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Hockey Fortune: $150,720,893

Description

Alex Ovechkin’s net worth / earnings / salary history: Earned US $150,720,893 (US $187,688,003 in today's dollars), ranking #3 in NHL / hockey career earnings. Currently under contract for US $20,000,000 for a projected hockey fortune of US $170,720,893.

Birthdate: September 17, 1985
Country of birth: Russia
Position: LW
NHL Draft:
Salary History - Alex Ovechkin
All amounts in US$ unless otherwise noted.
Season   Earnings
(US$)
In today's
US$
Rank
2005-06 $984,200 $1,526,520 336
2006-07 $984,200 $1,478,814 372
Source(s): NHLPA
2007-08 $984,200 $1,437,804 381
During the 2007-08 season, signed a 13-year contract extension with the Washington Capitals for $124M, staring in 2008-09, paying him $9M/year for the first 6 seasons and $10M/year the following 7 seasons. He did not use an agent, negotiating directly with the owner and General Manager of the Caps.
Source(s): ESPN / NHLPA / The Globe and Mail / Sports Illustrated
2008-09 $9,000,000 $12,661,867 2
Source(s): ESPN / NHLPA / The Globe and Mail / Sports Illustrated
2009-10 $9,000,000 $12,706,721 2
Source(s): ESPN / NHLPA
2010-11 $9,000,000 $12,501,605 3
Source(s): ESPN / NHLPA
2011-12 $9,000,000 $12,119,232 5
Source(s): ESPN / NHLPA
2012-13 $5,268,293 $6,950,502 13
Because of the lockout, his NHL salary of $9,000,000 was prorated for the 48-game season.
Source(s): ESPN / NHLPA
2013-14 $9,000,000 $11,702,009 9
Source(s): ESPN / NHLPA
2014-15 $10,000,000 $12,794,627 8
Source(s): ESPN / NHLPA
2015-16 $10,000,000 $12,779,512 6
Source(s): ESPN / NHLPA
2016-17 $10,000,000 $12,620,307 8
Source(s): ESPN / NHLPA
2017-18 $10,000,000 $12,357,213 8
Source(s): ESPN / NHLPA
2018-19 $10,000,000 $12,062,443 10
Source(s): ESPN / NHLPA
2019-20 $10,000,000 $11,847,767 20
According to Forbes, he was the NHLer that earned the most in endorsements in 2019-20, ahead of McDavid and Crosby that each earned $3.5M.
Source(s): ESPN / NHLPA
2020-21 $10,000,000 $11,704,019 14
Source(s): ESPN / 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 $10,000,000 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).
2021-22 $5,000,000 $5,588,561 164
On July 27, 2021, signed a five-year contract with the Washington Capitals for $47.5M: $1M salary + $4M signing bonus / $1M salary + $9M signing bonus / $1M salary + $11.5M signing bonus / $5M salary + $6M signing bonus / $5M salary + $4M signing bonus.
Source(s): Pierre LeBrun / NHLPA
2022-23 $10,000,000 $10,348,480 12
$1M salary + $9M signing bonus
Source(s): Pierre LeBrun / NHLPA
2023-24 $12,500,000 $12,500,000 4
$1M salary + $11.5M signing bonus
Source(s): NHLPA / Pierre LeBrun
Career Total: US $150,720,893
(In today's dollars: US $187,688,003)

NHL Rank: 3
(In today's dollars: 4)
Under Contract
2024-25 $11,000,000
$5M salary + $6M signing bonus
Source(s): Pierre LeBrun
2025-26 $9,000,000
$5M salary + $4M signing bonus
Source(s): Pierre LeBrun
Under contract for: US $20,000,000

Projected fortune at end of contract: US $170,720,893