Sports How much do Toronto Maple Leafs owe Mike Babcock?

15:17  21 november  2019
15:17  21 november  2019 Source:   sportingnews.com

Want a Sweet Gig? Don’t Coach the Toronto Maple Leafs

  Want a Sweet Gig? Don’t Coach the Toronto Maple Leafs TORONTO — If there is one thing most hockey observers can agree on, it’s that coaching the Toronto Maple Leafs is a perilous job. Mike Babcock, who was fired on Wednesday after four-plus years with the team, was the sixth Leafs coach to be dismissed since 2006, following Peter Horachek, Randy Carlyle, Ron Wilson, Paul Maurice and Pat Quinn. To replace Babcock, the team promoted Sheldon Keefe from its American Hockey League affiliate, the Toronto Marlies.The former N.H.L. general manager Craig Button attributed Toronto’s long list of coach firings to an imbalance between performance and expectations in a city that has been aching for a Stanley Cup since 1967.

How much did Mike Babcock earn with the Toronto Maple Leafs this season? We know that Babcock 's annual salary was .25 million (according to Using the per-game payout calculated above, we can surmise that Babcock is still owed nearly .5 million (,496,951.22, to be exact) for

Toronto Maple Leafs Frederik Gauthier C (33) is congratulated after scoring during the second period in Toronto on Monday February 25, 2019. Coach Mike Babcock underlined as much on Monday after the team practised at the MasterCard Centre when asked what the Leafs have missed with

Mike Babcock looking at the camera© Provided by Perform Media Channels Limited

Mike Babcock's firing by the Toronto Maple Leafs will continue to dominate the hockey media narrative for a while, but the lingering impact won't be in the headlines.

It'll be in Babcock's bank account.

The 56-year-old joined the Maple Leafs in 2015, signing the richest contract for a head coach in NHL history. That deal still has a substantial term remaining, meaning Babcock will be getting paid handsomely while not doing anything.

We should all be so lucky.

MORE: Babcock statement | Who is Sheldon Keefe? | Twitter reacts to Babcock firing | What's next for Babcock?

But just how much are the Leafs still on the hook for? Sporting News breaks down the numbers below.

What were the terms of Mike Babcock's contract with the Toronto Maple Leafs?

When Babcock joined the Maple Leafs on May 20, 2015, he put his signature on what is still the single biggest financial commitment for an NHL head coach. The eight-year deal, worth $50 million total, is almost double the second-best overall compensation package for a bench boss — Joel Quenneville's current five-year, $26.25 million contract with the Florida Panthers pales in comparison.

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I cover the Toronto Raptors, Maple Leafs , Blue Jays and Buffalo Bills. The Maple Leafs have steered clear of controversy and drama for the most part since Babcock arrived in 2015. As a contributor to Forbes, I will explain how finances and leadership are guiding the visions of the

TORONTO , ON - NOVEMBER 09: Toronto Maple Leafs Head Coach Mike Babcock behind the bench during the regular season NHL game between the Philadelphia Flyers and Toronto Maple Leafs on November 9, 2019 at Scotiabank Arena in Toronto , ON. (Photo by Gerry Angus/Icon Sportswire

How much did Mike Babcock earn with the Toronto Maple Leafs this season?

We know that Babcock's annual salary was $6.25 million, so if we divide that by 82 regular-season games it means the coach was pulling in $76,219.51 per game.

Babcock was terminated by the Leafs 23 games into the current campaign, earning him a cool $1,753,048.78 between opening day and Wednesday.

How much do the Toronto Maple Leafs owe Mike Babcock?

Using the per-game payout calculated above, we can surmise that Babcock is still owed nearly $4.5 million ($4,496,951.22, to be exact) for the remainder of this season.

His contract with the Leafs was set to last through the following three seasons as well, so if we add the $4.5 million from the rest of the current campaign to the $18.75 million he's due for 2020-21 through 2022-23, we come up with a grand total of $23.25 million.

That's a lot of dough.

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