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Hockey Fortune: $864,985

Description

Tim Horton’s net worth / earnings / salary history: Earned US $864,985 (US $7,177,336 in today's dollars), ranking #3818 in NHL / hockey career earnings.

Birthdate: January 12, 1930
Country of birth: Canada
Position: D
Salary History - Tim Horton
All amounts in US$ unless otherwise noted.
Season   Earnings
(US$)
In today's
US$
Rank
1949-50 $3,000 $38,391
With the Pittsburgh Hornets, in the American Hockey League. His first season playing pro-hockey.
Source(s): Book: Tim Horton: From Stanley Cups to Coffee Cups
1950-51 $3,000 $37,977
Estimated minimum compensation playing the whole season with the Pittsburgh Hornets, in the American Hockey League, based on his documented salary in 1949-50.
Source(s): HockeyZonePlus
1951-52 $3,000 $35,212
Estimated minimum compensation playing 4 NHL and 64 AHL games, based on his documented salary in 1949-50.
Source(s): HockeyZonePlus
1952-53 $7,147 $82,022
Amount in Canadian currency: $7,000.
Sgned a one-year, two-way contract with the Toronto Maple Leafs for CAN$7,000 in the NHL and CAN$5,000 in the minors. Played the whole season in the NHL. (Earned $8,000 according to the book Hockey Night in Canada.)
Source(s): Copy of contract
1953-54 $8,136 $92,640
Amount in Canadian currency: $8,000.
Signed a one-year, one-way contract with the Toronto Maple Leafs for CAN$8,000.
Source(s): Copy of contract
1954-55 $8,216 $93,237
Amount in Canadian currency: $8,000.
Estimated salary based on documented salaries for 1953-54 and 1955-56.
Source(s): HockeyZonePlus
1955-56 $9,126 $103,835
Amount in Canadian currency: $9,000.
Signed a one-year, one-way contract with the Toronto Maple Leafs for CAN$9,000. Bonuses included $ 1,000 if he made the NHL 1st All Star Team and $ 500 for the 2nd Team. Did not earn the bonuses,
Source(s): Copy of contract
1956-57 $9,144 $102,508
Amount in Canadian currency: $9,000.
Estimated salary based on documented salaries for 1955-56 and 1957-58. Was to get a $ 500 bonus if he got 30 points which he didn't.
Source(s): HockeyZonePlus
1957-58 $9,387 $101,823
Amount in Canadian currency: $9,000.
Had a CAN$9,000 base salary plus bonuses: $ 1,000 for making the NHL 1st All Star Team and $ 500 for the Second Team. Did not earn the bonuses.
Source(s): Summary of contract
1958-59 $10,300 $108,746
Amount in Canadian currency: $10,000.
Had a CAN$9,000 base salary plus bonuses: $ 1,000 for making the NHL 1st or 2nd All Star Team; $ 1,000 for finishing top 6 in Norris trophy selection; $ 500 if the team made the playoffs; $ 500 if recommended by the coach. Earned $ 500 for making the playoffs and it is assumed that he was recommended by the coach for another $ 500.
Source(s): Summary of contract
1959-60 $13,038 $136,279
Amount in Canadian currency: $12,500.
Had a CAN$10,500 base salary plus bonuses: $ 1,000 if the team finished in 1st place; $ 500 for second place; $ 350 for 3rd place; $ 150 for 4th place; $ 500 if he got 30 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games. Earned $ 1,000 for finishing 1st, $ 500 for scoring over 30 points, and $ 500 for the positive team goal differential.
Source(s): Summary of contract
1960-61 $13,403 $138,063
Amount in Canadian currency: $13,000.
Had a CAN$12,000 base salary plus bonuses: $ 250 if the team finished in 1st place; $ 500 if he got 33 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team made the Cup FInal; $ 500 if the team won the Stanley Cup. Earned $ 500 for the positive team goal differential and $ 500 with a second place finish in the standings.
Source(s): Summary of contract
1961-62 $14,805 $150,923
Amount in Canadian currency: $15,000.
Had a CAN$14,000 base salary plus bonuses: $ 500 if the team finished in 1st place; $ 500 if he got 33 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team won the Stanley Cup. Earned $ 500 for the positive team goal differential and $ 500 for winning the Stanley Cup.
Source(s): Summary of contract
1962-63 $18,486 $186,204
Amount in Canadian currency: $19,750.
Had a CAN$17,250 base salary plus bonuses: $ 1,000 if the team finished in 1st place; $ 500 if he got 35 points in the regular season; $ 500 if the team scored more goals than allowed if he played more than 53 games; $ 500 if the team made the Cup FInal; $ 500 if the team won the Stanley Cup. Earned $ 1,000 for the 1st place finish, $ 500 for the positive team goal differential, $ 500 for making the final and $ 500 for winning the Stanley Cup.
Source(s): Summary of contract
1963-64 $18,540 $184,492
Amount in Canadian currency: $20,000.
Estimated salary based on documented salary for 1962-63 and 1965-66. Opened the first Tim Horton Doughnut Shop in Hamilton, Ontario, Canada
Source(s): HockeyZonePlus
1964-65 $18,540 $182,113
Amount in Canadian currency: $20,000.
Estimated salary based on documented salary for 1962-63 and 1965-66.
Source(s): HockeyZonePlus
1965-66 $23,200 $224,343
Amount in Canadian currency: $25,000.
Prior to the season, signed a three-year contract with the Toronto Maple Leafs for $75,000 overall.
Source(s): Book: The Red Kelly Story
1966-67 $23,200 $217,844
Amount in Canadian currency: $25,000.
Source(s): Book: The Red Kelly Story
1967-68 $28,737 $262,475
Amount in Canadian currency: $31,000.
Had a base salary of $28,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team. Earned $ 3,000 for being on the 1st team.
Source(s): Copy of agreement / Book: '67
1968-69 $44,544 $390,240
Amount in Canadian currency: $48,000.
Base salary of $45,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team; $ 1,000 for making the playoffs. Earned $ 3,000 for being on the 1st team.
Source(s): Book: Tim Horton: From Stanley Cups to Coffee Cups / Book: '67 / Copy of agreement
1969-70 $78,036 $648,243
Amount in Canadian currency: $84,000.
Unhappy with his salary, he announced his retirement before the season to force the Maple Leafs to renegotiate a new contract. Ultimately, he signed a contract with the Toronto Maple Leafs for $84,000 plus bonuses: $ 3,000 for being on the 1st NHL All Star Team; $ 1,500 for 2nd Team. Did not earn any bonus. (Earned $90,000 according to the Book: Tim Horton: From Stanley Cups to Coffee Cups)
Source(s): Copy of agreement / Book: Brian McFarlane History of Hockey / Book: '67
1970-71 $100,000 $784,905
Source(s): The Sporting News
1971-72 $100,000 $752,531
On September 3, 1971, signed a one-year contract with the Pittsburgh Penguins estimated to be in the $100,000 area, which was the largest contract ever given by the Penguins at the time.
Source(s): Observer-Reporter / The Society for International Hockey Research Newsletter
1972-73 $150,000 $1,092,898
(Earned $100,000-plus or $125,000 according to various editions of The Sporting News.)
Source(s): Book: Tim Horton: From Stanley Cups to Coffee Cups
1973-74 $150,000 $1,029,392
He passed away on February 21, 1974
Source(s): Book: Tim Horton: From Stanley Cups to Coffee Cups
Career Total: US $864,985
(In today's dollars: US $7,177,336)

NHL Rank: 3818
(In today's dollars: 1845)

Contract(s) (click to enlarge)