- The average NHL salary is $3.5 million per year.
- The NHL salary cap is $83.5 million for the 2023-24 campaign.
- The minimum wage is $750,000 for the 2023-24 season.
The maximum salary cap is $83.5 million for the 2023-24 campaign, and the average NHL salary is just over $3.5 million.Â
NHL betting isn’t directly impacted by how much players make, but it’s interesting to see where certain individuals stand in earnings.Â
Last season, the NHL salary cap came in at $82.5 million, leading to a $1 million increase for this season.Â
How Much Do NHL Players Make?
While the average salary is $3.5 million, the minimum wage is $750,000, slightly up from $700,000 in 2020-21.Â
The next boost comes in 2025-26, when the minimum wage is scheduled to reach $800,000.
Many players plying their trade in the AHL with one-way contracts earn the NHL minimum wage, as they’re paid the same salary whether they suit up for their designated AHL or NHL team.Â
Highest NHL Salaries
| Player | Team | Average Yearly Salary |
| Nathan MacKinnon | Colorado Avalanche | $12.6 million |
| Connor McDavid | Edmonton Oilers | $12.5 million |
| Artemi Panarin | New York Rangers | $11.64 million |
| Auston Matthews | Toronto Maple Leafs | $11.64 million |
| Erik Karlsson | Pittsburgh Penguins | $11.5 million |
| David Pastrnak | Boston Bruins | $11.25 million |
| John Tavares | Toronto Maple Leafs | $11 million |
| Drew Doughty | Los Angeles Kings | $11 million |
| Mitchell Marner | Toronto Maple Leafs | $10.9 million |
| Jonathan Huberdeau | Calgary Flames | $10.5 million |
NHL Betting at BetMGM
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