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Former 2nd Overall Pick Nolan Patrick Retires from hockey (maybe?)


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https://www.dailyfaceoff.com/news/nolan-patrick-officially-retires-from-hockey-at-age-25

 

Unfortunately his short career was riddled with injuries. I know most, if not everyone here would've wanted the Canucks to draft him if he was available. I feel bad for him but lucky we have Pettersson.

Edited by Integra250
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  • Integra250 changed the title to Former 2nd Overall Pick Nolan Patrick Retires from hockey
3 hours ago, Fanuck said:

25yo, 4 or 5 years living the dream,  several million dollars in the bank, I know his dream is over now and that's sad, but If he's healthy he's got his whole life ahead of him and many,  many opportunities to pursue. 

 

4 hours ago, Bounce000 said:

Meanwhile we’re all retiring in our 70s 😞

 

Why do people say stuff like this? Even if they have money, the consequences of an injury career can be devastating to the person. Feelings of failure are likely commonplace. Add in the prospect of drugs (to cure an injury), a few million dollars is not really that much nowadays. (I highly doubt he even has 3 million, given the short career that he had). He is likely just a regular guy at this point with a better known name.

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37 minutes ago, PureQuickness said:

 

 

Why do people say stuff like this? Even if they have money, the consequences of an injury career can be devastating to the person. Feelings of failure are likely commonplace. Add in the prospect of drugs (to cure an injury), a few million dollars is not really that much nowadays. (I highly doubt he even has 3 million, given the short career that he had). He is likely just a regular guy at this point with a better known name.

Capfriendly says he earned over 13mil in his career, your saying he doesn't even have 3mil left?  Let's be real, he's not E.Kane.  

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1 hour ago, Fanuck said:

Capfriendly says he earned over 13mil in his career, your saying he doesn't even have 3mil left?  Let's be real, he's not E.Kane.  

 

$13MM may be his gross earnings, but from that he pays agents fees, income taxes, personal trainers etc.  Still would earn a reasonable amount but would need to invest wisely if he wants it to last for decades.

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11 minutes ago, Singing Chef said:

 

$13MM may be his gross earnings, but from that he pays agents fees, income taxes, personal trainers etc.  Still would earn a reasonable amount but would need to invest wisely if he wants it to last for decades.

Yup. All of those things, plus escrow too easily take 60% off the top....which leaves approx. 5 large, but he had to live on his earnings while he played too...so even if that was only a couple hun G's per year, that'd take close to another 2M off of his career gross earnings....he may have socked away a couple of mill (or more, maybe even less), if so hopefully he had good investment advice and took it, otherwise that money wouldn't last long and he'll end up in the work pool like the rest of us, until he dies haha

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A bit of looking around and I see that the pension is based on how many games you were on the roster-so injury time seems to count towards the pension.

This site

https://gavingroup.ca/pension-calculator/

provides a calculator and, as an example, it shows Patrick would get $72,875 per year-after he turns 62---- based on 222 games.

however, if the injury time does count Nolan has played in 4 seasons. So about 328 games(4x82)

which would bump the pension to $106,000 per year, at age 62

 

He last played in 2021-22

 

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9 hours ago, Singing Chef said:

 

$13MM may be his gross earnings, but from that he pays agents fees, income taxes, personal trainers etc.  Still would earn a reasonable amount but would need to invest wisely if he wants it to last for decades.

Plus the lifestyle these guys often live ... it really depends on how much he put away ... 3 million untouched with a house, if he doesn't want to work again, he won't have to. 

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2 hours ago, IBatch said:

Plus the lifestyle these guys often live ... it really depends on how much he put away ... 3 million untouched with a house, if he doesn't want to work again, he won't have to. 

I am assuming NHL players are insured heavily against long term disability. An assumption on my part. Particularly true in Patrick's case as his injury problems began in junior. 

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2 hours ago, IBatch said:

Plus the lifestyle these guys often live ... it really depends on how much he put away ... 3 million untouched with a house, if he doesn't want to work again, he won't have to. 

As much as people might think the power/leverage has swung too far towards the players, it wasn't always that way.  One can argue *one* of the best defensemen of all time, Doug Harvey, ended up at one point homeless & sleeping in an abandoned railway car (he battled inner demons as well).  He had joined Gordie Howe's attempt to unionize (where like Howe, ended up banished to the Rangers as "punishment").

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1 minute ago, NewbieCanuckFan said:

As much as people might think the power/leverage has swung too far towards the players, it wasn't always that way.  One can argue *one* of the best defensemen of all time, Doug Harvey, ended up at one point homeless & sleeping in an abandoned railway car (he battled inner demons as well).  He had joined Gordie Howe's attempt to unionize (where like Howe, ended up banished to the Rangers as "punishment").

Salary disclosure was an eye opener.   Players were for sure getting boned.   

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  • Integra250 changed the title to Former 2nd Overall Pick Nolan Patrick Retires from hockey (maybe?)

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