Everyone wonders how much the people in their favorite fields are making. We mostly wonder how much the maximum salary is made, but there is a lower average. In this article, let’s find out the minimum salary the NHL offers to its players. Interesting enough?
The Lowest NHL Salary
All the people want to make a lot of money in a shorter period. The NHLPA and the NHL collectively make sure that the players are fairly treated and have enough compensation for their efforts; therefore, the salaries are fixed in a certain way.
NHL maps out the lowest salary that is given to the players for each year. The collective bargaining agreement has mandated that the lowest pay for 2021 – 2022 is $750,000. NHL has a salary cap according to which the players’ salaries are determined. When there is a rise in the salary cap, there is a rise in the NHL’s pay. The Collective Bargaining Agreement between the NHL and the NHLPA sets the minimum salaries of the players for any year.
Here is a table showing the lowest salaries the NHL will be offering for the respective years:
|2025 – 2026||$800,000 USD|
|2024 – 2025||$775,000 USD|
|2023 – 2024||$750,000 USD|
|2022 – 2023||$750,000 USD|
|2021 – 2022||$750,000 USD|
Who makes the League Minimum?
Following are some of the players in the NHL who are currently receiving the lowest salaries:
|List of the Players Making the Lowest Salaries||Belong to (Team)|
Most of the players who make the lowest salaries in the NHL have rookie contracts, or they are journeyman players or veterans on their last contract.
Examples of the players making the lowest salaries on their rookie contracts are Carter Hart, Samuel Girard, and Frederik Gauthier. Rookies are the players starting their careers now and want to gain experience and make their names. They also play on lower salaries.
The veteran players who are now playing the last games of their careers and receiving lesser salaries are Joe Thornton, Patrick Marleau, and Jason Spezza. These veteran players have already played a lot of hockey and have also been highly paid. Now, they either want to keep playing for some more time or get a chance to win the Stanley Cup once more.
Other players, too, are making the lowest salaries in the NHL. These are the players who are not yet qualified enough to be the regular NHL players and are also overqualified for the minors. Some of them are Tobias Reider, Curtis Lazar, and Daniel Carr.
How many Players in the NHL make the League Minimum?
The list of players making the league minimum in the NHL keeps on changing, but currently, almost 9% of the players make the league minimum in the NHL. This makes about 98 players out of the total 700 players.
This high ratio of players making league minimum is mainly attributed to the COVD 19 pandemic, due to which the salary cap remained flat. Therefore, more players received the league minimum. Before the COVID, 68 players were receiving the league minimum.
What is the Discrepancy between League Minimum and Maximum?
In hockey, the people at the top of the tier make the most money, just like all the other professions. The maximum salary that can be offered to the players is 20% of the salary cap. Therefore, the maximum salary that a player can get is 16.3 million dollars!
Currently, John Tavares and Austin Matthews are receiving the highest salaries of $15.9 million. Teams can play different salaries to the players in different years. And the lowest salary, as discussed above, is $750,000. A huge difference! The three highly paid players in the NHL make the combined salary of the 65 lowest-paid players.
NHL League Minimum Versus Other Sports
|The lowest salary is dependent on experience. A player with no experience gets $898,320.||The NFL offers a minimum yearly salary of $480,000.||The MLB offered the minimum baseball player’s salary as $555,000 in 2019.|
The Bottom Line on What is the Lowest Salary in the NHL?
In conclusion, this is a brief overview of the lowest salaries that the NHL offers and the players making this league minimum, along with the determination of salaries and their reasons.