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Hockey Fortune: $23,409,361

Description

Paul Coffey’s net worth / earnings / salary history: Earned US $23,409,361 (US $47,475,420 in today's dollars), ranking #678 in NHL / hockey career earnings.

Birthdate: June 1, 1961
Country of birth: Canada
Position: D
NHL Draft:
Salary History - Paul Coffey
All amounts in US$ unless otherwise noted.
Season   Earnings
(US$)
In today's
US$
Rank
1980-81 $94,050 $345,683
Amount in Canadian currency: $110,000.
Signed 3-year, two-way contract with Edmonton plus 1 option year: CAN$60k, CAN$70K, and following 2 seasons to be arbitrated. Was to make $35,000 in the minors but played only in the NHL and earned his full NHL salary. Also got a bonus a CAN$50,000 that season.
Source(s): Copy of contract
1981-82 $70,890 $236,170
Amount in Canadian currency: $85,000.
Was to make $35,000 in the minors but played only in the NHL and earned his full NHL salary. Also got a bonus a CAN$15,000 that season.
Source(s): Copy of contract
1982-83 $89,210 $280,018
Amount in Canadian currency: $110,000.
Prior to the season, was awarded $100,000 per year for two seasons by an arbitrator. Was seeking $150,000 while the team was offering $85,000. Also got a bonus of CAN$10,000 that season.
Source(s): The Sporting News
1983-84 $81,100 $246,638
Amount in Canadian currency: $100,000.
Signed a six-year contract with the Edmonto Oilers, starting in 1984-85, for CAN$320,000 per season. (Earned $85,000 according to La Presse.)
Source(s): The Sporting News
1984-85 $250,900 $731,590
Amount in Canadian currency: $325,000.
On August 31, 1984, signed a five-year contract with the Edmonton Oilers for $320,000 per season. The contract also had a $15,000 bonus if the team won the Stanley Cup in 1984-85, which they did.
Source(s): The Sporting News
1985-86 $234,240 $659,583
Amount in Canadian currency: $320,000.
Source(s): The Sporting News
1986-87 $230,400 $636,695
Amount in Canadian currency: $320,000.
(Earned $C 315,000 according to another edition of The Hockey News.)
Source(s): The Sporting News
1987-88 $320,000 $853,089
Went on strike when the seaon started, wanting to renegotiate his contract which still had two years left at $320,000 with the Edmonton Oilers. The team suspended him and he wasn't paid while sitting out the first 21 games, losing $84,000. He reportedly refused an Oilers four-year contract extension offer for $3M, that included an Edmonton apartment block, claiming that he didn't want real estate. On November 24, was traded to the Pittsburgh Penguins and signed a five-year contract, starting in 1988-89 with a salary escalating from $410,000 to $520,000. In 1987-88, ended up earing his full $320,000 salary as they Penguins reimbursed him the $80,000 he lost in salary when sitting out for 21 Oilers' games. (Earned $300,000 according to the book No One Wins Alone - A Memoir and $325,000 according to another edition of The Sporting News.)
Source(s): The Sporting News / Sports Illustrated
1988-89 $410,000 $1,050,135
Source(s): The Sporting News
1989-90 $450,000 $1,099,500 18
Source(s): Canadian Press
1990-91 $900,000 $2,086,407 8
Prior to the season, signed a five-year, one-way contract with the Pittsburgh Penguins for $6M.
Source(s): The Hockey News / Canadian Press / UPI
1991-92 $1,000,000 $2,224,099 15
1992-93 $1,100,000 $2,374,501 24
Amount includes salary and any signing bonus paid in 1992-93.
Source(s): The Hockey News / La Presse / Book: The Last Good Year
1993-94 $1,300,000 $2,725,806 33
Includes base salary and any signing bonus and deferred payments allocated to the 1993-94 season.
Source(s): The Hockey News / Book: The Last Good Year
1994-95 $828,571 $1,693,255 63
Because of the lockout, his NHL salary of $1,450,000 was prorated for the 48-game season.
Source(s): Guide Hockey 1995-1996 / Book: The Last Good Year
1995-96 $3,600,000 $7,156,057 12
Source(s): La Presse
1996-97 $2,600,000 $5,020,975 36
Source(s): La Presse / Guide Hockey RDS
1997-98 $2,600,000 $4,906,180 47
Includes base salary, signing bonus and bonuses paid in 1997-98.
Source(s): The Hockey News
1998-99 $2,500,000 $4,645,421 75
Includes base salary, signing bonus, bonuses paid in 1998-99, and deferred income paid in 1998-99.
Source(s): The Hockey News
1999-00 $2,500,000 $4,545,864 82
Includes base salary, signing/reporting bonus, and deferred income paid in 1999-2000.
Source(s): The Hockey News / The Sports Forecaster
2000-01 $2,250,000 $3,957,753 113
Includes base salary, bonuses paid in 2000-01, and deferred income paid in 2000-01. Retired as a pro-hockey player after the season.
Source(s): The Hockey News
Career Total: US $23,409,361
(In today's dollars: US $47,475,420)

NHL Rank: 678
(In today's dollars: 413)

Contract(s) (click to enlarge)