Mike Richards
Hockey Fortune:
$53,544,273
Description
Mike Richards’s net worth / earnings / salary history: Earned US $53,544,273 (US $73,850,082 in today's dollars), ranking #219 in NHL / hockey career earnings. Currently under contract for US $3,800,000 for a projected hockey fortune of US $57,344,273 .
Birthdate: February 11, 1985Country of birth: Canada
Position: C
NHL Draft:
- Year: 2003
- Round #1
- Overall Pick: 24
- By: Philadelphia Flyers
|
Did you know that Gary Bettman has accumulated the largest NHL fortune with $167M? Info about the franchise value evolution and ownership history of NHL/hockey teams. |
| Salary History - Mike Richards All amounts in US$ unless otherwise noted. |
|||
| Season | Earnings (US$) |
In today's US$ |
Rank |
| 2005-06 | $942,400 | $1,517,182 | 354 |
| 2006-07 | $942,400 | $1,469,768 | 392 |
| Source(s): NHLPA | |||
| 2007-08 | $942,400 | $1,429,008 | 396 |
| Source(s): NHLPA | |||
| 2008-09 | $5,400,000 | $7,885,555 | 63 |
| Prior to the season, signed a twelve-year contract with the Philadelphia Flyers for $69M. | |||
| Source(s): NHLPA / Sportsnet | |||
| 2009-10 | $5,600,000 | $8,206,582 | 62 |
| Source(s): NHLPA | |||
| 2010-11 | $6,400,000 | $9,227,552 | 41 |
| Source(s): NHLPA | |||
| 2011-12 | $6,600,000 | $9,224,860 | 39 |
| Source(s): NHLPA | |||
| 2012-13 | $4,917,073 | $6,733,428 | 16 |
| Because of the lockout, his NHL salary of $8,400,000 was prorated for the 48-game season. | |||
| Source(s): NHLPA | |||
| 2013-14 | $7,600,000 | $10,256,868 | 17 |
| Source(s): NHLPA | |||
| 2014-15 | $7,000,000 | $9,296,274 | 31 |
| Source(s): NHLPA | |||
| 2015-16 | $2,300,000 | $3,050,882 | 345 |
| On June 29, 2015, the Los Angeles Kings terminated his contract, which had $22M on five years remaining, for a material breach of his Standard Player's Contract after he was arrested at the US-Canada border for possession of oxycodone. The NHLPA files a grievance and on October 9, 2015, it was announced that a settlement had been reached with the team where he would be paid $10.5M over 17 years ($1.8M in 2015-16; $250,000 per year from 2016-17 to 2019-20; $700,000 in 2020-21; $900,000 in 2021-22 and 2022-23; $700,000 in 2023-24 and 2024-25; $600,000 per year from 2025-26 to 2028-29; $500,000 in 2029-30 and 2031-32; and $400,000 in 2031-32) and would become a free agent. On January 5, 2016, as a free agent, signed a one-year contract with the Washington Capitals for a $1M annual salary to be pro-rated to approximately $500,000 to finish the season. Earned his $1.8M settlement plus $500,000 salary. Retired as a pro-hockey player after the season. | |||
| Source(s): USA Today / Los Angeles Times / Sportsnet | |||
| 2016-17 | $250,000 | $327,486 | 800 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2017-18 | $250,000 | $320,659 | 830 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2018-19 | $250,000 | $313,010 | 1138 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2019-20 | $250,000 | $307,440 | 972 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2020-21 | $700,000 | $850,386 | 910 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 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 $700,000 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 | $900,000 | $1,044,133 | 701 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2022-23 | $900,000 | $966,724 | 734 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2023-24 | $700,000 | $722,284 | 990 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2024-25 | $700,000 | $700,000 | 1036 |
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
|
Career Total: US $53,544,273 (In today's dollars: US $73,850,082 ) NHL Rank: 219 (In today's dollars: 212) |
|||
| Under Contract | |||
| 2025-26 | $600,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2026-27 | $600,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2027-28 | $600,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2028-29 | $600,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2029-30 | $500,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2030-31 | $500,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
| 2031-32 | $400,000 | ||
| Payment from his 2015-16 settlement with the Los Angeles Kings. | |||
| Source(s): Sportnet | |||
|
Under contract for: US $3,800,000 Projected fortune at end of contract: US $57,344,273 |
|||