What Is P.K. Subban’s Net Worth?
P.K. Subban, the dynamic former Canadian professional ice hockey defenseman, has accumulated a net worth of approximately $35 million. This financial standing is primarily attributed to his successful 13-year NHL career, lucrative endorsement deals, and strategic media ventures.
P.K. Subban’s Career Earnings and Contract Details
Subban’s career earnings are estimated at $80 million in salary alone. A significant portion of this came from an eight-year, $72 million contract he signed with the Montreal Canadiens in 2014. This contract boasted an average annual salary of $9 million, positioning him as one of the highest-paid defensemen in the NHL at the time. The Montreal Canadiens paid Subban, and later, after being traded in 2016, The Nashville Predators assumed the responsibility of this contract. In 2019, Subban was traded to the New Jersey Devils, where he completed the final years of the contract.
Before his substantial NHL contract, P.K. Subban signed a three-year entry-level contract with the Montreal Canadiens in 2009, marking his transition from junior hockey to professional play. Although specific financial details of this initial contract are not publicly available, such entry-level contracts typically involve a base salary, potential performance bonuses, and allowances for living expenses. These contracts serve as a starting point for young players entering the NHL, allowing them to gain experience and prove their value to the team.
While with the Nashville Predators, P.K. Subban played a vital role in their Stanley Cup Final run in 2017. During this time, the Predators honored the remaining terms of his existing contract, ensuring he received the agreed-upon $9 million annual salary. This financial stability allowed Subban to focus on his performance and contribute significantly to the team’s success.
During his tenure with the New Jersey Devils from 2019 until his retirement, Subban’s contract continued to provide him with a substantial income. Despite his debut season being statistically his worst, he still earned the full $9 million annual salary stipulated in his contract. This consistent income stream, coupled with his career earnings and endorsements, solidified his position as one of hockey’s wealthiest players.
Early Life and Career Beginnings
Pernell-Karl Sylvester Subban was born on May 13, 1989, in Toronto, Ontario, Canada, and spent his childhood in the Rexdale neighborhood. His parents, Karl and Maria, who emigrated from the Caribbean in the 1970s, raised him along with his siblings Natasha, Nastassia, Jordan, and Malcolm. Two of his siblings, Jordan and Malcolm, also pursued careers in the NHL.
Subban’s junior hockey career began with the Ontario Hockey League’s (OHL) Belleville Bulls. In his rookie season of 2005-06, he recorded 12 points in 52 games. He significantly improved in the subsequent season, tallying 56 points in 68 games. His performance continued to improve, and in the season after that, he scored 46 points in just 58 games, helping the Bulls reach the J. Ross Robertson Cup Finals. In his final junior season of 2008-09, Subban achieved a personal best of 76 points in 56 games.
NHL Career Highlights
Subban’s NHL journey began in February 2010 when he received his first call-up to the Montreal Canadiens. He marked his debut by scoring his first NHL point against the Philadelphia Flyers. Shortly after, he participated in the Stanley Cup playoff series with the Canadiens, advancing through the first, second, and third rounds before ultimately losing to the Flyers.
In March 2011, Subban made history as the first rookie defenseman on the Canadiens to score a hat-trick in a game. His standout performance led to winning the James Norris Memorial Trophy and being named to the NHL First All-Star Team in 2013. During the 2013-14 season, he played all 82 games and played a key role in the Canadiens reaching the Eastern Conference Finals.
In June 2016, Subban was traded to the Nashville Predators. In his first season with the team, he recorded 10 goals and 40 points in 66 games. He further contributed to the Predators qualifying for the Stanley Cup playoffs as the Western Conference’s last wild card spot, ultimately helping the team reach the Finals against the Pittsburgh Penguins, where they lost in six games.
June 2019 marked Subban’s trade to the New Jersey Devils. During his time with the team, he played against his former teams, the Canadiens and the Predators. However, his debut season with the Devils was statistically his worst professional season ever, as he scored just 18 points in 68 games.
Throughout his NHL career, P.K. Subban consistently demonstrated exceptional on-ice performance, contributing to both offensive plays and defensive strategies. His contributions extended beyond point accumulation, influencing team dynamics and earning him recognition as one of the league’s most impactful players.
International Playing Career
Outside of the NHL, Subban frequently represented Canada on the world stage. In 2008, he participated in the World Junior Ice Hockey Championships in the Czech Republic, where he helped his team win its fourth consecutive gold medal by defeating Sweden in the final. The following year, Subban once again represented Canada at the World Juniors in Ottawa, securing his team’s fifth consecutive gold medal, again by defeating Sweden.
In 2014, Subban was part of the Canadian national team at the Winter Olympics in Sochi, Russia, where he earned a gold medal over Sweden in the tournament final.
P.K. Subban’s Philanthropic Endeavors
Off the ice, Subban has been actively involved in philanthropic causes. In 2015, he pledged to raise $10 million for the Montreal Children’s Hospital by 2022, marking the largest commitment to the hospital by an athlete in Canadian history. Following this, he organized a charity event with Air Canada at the hospital leading up to the winter holiday. In recognition of his work, Subban received the Meritorious Service Cross (Civil Division). Subban also launched the Blue Line Buddies initiative to foster better relationships between inner-city youth and law enforcement. The program brings together police officers, kids, and guests for hockey games and dinners.
P.K. Subban’s commitment to philanthropy not only showcased his generosity but also significantly enhanced his public image, contributing to his marketability and endorsement opportunities. His dedication to charitable causes resonated with fans and organizations, further solidifying his reputation as a role model beyond the hockey arena.
Personal Life and Real Estate Investments
In June 2018, Subban began dating American Olympic skier Lindsey Vonn, and they got engaged on Christmas day in 2019. However, they split up one year later. Subban and Vonn remain friends and are both members of the ownership group of Angel City FC, a National Women’s Soccer League team in Los Angeles.
In April 2020, Lindsey and P.K. jointly purchased a home in Beverly Hills for $6.75 million, indicating a significant investment in real estate. However, in May 2021, they sold the home for $6.9 million, resulting in a modest profit on the sale. The Beverly Hills home features five bedrooms, six bathrooms, a large backyard with a pool, a home theater, and a gym.
Subban’s real estate ventures, including the Beverly Hills property, reflect his strategic approach to asset management and investment diversification. While the specific details of his broader investment portfolio remain private, it is likely that he has diversified his holdings to ensure long-term financial stability.
P.K. Subban: Endorsements, Media Work, and Brand Building
Over the course of his career, Subban has become known for his energetic playing style as well as his brash, lively personality. Additionally, he is recognized for his savvy fashion sense, often appearing in natty designer suits and accessories. Due to this, he serves as the spokesperson for the RW-CO line of suits.
Subban’s role as an ESPN analyst further boosts his income and public profile. Though the specific financial terms of his ESPN contract are confidential, sports analysts of his stature typically earn substantial salaries, reflecting their expertise and on-air presence.
P.K. Subban’s Net Worth: Summary
In summary, P.K. Subban’s $35 million net worth is the result of his NHL earnings, strategic investments, and endorsement deals. His career decisions, combined with his marketability and media presence, have solidified his financial success.