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Phil Kessel has become known a consistent goal scorer in the NHL, and a key player for the Pittsburgh Penguins. The 29-year-old right winger helped the team win a Stanley Cup last season with one goal and three assists in the Stanley Cup Final against the San Jose Sharks, and four goals in the Eastern Conference Final against the Tampa Bay Lightning.
With the 2016-17 postseason upon us, it looks like he’ll play a crucial role in another playoff run. Kessel started this postseason with a top-shelf wrist shot and an assist to help the Penguins clinch a 3-1 win against the Columbus Blue Jackets in Game 1 of the Eastern Conference First Round.
“Phil has had an ability to elevate his game and be at his best when the stakes are high,” Penguins coach Mike Sullivan told NHL.com. “He’s continuing in that vein. He’s an elite player, and when he plays the game a certain way, he has the ability to change outcomes.”
As Kessel hopes to lead the Penguins to back-to-back Stanley Cup wins, we take a look at his previous contracts, current salary and net worth:
1. Kessel Has a Net Worth Estimated at $59 Million
Although the three-time NHL All Star’s net worth cannot be verified, The Richest pegs it around $59 million.
In addition to playing for the Penguins, Kessel has played for the Boston Bruins (2006-2009) and Toronto Maple Leafs (2009-2015). He has also represented the United States in international competition since 2004, winning a Gold Medal at the 2005 World Junior Championships and a Bronze Medal at the 2010 Olympic Games.
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2. As a Rookie, Kessel Signed an Entry-Level Contract Worth $850,000
Kessel was selected fifth overall in the 2006 NHL Draft by the Boston Bruins. He was signed to a three-year, entry-level contract worth the rookie maximum of $850,000.
Just 27 games into his rookie season, Kessel’s family announced that he was hospitalized for a reason unrelated to hockey. It was soon confirmed that Kessel was diagnosed with a rare form of testicular cancer, and had surgery on Dec. 11, 2006. Less than a week later, Kessel was announced cancer-free.
Following his surgery, the right winger was assigned to the Providence Bruins, Boston’s American Hockey League (AHL) affiliate for conditioning. On January 9, he returned to Boston’s line-up after missing just 11 regular season games.
Following Phil’s rookie season, 2006–07, he became the first NHL rookie awarded the Bill Masterton Memorial Trophy. The trophy is awarded annually to the NHL player who best exemplifies the qualities of perseverance, sportsmanship, and dedication to ice hockey. The winner is selected by the Professional Hockey Writers’ Association after each team nominates one player in competition.
3. In 2009, Kessel Signed a 5-Year, $27 Million Contract with the Leafs
On September 18, 2009, the Bruins traded Kessel to the Toronto Maple Leafs in exchange for a 2010 first-round pick (Tyler Seguin), a 2010 second-round pick (Jared Knight) and a 2011 first-round pick (Dougie Hamilton).
The Leafs signed Kessel to a five-year, $27 million contract.
In 2011, Kessel posted his third consecutive 30-goal season, joining the company of eight other NHL players, including top-earners Sidney Crosby, and Alex Ovechkin.
He carried that momentum into the 2011-12 season, scoring his first hat-trick as a Maple Leaf and hitting the 30-goal mark for the fourth-straight year.
He finished the season with new career-highs: 37 goals and 82 points.
4. Kessel Signed a $64 Million Contract Extension in 2013
In 2013, Kessel signed an eight-year $64,000,000 contract with the Toronto Maple Leafs, including a $22,500,000 signing bonus. At the time, it was one of the top-15 total salaries, as well as one of the top-10 cap hits in the league.
In six seasons with the Maple Leafs, Kessel led Toronto in goals five times, scoring at least 30 goals four times. He posted 181 goals and 394 points in 446 games with the Leafs before being traded to the Penguins.
In a blockbuster deal involving six players and draft picks, the Penguins acquired Kessel from the Maple Leafs on July 1, 2015.
Following this season, he will have five years remaining on his contract that pays him $8 million per season.
5. Kessel Will Earn a Salary Around $9 Million in 2016-17
This season, Kessel will earn a base salary of $7,000,000 and a signing bonus of $2,000,000, while carrying a cap hit of $6,800,000, according to Spotrac.
As far as his endorsement earnings, Forbes reported the amount was around $250,000 in 2013.
Kessel helped form one of the top lines during the second half of the 2015-16 season – the “HBK Line.” Kessel, along with Carl Hagelin and Nick Bonino led the team in production. The trio contributed a combined 46 points and 20 goals in the 2016 playoffs.
Kessel finished tied for third in the NHL with 10 playoff goals and fourth in scoring with 22 points.
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is a contributor to Heavy covering news, sports and entertainment. Olivia is a multi-faceted reporter who has worked with a variety of media outlets including Fox Sports, Tampa Media Group and PBS. Follow her on Twitter @Olivia_Stacey. Olivia can be reached at firstname.lastname@example.org.
April 18, 2017 4:00 pm