Jake Guentzel Salary

Last Modified Apr 15, 2024 09:37 GMT
Jake Guentzel
Jake Guentzel Image Source: Getty Images

Jake Guentzel embarked on his National Hockey League (NHL) career with the Pittsburgh Penguins in 2016 after being drafted in 2013. In his first season playing for the Pittsburgh Penguins, Jake Guentzel showed his scoring prowess, as he played a big part in helping the Penguins win the Stanley Cup. Guentzel's impact only grew in subsequent seasons, earning him a contract extension in 2018.

However, in 2024, Guentzel's journey with the Penguins ended as he was traded to the Carolina Hurricanes, signaling the end of an era for the talented forward. The trade marked a significant transition for both Guentzel and the Penguins organization, as they parted ways after years of successful collaboration.

What is Jake Guentzel's salary?

For the 2023-24 season, Jake Guentzel will be earning a base salary of $6,000,000, with the Penguins retaining 25% of this amount for the remainder of the season.

However, Guentzel was traded to the Carolina Hurricanes in a significant move during the 2023-24 NHL season. Guentzel, known for his competitiveness and talent, had signed a substantial 5-year contract with the Penguins, totaling $30,000,000 with an annual average salary of $6,000,000 in December 2018.

The trade also involved defenseman Ty Smith heading to the Hurricanes. In exchange, the Penguins received forwards Michael Bunting, Ville Koivunen, Vasily Ponomarev, Cruz Lucius, and conditional draft picks. The Carolina Hurricanes' general manager, Don Waddell, was excited about getting Jake Guentzel on their team, as they aimed to make their team stronger and increase their chances of winning the Stanley Cup.

Jake Guentzel’s Salary History

Jake Guentzel's salary history provides insight into his earnings trajectory throughout his NHL career. Starting in the 2019-20 season at the age of 25, Guentzel commanded a base salary of $7,000,000, which gradually decreased to $5,000,000 in the 2020-21 season before rising again to $7,000,000 in the 2021-22 season.

In the subsequent season of 2022-23, his base salary reverted to $5,000,000. However, his final contracted season with the Pittsburgh Penguins in 2023-24 increased his salary to $6,000,000. Guentzel's salary structure featured no signing bonuses or incentives, with his cap hit consistently maintained at $6,000,000. Over the years, his total yearly cash earnings fluctuated, reaching a peak of $7,000,000 and dipping as low as $1,319,388.

FAQ's On Jake Guentzel Salary

A. Jake Guentzel's salary for the 2023-24 NHL season stands at $6,000,000.

A. Jake Guentzel's journey with the Pittsburgh Penguins ended in 2024 when he was traded to the Carolina Hurricanes.

A. Jake Guentzel's salary history with the Pittsburgh Penguins varied, starting at $7,000,000 in the 2019-20 season and fluctuating over subsequent seasons.

 A. Jake Guentzel's contract with the Pittsburgh Penguins was a 5-year deal worth $30,000,000, with an annual average salary of $6,000,000 and no signing bonuses or incentives.

A. Jake Guentzel was traded to the Carolina Hurricanes to bolster their lineup and increase their chances of winning the Stanley Cup during the 2023-24 NHL season.

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