With 11 years under his belt with Pittsburgh and multiple Canadian Olympic hockey events under his belt, Sidney Crosby has had a successful career and a substantial amount of wealth. His great success in the hockey world leave many wondering, what is Sidney Crosby’s net worth?
Sidney Crosby’s Profile:
Net worth in 2016: $45 million
Profession: NHL Player
Age: 29
Source Of Wealth: Playing hockey
Residence: Sewickley, Pennsylvania
Citizenship: Canadian Citizen
Marital Status: Single
Education: Shattuck-Saint Mary’s
Sidney Crosby’s Career
Sidney Crosby was born on August 7, 1987 in Halifax, Nova Scotia (Canada). His jersey number (87) and his contract signing ($8.7 million per year) both reflect his birth date (8/7/87). He grew up in Cole Harbour with his younger sister Taylor. You might say that hockey runs deep in the veins of Sidney Crosby as his father was a goaltender for the Verdun Junior Canadians in the Quebec Major Junior Hockey League. When he was 15, Sidney Crosby transferred to Shattuck-Saint Mary’s School in Minnesota to play for the school’s hockey team, which is well-known in the hockey world for producing great hockey players.
Crosby was drafted into the NHL by the Pittsburgh Penguins in 2005 and on October 5 of that year he made his NHL debut in a match against the New Jersey Devils. He began his first season with the NHL playing alongside Mario Lemieux, an infamous hockey player.
In 2007 Crosby signed a $43.5 million contract with the Penguins. This contract ensured that he would stay a member of the team through the 2012-13 season. Since Crosby has been a member of the team they have gone to 10 playoff games and won two Stanley Cups, which makes his pricey contract well worth it.
With Crosby’s incredible success in hockey and his contract numbers in mind, let’s take a look at Sidney Crosby’s net worth.
Sidney Crosby’s Net Worth
Sidney Crosby’s overall net worth is $45 million. His annual salary totals at about $12 million per year. He also earned approximately $4.5 million in endorsements with Gatorade, Rogers Communications, CCM, Tim Hortons, Upper Deck, Verizon and Frameworth. His endorsements accompanied by his regular playing salary made him the fourth-highest paid hockey player in the NHL during the 2015-16 season.
Shortly before the 2015-16 season, Adidas signed a seven-year deal with the NHL to replace Reebok as the league’s uniform provider. The deal with Adidas will begin the 2017-18 season. The company then went on to sign a six-year deal with Crosby. It is said that the endorsement deal is worth as much as $1.5 million per year. This deal will add to Crosby’s annual salary, however, this doesn’t mean much for Crosby.
His net worth won’t likely continue to climb. Like many athletes, his net worth will cease to grow once his career is over. He just turned 29 years old, however, most athletes begin to look at retiring in their 30s and 40s. In the upcoming season Crosby is taking a salary cut (from $12 million to $10.9 million). Many athletes struggle to continue on after they are no longer performing the sport they spent years with. Although Crosby’s financial future is still relatively uncertain, he has been contracted with the Penguins until the year 2025.
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Photo: Flickr: Joey Gannon
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