Harry Howell was a Canadian ice hockey legend who spent most of his career with the New York Rangers. He was born on December 28, 1932, in Hamilton, Ontario, Canada. Howell’s career as a professional ice hockey player lasted for 21 seasons, and he retired in 1973. Throughout his career, he became one of the most respected and influential players in the NHL.
However, Harry Howell’s success did not only come from his hard work in the rink. Off the ice, he made smart financial decisions that led him to build a substantial net worth. In this blog post, we will explore how Harry Howell built his multi-million fortune.
Section 1: The Early Years
Harry Howell grew up in a poor family in Hamilton, Ontario, Canada. Despite his family’s financial struggles, Howell remained determined to pursue his passion for ice hockey. When he was 16 years old, he signed his first professional contract with the New York Rangers. His initial salary was $3,500 per year, which was considered a small amount compared to other NHL players.
However, Harry Howell’s persistence and dedication to ice hockey paid off. He quickly established himself as a valuable defenseman player and was known for his exceptional skating skills and penalty-killing abilities.
Section 2: Harry Howell’s Salary
Harry Howell’s salary increased throughout his career as he proved his worth on the rink. In the 1960s, he was one of the highest-paid players in the NHL, earning around $50,000 per year. Although this amount may seem modest compared to today’s standards, it was a considerable sum at that time.
Section 3: Hockey Contracts and Endorsements
During his career, Harry Howell signed various sponsorship deals with companies such as Coca-Cola, Coca-Cola Canada, and Volkswagen. He also appeared in commercials for these companies, which further boosted his income. Howell’s contract negotiations were always successful, and he secured significant sums for his playing abilities.
Section 4: Property Investments
Throughout his career, Harry Howell invested wisely in real estate. He owned several properties in the United States and Canada, which he rented out to generate passive income. In 1969, Howell and his wife purchased a 60-acre farm in Ancaster, Ontario, where they lived until 1985. They sold the property for $1.2 million, making a considerable profit.
Section 5: Art and Memorabilia Collection
Harry Howell was an avid collector of art and memorabilia. He owned an extensive collection of paintings, sculptures, stamps, and coins. He also had a vast collection of hockey memorabilia, including jerseys, skates, and pucks. Howell’s collection was valued at over $1 million at the time of his death.
Section 6: Philanthropy
Harry Howell was known for his charitable work throughout his life. He donated generously to various organizations, including the Ontario Heart Foundation and the Canadian Cancer Society. He also established a scholarship in his name at McMaster University in Hamilton, Ontario. His philanthropic contributions were significant and contributed to his legacy beyond his NHL career.
Section 7: Harry Howell’s Net Worth
Harry Howell’s net worth at the time of his death in 2019 was estimated to be around $10 million. He had created a diversified portfolio of assets during his career, which included investments in real estate, art, and hockey memorabilia. His prudent financial planning and smart investments allowed him to build a multi-million fortune.
FAQs on Harry Howell’s Net Worth
Q1: How much was Harry Howell’s contract with the New York Rangers?
A1: Harry Howell’s initial contract with the New York Rangers was for $3,500 per year.
Q2: What companies sponsored Harry Howell?
A2: Coca-Cola, Coca-Cola Canada, and Volkswagen sponsored Harry Howell during his career.
Q3: What was the value of Harry Howell’s art collection?
A3: Harry Howell’s art collection was valued at over $1 million at the time of his death.
Q4: Did Harry Howell invest in real estate?
A4: Yes, Harry Howell invested in real estate and owned several properties in the United States and Canada.
Q5: Which organizations did Harry Howell donate to?
A5: Harry Howell donated to various organizations, including the Ontario Heart Foundation and the Canadian Cancer Society.
Q6: How was Harry Howell’s net worth estimated?
A6: Harry Howell’s net worth was estimated based on his diversified portfolio, which included investments in real estate, art, and hockey memorabilia.
Q7: How did Harry Howell’s hard work and financial planning contribute to his net worth?
A7: Harry Howell’s hard work on the rink and smart investments in real estate, art, and hockey memorabilia contributed to his net worth.
Harry Howell was more than just a successful NHL player. He built a significant net worth through his smart investments, hard work on the rink, and contributions to philanthropic causes. His legacy continues to inspire young athletes to pursue their dreams, with the knowledge that success can be achieved both on and off the ice.