Chris Pronger breaks down that NHL players don't really make as much as it appears

Long-time NHL defenseman Chris Pronger recently set up a Twitter account, and he has been trying his best to be informative to both players and fans around the game of hockey. Pronger recently made a huge thread explaining just how much hockey players make, and it seems that the hefty contracts that some players sign may not be as huge as fans think they are.

Most of the time, fans will see a player sign a 5-year, $6 million contract and think that he definitely made it, but Pronger breaks down that it's not all going straight home to the player.

The first place that some of the money goes is that escrow gets taken out of every check. On average it's about 10%, so what is escrow? This is the money that the NHL withholds from players just in case the 50% revenue share in the league is not met. Players likely never see this money again, so that $6 million turns to about $5.4 million.

After that, there is Federal taxes, which accounts for about 37% of the paycheck. That knocks roughly $2 million more off of a player's salary. Then local tax has to be accounted for too, which on average is about 8%, taking off another $432,000.

NHLers also have some extra expenses that most people don't have including agents (3%/$162,000), Chiropractors, masseuses, and trainers ($20k/per year), and nutritionists ($60k/year). After taking all of these expenses into consideration, Pronger found that players making $6 million a year would only be netting a little less than $2.6 million. Now, this is still a ton of money, but it is only 43% of the total number. It's quite the interesting perspective that Pronger explained, and he seems interested in posting more stories similar to this.

When you hear about X player making $30M over 5 years ($6M/yr) you think wow he made it. However that is not always the reality, in this thread I am going to break down how much they take home and where the rest of it goes.— Chris Pronger (@chrispronger) April 13, 2022

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