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NHL Fortune: $105,679,024

Description

Ilya Kovalchuk’s net worth / earnings / salary history. He made US $105,679,024 (US $127,524,369 in today's dollars), ranking #13 in NHL / hockey career earnings.

Country of birth: Russia
Position: F
NHL Draft:
  • Year: 2001
  • Round #1
  • Overall Pick: 1
  • By: Atlanta Thrashers

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Salary History
All amounts in US$ unless otherwise noted.
Season   Salary
(US$)
In today's
US$
NHL
Rank
+/-
(US$)
+/-
(%)
2001-02 $1,130,000 $1,724,962 302
2002-03 $1,130,000 $1,698,015 337
Does not include signing bonuses, performance bonuses and deferred payments.
Source: La Presse
2003-04 $1,130,000 $1,660,356 353
2004-05 NHL lockout year: Season cancelled - no NHL salary paid.
2004-05 $3,000,000 $4,293,202 3 $1,870,000 165%
With Kazan Ak-Bars of the Russian Superleague to play for the whole season.
Source: Sports Illustrated
2005-06 $6,500,000 $8,996,620 13 $5,370,000 475%
2006-07 $5,000,000 $6,704,202 35 -$1,500,000 -23%
Source: NHLPA
2007-08 $5,500,000 $7,170,107 38 $500,000 10%
Source: NHLPA
2008-09 $7,500,000 $9,415,931 14 $2,000,000 36%
Source: NHLPA
2009-10 $7,500,000 $9,449,287 14
Source: NHLPA
2010-11 $6,000,000 $7,437,403 48 -$1,500,000 -20%
In mid-July 2010, as a free agent, signed a 17-year contract with the New Jersey Devils for $102M: $6M in 2010-11 and 2011-12; $11.5M per year from 2012-13 to 2016-2017; $10.5M in 2017-18; $8.5M in 2018-19; $6.5M in 2019-20; $3.5M in 2020-21; $750,000 in 2021-22; and $550,000 per season from 2022-23 to 2026-27. The agreement was rejected by the NHL based on circumvention of the Collective Bargaining Agreement. The NHL's rejection was subsequently upheld in arbitration after the NHLPA filed a grievance on Kovalchuk's behalf. On September 4, 2010, as a free agent, signed a 15-year contract with the New Jersey Devils for $100M ($90M in the first ten years and $10M in the last five years.)
Source: NHLPA / NHL / ESPN
2011-12 $6,000,000 $7,209,923 52
Source: NHLPA
2012-13 $6,439,024 $7,580,767 8 $439,024 7%
Because of the lockout, his NHL salary of $11,000,000 was prorated for the 48-game season. Voluntarily retired from the NHL after the 2012-13 season, forfeiting the 12 years and $77 million remaining on his contract with the New Jersey Devils.
Source: NHLPA / Forbes
2013-14 $10,300,000 $11,950,936 6 $3,860,976 60%
With St. Petersburg SKA in the Kontinental Hockey League (KHL). Might have also earned bonuses. According to Forbes, he signed a 4-year agreement with SKA St. Petersburg for $4.4 million per season. According to SovSport, he earned between $15M and $20M/year, some of it possibly paid off book to remain under the KHL salary cap.
Source: Sports.ru
2014-15 $4,400,000 $5,023,739 160 -$5,900,000 -57%
With SKA St. Petersburg of the Kontinental Hockey League (KHL). According to SovSport, he earned between $15M and $20M/year, some of it possibly paid off book to remain under the KHL salary cap.
Source: Forbes
2015-16 $4,400,000 $5,017,804 181
With SKA St. Petersburg of the Kontinental Hockey League (KHL). According to SovSport, he earned between $15M and $20M/year, some of it possibly paid off book to remain under the KHL salary cap.
Source: Forbes
2016-17 $5,500,000 $6,194,117 114 $1,100,000 25%
Earned 330 million rubles as base salary with the St. Petersburg SKA in the Kontinental Hockey League (KHL). Based on the 2016 exchange rate of 60 rubles per $. According to Forbes, he earned $4.4M. According to SovSport, he earned between $15M and $20M/year, some of it possibly paid off book to remain under the KHL salary cap.
Source: Russian sports news site Sportfakt
2017-18 $5,500,000 $6,064,989 128
With SKA St. Petersburg of the Kontinental Hockey League (KHL). Estimated minimum salary based on documented 2016-17 salary.
Source: HockeyZonePlus
2018-19 $8,500,000 $9,149,576 28 $3,000,000 55%
July 1, 2018: Signed 3-year deal with Los Angeles for $18.75M
Source: NHLPA / Los Angeles Times
2019-20 $6,000,000 $6,343,581 103 -$2,500,000 -29%
Base salary of $700,000 plus $2.65M bonus paid on September 15, 2019 and $2.65M bonus paid on December 15, 2019 by the Los Angeles Kings. The Kings terminated his contract in mid-December 2019 and he became a free agent. In early January 2020, he signed a two-way contract with the Montreal Canadiens for $700,000 in the NHL and $70,000 in the AHL. On February 23, 2020, he was traded to Washington. As part of the deal, the Canadiens accepted to pay 50% of his remaining salary, meaning that the Capitals only paid approximately $78,000 in salary for Kovalchuk to play until the end of the season and the playoffs.
Source: NHLPA / Los Angeles Times / Pierre LeBrun / Montreal Gazette
2020-21 $4,250,000 $4,438,852 183 -$1,750,000 -29%
Source: NHLPA
Due to the Covid-19 pandemic, the NHL played a 56-game season instead of 82. Base salaries were not pro-rated but 10% of $4,250,000 was deferred and payable in three yearly payments, starting in October 2022, without interests. Escrow for the season was increased to 20% and performance bonuses were pro-rated (amounts and targets to reach).
Career Total: US $105,679,024
(In today's dollars: US $127,524,369)

NHL Rank: 13
(In today's dollars: 13)

Interesting animated bar chart race showing that 36 players and 1 commissioner appeared, from 1995 to 2020, in the yearly Top Ten NHL/hockey career earnings with Jaromir Jagr standing as #1 in total hockey earnings since 2002-03. How is your 401k/RSSP doing?

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