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Hockey Fortune: $1,662,463

Description

Frank Mahovlich’s net worth / earnings / salary history: Earned US $1,662,463 (US $11,139,517 in today's dollars), ranking #3048 in NHL / hockey career earnings.

Birthdate: January 10, 1938
Salary History - Frank Mahovlich
All amounts in US$ unless otherwise noted.
Season   Earnings
(US$)
In today's
US$
Rank
1954-55 $2,999 $34,032
Amount in Canadian currency: $2,920.
Prior to the season, as a 16 year-old, joined the Toronto Maple Leafs organization for a $1,000 signing bonus and $1,000 to sign the C Form. Advised that the maximum legal amount to sign the C Form was $100, the money was given to his uncle as "scouting expenses." Also earned $80 per week playing junior for approximately $1,920 for the season.
Source(s): Book: The Lives of Conn Smythe
1955-56 $1,947 $22,151
Amount in Canadian currency: $1,920.
Earned $80 per week playing junior for approximately $1,920 for the season.
Source(s): Book: The Lives of Conn Smythe
1956-57 $1,951 $21,868
Amount in Canadian currency: $1,920.
Earned $80 per week playing junior for approximately $1,920 for the season.
Source(s): Book: The Lives of Conn Smythe
1957-58 $12,516 $135,765
Amount in Canadian currency: $12,000.
Signed a two-year, one-way contract with the Toronton Maple Leafs for CAN $10,000 per season. Also got a CAN $2,000 signing bonus.
Source(s): Copy of contract / Book: The Lives of Conn Smythe / Book: '67
1958-59 $10,300 $108,746
Amount in Canadian currency: $10,000.
Signed a three-year, one-way contract with the Toronton Maple Leafs for CAN$15,000 per season and bonuses: $500 for 30 goals / $750 for 35 goals / $1000 for 40 goals. Team was also matching bonuses received from the NHL for winning awards. Scored 18 goals and did not earn a bonus.
Source(s): Copy of contract
1959-60 $15,645 $163,535
Amount in Canadian currency: $15,000.
Includes $1,000 bonus for scoring 48 goals.
Source(s): Copy of contract
1960-61 $16,496 $169,923
Amount in Canadian currency: $16,000.
Includes $500 bonus for scoring 33 goals.
Source(s): Copy of contract
1961-62 $15,299 $155,954
Amount in Canadian currency: $15,500.
Source(s): Copy of contract
1962-63 $24,898 $250,787
Amount in Canadian currency: $26,600.
Signed a four-year, one-way contract with the Toronto Maple Leafs for CAN$25,000 per season with bonuses: $500 if Toronto got 14 or more points than Montreal; $500 for scoring 25 goals; and $100 per goal over 25. Scored 36 goals, earning a $1,600 bonus.
Source(s): Copy of contract / The Hockey News / Book: '67 / Book: Boom Boom: The Life and Times of Bernard Geoffrion / The Sporting News
1963-64 $23,731 $236,149
Amount in Canadian currency: $25,600.
Scored 26 goals, earning a $600 bonus.
Source(s): Copy of contract / The Hockey News / Book: Gordie / The Sporting News
1964-65 $23,175 $227,641
Amount in Canadian currency: $25,000.
Source(s): Copy of contract / The Hockey News / The Sporting News
1965-66 $23,826 $230,400
Amount in Canadian currency: $25,675.
Scored 32 goals, earning a $675 bonus.
Source(s): Copy of contract / The Hockey News / The Sporting News
1966-67 $33,315 $312,824
Amount in Canadian currency: $35,900.
Signed a one-year, one-way contract with the Toronto Maple Leafs for CAN$30,000. Bonuses: $2,000 for reaching the Stanley Cup final and $2,000 for winning the Stanley Cup; $200 per goal in the playoffs; $2,000 if the team finishes 1st in the league, $1,500 second, $1,000 third, and $500 fourth; $2,500 if team's best goal scorer; $1,000 if team's second best scorer; $100 per goal over 15 during the regular season; $200 per goal over 30 during the regular season; $1,000 for scoring 30 goals; and a subjective $2,500 bonus if the team feels that he had a good year. Scored 3 goals in the playoffs as the team won the Stanley Cup, earning a $4,600 bonus. Also earned a $1,000 bonus as the team finished 3rd overall in the NHL standing. Was the team's 4th goal scorer, with 18, earning a $300 bonus. (According to the book The Lively World of Hockey, signed a 1-year contract for CAN$35,000.)
Source(s): Copy of contract / 50 Years Ago in Hockey
1967-68 $33,465 $305,656
Amount in Canadian currency: $36,100.
Signed a two-year, one-way contract with the Toronto Maple Leafs for CAN$35,000. Bonuses: $2,500 for reaching the Stanley Cup final and $2,500 for winning the Stanley Cup; $250 per playoff goal; $2,500 if the team finishes 1st in the league, $2,000 second, $1,500 third, and $1,00 fourth; $2,500 if team's 1st of 2nd in points scoring; $100 per goal over 15 during the regular season; $250 per goal over 30 during the regular season; $1,000 for scoring 30 goals; and a subjective $2,500 bonus if the team feels that he had a good year. Was traded to Detroit during the season and did not make the playoffs. Scored 26 goals, earning a $1,100 bonus. (According to the book '67, had a base salalry of $32,000. According to 50 Years Ago in Hockey, his contract was for around $40,000)
Source(s): Copy of contract
1968-69 $42,500 $372,333
After being traded to the Detroit Red Wings during the previous season, signed a one-year, one-way contract with the Red Wings for $40,000. Bonuses: $2,500 for reaching the Stanley Cup playoffs; $2,500 per round won; $2,500 for winning the Stanley Cup; $1,000 if scores 20 goals; $1,500 for 25 goals; $2,500 for 30 goals. Scored 49 goals, earning a $2,500 bonus.
Source(s): Copy of contract
1969-70 $53,400 $443,593
Signed a two-year, one-way contract with the Red Wings for $45,000. Bonuses: $2,500 if the team finished 3rd of better in the NHL standing; $2,000 if scores 25 goals; $150 per goal between 26 and 35; $2,000 for 36 goals; $200 per goal between 37 and 41; $2,500 for 42 goals; $250 per goal from 42 to 50; $5,000 for 50 goals; $300 for each goal over 50. Earned bonuses of $2,500 as the team finished 3rd overall, and $5,900 for scoring 38 goals.
Source(s): Copy of contract
1970-71 $47,900 $375,969
Earned bonus of $2,900 for scoring 31 goals. According to the book Hockey Night Fever: Mullets, Mayhem and the Game's Coming of Age in the 1970s, after being traded from Detroit to Montreal, in the middle of the season, he signed a contract for $60,000 with Montreal.
Source(s): Copy of contract
1971-72 $85,437 $642,940
Amount in Canadian currency: $86,300.
Signed a one-year, one-way contract with the Montreal Canadiens for CAN$80,000. Bonuses: $200 per goal over 30, including the playoffs; $2,000 if in top 10 NHL goal scorers during the regular season; $50 per + point over +20; $1,500 if Canadiens are the lowest scored against team in the division; and another $1,500 if the team is the lowest scored against team in the NHL. Scored 46 goals in season/playoffs, earning a $3,200 bonus plus $2,000 for being a top 10 NHL scorer plus $1,100 for finishing +42.
Source(s): Copy of contract
1972-73 $102,414 $746,183
Amount in Canadian currency: $101,500.
Signed a two-year, one-way contract with the Montreal Canadiens for CAN$80,000 and CAN$90,000. Bonuses: $2,500 if in top 7 NHL goal scorers during the regular season; $2,500 if the Canadien get 100 point or more in the regular season; and $2,500 if he scored 50 goals in the regular season/playoffs. Earned a $2,500 bonus as Montreal got 120 points. Like all players on the roster, got a CAN$19,000 bonus for winning the Stanley Cup with the Montreal Canadiens.
Source(s): Copy of contract / Book: Robinson for Defense
1973-74 $90,000 $617,635
Amount in Canadian currency: $90,000.
Did not earn any of the bonuses. (Earned $125,000 according to the book The Greatest Season)
Source(s): Copy of contract
1974-75 $255,500 $1,578,805
Amount in Canadian currency: $250,000.
Prior to the season, signed a four-year contract with the Toronto Toros, of the World Hockey Association, for $1M after turning down an offer for a yearly salary of $170,000 from the Montreal Canadiens. (Earned #225,000 according to another edition of La Presse / According to the books La glorieuse histoire des Canadiens and 100 moments historiques des Canadiens, he turned down a contract offer of $135,000 per year from the Montreal Canadiens to sign for five years at $225,000 per season with the Toros.)
Source(s): Book: Les Nordiques / Book: The Hot Line / The Sporting News / Puckstruck / La Presse
1975-76 $245,750 $1,391,305
Amount in Canadian currency: $250,000.
With the Toronto Toros in the World Hockey Association.
Source(s): Book: The Hot Line/ Puckstruck
1976-77 $250,000 $1,338,517
With the Birmingham Bulls in the World Hockey Association.
Source(s): Book: The Hot Line / Puckstruck
1977-78 $250,000 $1,256,806
With the Birmingham Bulls in the World Hockey Association. (Earned $165,000 or $225,000 according to diferent editions of The Sporting News.) Retired as a pro hockey player after the season.
Source(s): Book: The Hot Line / Puckstruck
Career Total: US $1,662,463
(In today's dollars: US $11,139,517)

NHL Rank: 3048
(In today's dollars: 1454)

Contract(s) (click to enlarge)