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NHL/Hockey Fortune: $23,909,361

Description

Paul Coffey’s net worth / earnings / salary history: Earned US $23,909,361 (US $53,478,716 in today's dollars), ranking #782 in NHL / hockey career earnings.

Birthdate: June 1, 1961
Country of birth: Canada
Position: D
NHL Draft:
Salary History - Paul Coffey
All amounts in US$ unless otherwise noted.
Season   Earnings
(US$)
In today's
US$
Rank
1980-81 $94,050 $381,632
Amount in Canadian currency: $110,000.
Signed 3-year, two-way contract with Edmonton plus 1 option year: CAN$60k, CAN$70K, and following 2 seasons to be arbitrated. Was to make $35,000 in the minors but played only in the NHL and earned his full NHL salary. Also got a bonus a CAN$50,000 that season.
Source(s): Copy of contract
1981-82 $70,890 $260,730
Amount in Canadian currency: $85,000.
Was to make $35,000 in the minors but played only in the NHL and earned his full NHL salary. Also got a bonus a CAN$15,000 that season.
Source(s): Copy of contract
1982-83 $89,210 $309,138
Amount in Canadian currency: $110,000.
Prior to the season, was awarded $100,000 per year for two seasons by an arbitrator. Was seeking $150,000 while the team was offering $85,000. Also got a bonus of CAN$10,000 that season.
Source(s): The Sporting News
1983-84 $81,100 $272,288
Amount in Canadian currency: $100,000.
Signed a six-year contract with the Edmonto Oilers, starting in 1984-85, for CAN$320,000 per season. (Earned $85,000 according to La Presse.)
Source(s): The Sporting News
1984-85 $250,900 $807,672
Amount in Canadian currency: $325,000.
On August 31, 1984, signed a five-year contract with the Edmonton Oilers for $320,000 per season. The contract also had a $15,000 bonus if the team won the Stanley Cup in 1984-85, which they did.
Source(s): The Sporting News
1985-86 $234,240 $728,176
Amount in Canadian currency: $320,000.
Source(s): The Sporting News
1986-87 $230,400 $702,908
Amount in Canadian currency: $320,000.
(Earned $250,000 or $C 315,000 according other editions of The Hockey News.)
Source(s): The Sporting News
1987-88 $320,000 $941,806
Went on strike when the seaon started, wanting to renegotiate his contract which still had two years left at $320,000 with the Edmonton Oilers. The team suspended him and he wasn't paid while sitting out the first 21 games, losing $84,000. He reportedly refused an Oilers four-year contract extension offer for $3M, that included an Edmonton apartment block, claiming that he didn't want real estate. On November 24, was traded to the Pittsburgh Penguins and signed a five-year contract, starting in 1988-89 with a salary escalating from $410,000 to $520,000. In 1987-88, ended up earing his full $320,000 salary as they Penguins reimbursed him the $80,000 he lost in salary when sitting out for 21 Oilers' games. (Earned $300,000 according to the book No One Wins Alone - A Memoir and $325,000 according to another edition of The Sporting News.)
Source(s): The Sporting News / Sports Illustrated / La Presse / The Hockey News
1988-89 $410,000 $1,159,344
(Earned US $485,000 according to La Presse.)
Source(s): The Sporting News
1989-90 $450,000 $1,213,842 18
One-way contract. (Earned $500,000 according to another edition of The Hockey News.)
Source(s): The Hockey News / Canadian Press
1990-91 $900,000 $2,303,383 9
In October 1990, signed a five-year, one-way contract with the Pittsburgh Penguins for $6M.
Source(s): The Hockey News / Canadian Press / UPI
1991-92 $1,100,000 $2,700,933 14
Base salary of $1M plus a $100,000 bonus from the Pittsburgh Penguins for breaking Denis Potvin's record for points for defensemen. Includes base salary plus any portion of signing bonus or deferred income allocated to this season.
Source(s): The Hockey News / Toronto Star
1992-93 $1,100,000 $2,621,437 23
Amount includes salary and any signing bonus paid in 1992-93.
Source(s): The Hockey News / La Presse / Book: The Last Good Year
1993-94 $1,300,000 $3,009,276 33
Includes base salary and any signing bonus and deferred payments allocated to the 1993-94 season.
Source(s): The Hockey News / Book: The Last Good Year
1994-95 $828,571 $1,869,345 62
Because of the lockout, his NHL salary of $1,450,000 was prorated for the 48-game season.
Source(s): Guide Hockey 1995-1996 / Book: The Last Good Year
1995-96 $3,600,000 $7,900,249 12
Source(s): La Presse
1996-97 $2,600,000 $5,543,130 36
One-way contract.
Source(s): The Gazette / La Presse / Guide Hockey RDS
1997-98 $2,600,000 $5,416,397 49
One-way contract. Includes base salary, signing bonus and bonuses paid in 1997-98.
Source(s): The Gazette / The Hockey News
1998-99 $2,900,000 $5,949,083 58
The Gazette
Source(s): The Hockey News
1999-00 $2,500,000 $5,018,610 84
Includes base salary, signing/reporting bonus, and deferred income paid in 1999-2000.
Source(s): The Hockey News / The Sports Forecaster
2000-01 $2,250,000 $4,369,338 114
Includes base salary, bonuses paid in 2000-01, and deferred income paid in 2000-01. Retired as a pro-hockey player after the season.
Source(s): The Hockey News
Career Total: US $23,909,361
(In today's dollars: US $53,478,716)

NHL Rank: 782
(In today's dollars: 474)

Contract(s) (click to enlarge)