218
In addition of his salary, got $600,000 from the NY Islanders for winning the Calder Trophy per a clause in his contract.
Source: The Hockey News 1996-97 Yearbook / Guide Hockey RDS / Associated Press
1997-98 $850,000 $1,369,680 259
Includes base salary, signing bonus and bonuses paid in 1997-98.
Source: The Hockey News / Associated Press
1998-99 $850,000 $1,348,758 302
Source: Associated Press / The Hockey News
1999-00 $1,500,000 $2,329,151 180 $650,000 76%
Includes base salary, signing/reporting bonus, and deferred income paid in 1999-2000.
Source: The Hockey News / Associated Press
2000-01 $0 $0 761 ($1,500,000) -100%
He had a NHL contract for $1,800,000, according to the Associated Press, for that season but ended up not playing and not receiving his salary. After an eye injury late in the 1999-2000 season, he collected $6,000,000, tax free, from his disability insurance policy and $300,000 from his NHLPA/NHL career-ending insurance policy, thinking that his career was over.
Source: Bryan Berard on Spittin' Chiclets podcast / Associated Press
2001-02 $2,000,000 $2,921,556 161 $2,000,000 19999999999900%
To resume his NHL career, he returned the $6,000,000 disability insurance he had collected after his eye injury.
Source: Bryan Berard on Spittin' Chiclets podcast / NBCSports
2002-03 $850,000 $1,222,265 438 ($1,150,000) -58%
2003-04 $2,510,000 $3,529,227 164 $1,660,000 195%
2004-05 NHL lockout year: Season cancelled - no NHL salary paid.
2005-06 $2,000,000 $2,648,984 149
2006-07 $2,500,000 $3,207,748 136 $500,000 25%
Source: NHLPA
2007-08 $725,000 $904,449 501 ($1,775,000) -71%
Source: NHLPA
2009-10 $0 $0 726
Found out that he had been defrauded by Phil Kenner, his financial advisor, who was found guilty in 2015 of stealing millions from former NHL players. Berard estimates that he lost $3M that will never be recovered.
Source: Bryan Berard on Spittin' Chiclets podcast / National Post
2014-15 $0 $0 770
Berard got into litigation with his former insurance company, seeking an $18M payout (benefits, interest and penalties) claiming that he did not have to return the $6M in disability insurance he had received in 2000 and returned when he made his comeback. Berard claimed that the original insurance polity did not include language requiring him to repay the insurance money if he was to play again and that this language was added without his knowledge. The Court eventually ruled in favor of the insurance company.
Source: NY Post / NY Daily News / NBCSports / Sporting News
2018-19 $0 $0 1143
Berard filed a lawsuit against the NHL, for unspecified damages, claiming it failed to protect him from brain injuries during his career.
Source: Sporting News
Total:
US$14,635,000

In today's dollars:
US$20,883,546
NHL Rank:
806

In today's dollars:
746

Interesting animated bar chart race showing that 36 players and 1 commissioner appeared, in the past 25 years, in the yearly Top Ten NHL/hockey fortunes accumulated. Jaromir Jagr is #1 in total hockey earnings since 2002-03 and will be taken over in 2-3 years by Crosby and Ovechkin. How is your 401k/RSSP doing?

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