Sidney Crosby is a professional hockey player for the Pittsburgh Penguins of the National Hockey League (NHL). Nicknamed “Sid the Kid”, Crosby recently completed his twelfth season with the Penguins where he helped lead the team to yet another NHL Stanley Cup championship. Originally from Canada, Crosby was drafted first overall by the Penguins in the 2005 NHL draft and has remained with the team ever since. His career earnings for the Penguins is close to the nine figure range. This has helped Sidney Crosby’s net worth skyrocket over the years. As of 2017, Sidney Crosby’s net worth sits at $50 million.
Crosby was born in 1987 in the province of Nova Scotia in Canada. At just 29 years old, Crosby has garnered accolades thus far in his career that many could only dream of. Sidney has helped the Penguins win three Stanley Cup championships since his arrival, most recently back to back for the 2015-2016 and 2016-2017 seasons. He led the NHL in goals scored this past season which isn’t surprising considering he has totaled nearly 400 goals during his twelve season NHL career. In addition to his NHL success, Crosby has also helped lead team Canada to back to back gold medals in the 2010 and 2014 Winter Olympics.
When Sidney first got drafted back in 2005, his first contract was worth $11 million for three years. The Penguins quickly recognized the great player he would become and in 2007 he signed a five year contract worth over $8 million a year. His top play continued, and knowing that they didn’t want to lose their franchise player, the Penguins signed Crosby to a 12 year $104 million contract in 2012. If Sidney plays out the remaining contract he has with Pittsburgh, he will have earned more than $150 million for his NHL career. To put that in perspective, the highest paying contract that NHL great Wayne Gretzky earned during his hall of fame career was a two year deal for $13 million in the late 1990’s.
The majority of Sidney Crosby’s net worth comes from his professional hockey earnings with the Penguins and team Canada; however, his top-notch play has led to numerous endorsements that have helped increase it further. It is estimated that Crosby’s current endorsement deals pay him more than $4 million annually. At the time of signing his endorsement with Rebook, it was the largest endorsement deal for any professional hockey player. Coming off his second straight Stanley Cup championship, Sidney Crosby’s net worth should continue to increase significantly through further endorsements along with his future career earnings.
Upon getting drafted by the Penguins in 2005, Sidney lived with Penguin great Mario Lemieux for five years before purchasing his own place. Crosby is very active in the community and in 2009 he created the Sidney Crosby Foundation that benefits children. At under six feet tall and 200 pounds, Crosby isn’t the biggest of hockey players, but he sure is one of the best.
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
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