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NHL Fortune: $864,985

Description

Tim Horton’s net worth / earnings / salary history. He made US $864,985 (US $6,367,030 in today's dollars), ranking #3460 in NHL / hockey career earnings.

Birthdate: January 12, 1930

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Salary History
All amounts in US$ unless otherwise noted.
Season   Salary
(US$)
In today's
US$
NHL
Rank
+/-
(US$)
+/-
(%)
1949-50 $3,000 $34,057
With the Pittsburgh Hornets, in the American Hockey League. His first season playing pro-hockey.
Source: Book: Tim Horton: From Stanley Cups to Coffee Cups
1950-51 $3,000 $33,689
Estimated minimum compensation playing the whole season with the Pittsburgh Hornets, in the American Hockey League, based on his documented salary in 1949-50.
Source: HockeyZonePlus
1951-52 $3,000 $31,237
Estimated minimum compensation playing 4 NHL and 64 AHL games, based on his documented salary in 1949-50.
Source: HockeyZonePlus
1952-53 $7,147 $72,762
Contract in Canadian currency: $7,000. Sgned a one-year, two-way contract with the Toronto Maple Leafs for CAN$7,000 in the NHL and CAN$5,000 in the minors. Played the whole season in the NHL. (Earned $8,000 according to the book Hockey Night in Canada.)
Source: Copy of contract
1953-54 $8,136 $82,181
Contract in Canadian currency: $8,000. Signed a one-year, one-way contract with the Toronto Maple Leafs for CAN$8,000.
Source: Copy of contract
1954-55 $8,216 $82,711
Contract in Canadian currency: $8,000. Estimated salary based on documented salaries for 1953-54 and 1955-56.
Source: HockeyZonePlus
1955-56 $9,126 $92,112
Contract in Canadian currency: $9,000. Signed a one-year, one-way contract with the Toronto Maple Leafs for CAN$9,000. Bonuses included $ 1,000 if he made the NHL 1st All Star Team and $ 500 for the 2nd Team. Did not earn the bonuses,
Source: Copy of contract
1956-57 $9,144 $90,935
Contract in Canadian currency: $9,000. Estimated salary based on documented salaries for 1955-56 and 1957-58. Was to get a $ 500 bonus if he got 30 points which he didn't.
Source: HockeyZonePlus
1957-58 $9,387 $90,328
Contract in Canadian currency: $9,000. Had a CAN$9,000 base salary plus bonuses: $ 1,000 for making the NHL 1st All Star Team and $ 500 for the Second Team. Did not earn the bonuses.
Source: Summary of contract
1958-59 $10,300 $96,469
Contract in Canadian currency: $10,000. Had a CAN$9,000 base salary plus bonuses: $ 1,000 for making the NHL 1st or 2nd All Star Team; $ 1,000 for finishing top 6 in Norris trophy selection; $ 500 if the team made the playoffs; $ 500 if recommended by the coach. Earned $ 500 for making the playoffs and it is assumed that he was recommended by the coach for another $ 500.
Source: Summary of contract
1959-60 $13,038 $120,893
Contract in Canadian currency: $12,500. Had a CAN$10,500 base salary plus bonuses: $ 1,000 if the team finished in 1st place; $ 500 for second place; $ 350 for 3rd place; $ 150 for 4th place; $ 500 if he got 30 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games. Earned $ 1,000 for finishing 1st, $ 500 for scoring over 30 points, and $ 500 for the positive team goal differential.
Source: Summary of contract
1960-61 $13,403 $122,476
Contract in Canadian currency: $13,000. Had a CAN$12,000 base salary plus bonuses: $ 250 if the team finished in 1st place; $ 500 if he got 33 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team made the Cup FInal; $ 500 if the team won the Stanley Cup. Earned $ 500 for the positive team goal differential and $ 500 with a second place finish in the standings.
Source: Summary of contract
1961-62 $14,805 $133,884
Contract in Canadian currency: $15,000. Had a CAN$14,000 base salary plus bonuses: $ 500 if the team finished in 1st place; $ 500 if he got 33 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team won the Stanley Cup. Earned $ 500 for the positive team goal differential and $ 500 for winning the Stanley Cup.
Source: Summary of contract
1962-63 $18,486 $165,182
Contract in Canadian currency: $19,750. Had a CAN$17,250 base salary plus bonuses: $ 1,000 if the team finished in 1st place; $ 500 if he got 35 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team made the Cup FInal; $ 500 if the team won the Stanley Cup. Earned $ 1,000 for the 1st place finish, $ 500 for the positive team goal differential, $ 500 for making the final and $ 500 for winning the Stanley Cup.
Source: Summary of contract
1963-64 $18,540 $163,663
Contract in Canadian currency: $20,000. Estimated salary based on documented salary for 1962-63 and 1965-66. Opened the first Tim Horton Doughnut Shop in Hamilton, Ontario, Canada
Source: HockeyZonePlus
1964-65 $18,540 $161,553
Contract in Canadian currency: $20,000. Estimated salary based on documented salary for 1962-63 and 1965-66.
Source: HockeyZonePlus
1965-66 $23,200 $199,015
Contract in Canadian currency: $25,000. Prior to the season, signed a three-year contract with the Toronto Maple Leafs for $75,000 overall.
Source: Book: The Red Kelly Story
1966-67 $23,200 $193,250
Contract in Canadian currency: $25,000.
Source: Book: The Red Kelly Story
1967-68 $28,737 $232,842
Contract in Canadian currency: $31,000. Had a base salary of $28,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team. Earned $ 3,000 for being on the 1st team.
Source: Copy of agreement / Book: '67
1968-69 $44,544 $346,183
Contract in Canadian currency: $48,000. Base salary of $45,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team; $ 1,000 for making the playoffs. Earned $ 3,000 for being on the 1st team.
Source: Book: Tim Horton: From Stanley Cups to Coffee Cups / Book: '67 / Copy of agreement
1969-70 $78,036 $575,058
Contract in Canadian currency: $84,000. Unhappy with his salary, he announced his retirement before the season to force the Maple Leafs to renegotiate a new contract. Ultimately, he signed a contract with the Toronto Maple Leafs for $84,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team. Did not earn any bonus. (Earned $90,000 according to the Book: Tim Horton: From Stanley Cups to Coffee Cups)
Source: Copy of agreement / Book: Brian McFarlane History of Hockey / Book: '67
1970-71 $100,000 $696,291
Source: The Sporting News
1971-72 $100,000 $667,572
On September 3, 1971, signed a one-year contract with the Pittsburgh Penguins estimated to be in the $100,000 area, which was the largest contract ever given by the Penguins at the time.
Source: Observer-Reporter
1972-73 $150,000 $969,512
Source: Book: Tim Horton: From Stanley Cups to Coffee Cups
1973-74 $150,000 $913,176
He passed away on February 21, 1974
Source: Book: Tim Horton: From Stanley Cups to Coffee Cups
Career Total: US $864,985
(In today's dollars: US $6,367,030)

NHL Rank: 3460
(In today's dollars: 1702)

Contract(s) (click to enlarge)

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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