New York Islanders Five Fun Facts About Josh Bailey Extension
Every Point Earned Him $86,000 Raise
Let’s do some math. I know math isn’t always fun, but trust me this is going to be fun. Or maybe even maddening. It depends on where you sit on the fence in relation to Josh Bailey being good at hockey or not. (For the record, he is).
With his $30 million six-year deal, Josh Bailey effectively got a $1.7 million raise per year on his previous deal. I know that’s not exactly how the money works on the deal, but with a former $3.3 million AAV and a $5 million AAV going into next season, it’s the most digestible way to calculate his raise.
We can safely say that Bailey didn’t start earning the consideration for a sizeable raise, if any, until the 2016-17 season, when he was paired with John Tavares and Anders Lee on the top line. By the end of that season, he had a career-high 56 points. Add his 62 points from this year heading to free agency and we all knew Bailey was getting paid.
What he got was a cool $30 million over six years, or $1.7 million extra each year. Which is a total of $10.2 million over the length of his deal. Doing some basic math here’s what each assist and goal got him:
Total raise: $10.2 million
Points scored to justify raise: 118
That means each point earned him $86,440.68
He earned $2,420,339 from scoring 28 goals.
His 90 assists earned him $7,779,661.