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Smart Money

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Smart Money

June 30, 2020

How NHL Players Spend Their Money

Smart Money

Our clients have listened to us preach for more than two decades that cash flow management is the cornerstone for financial independence. When savings targets are established, and a plan is in place to achieve those goals, the player and their family can confidently determine their spending priorities. In consideration of this, we analysed a sample of players to aggregate their outflows and identity how the average player spends their money. These findings are summarized in the exhibit and it may serve as a template or budget for current and future NHLers.

NHL Cash Flow Exhibit

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Gavin Hockey Wealth Specialists
Air Canada Centre, 50 Bay Street, Suite 1444, Toronto M5J 3A5
416-861-1998