August 26, 1971: Bobby Orr Signs NHL’s First Million-Dollar Contract With Bruins
Bobby Orr made NHL history on Aug. 26, 1971, when the Bruins rewarded their generational defenseman with the league’s first million-dollar contract.
On August 26, 1971, Bobby Orr became the first NHL player to sign a million-dollar contract with the Boston Bruins, marking a historic shift in the financial landscape of professional hockey. Orr, already a superstar known for his exceptional skills and records, signed a five-year deal worth $1 million, with $200,000 per season, setting a new financial standard for the league.
Orr's performance in the 1970-71 season, where he recorded 37 goals and 102 assists for 139 points over 78 games, solidified his status as a top player. His historic contract, coupled with his continued success, helped the Bruins secure their second Stanley Cup in three seasons, with Orr contributing significantly to their victory, including scoring the championship-winning goal.
Orr's impact on the game was immense, and his contract paved the way for future players to command higher salaries, reshaping the business of hockey.
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