Gary Bruce Bettman, born on June 2, 1952, is an American sports executive currently serving as the commissioner of the National Hockey League (NHL) since February 1, 1993. Before joining the NHL, Bettman was a senior vice president and general counsel for the National Basketball Association (NBA). He holds degrees from Cornell University and New York University School of Law and was elected to the Hockey Hall of Fame in 2018.
Bettman played a crucial role in the NBA's implementation of the soft salary cap system in 1983. Elected as the NHL's first commissioner on December 12, 1992, Bettman has overseen the league's expansion, adding eight teams and bringing the total to 32 as of the 2021–22 season. He received recognition as "Sports Executive of the Year" in 2014 and was inducted into the International Jewish Sports Hall of Fame in 2016.
| Name | Gary Bettman |
| Net Worth | $39 million ( estimated) |
| Age | 71 years old (as of February 2024) |
| Residence | Saddle River, New Jersey |
| Marital Status | Married |
| Source of Wealth | NHL contracts |
| Salary | $9,500,000 (estimated) |
| Endorsements | Not Known |
Gary Bettman’s Net Worth in 2024?
As of 2024, Gary Bettman's net worth is around $39 million. Throughout his tenure as Commissioner of the NHL, his career earnings reflect a progression from an initial salary of $0 in 1992-93 to a peak of $9.5 million annually in recent years. Notably, his compensation for the 2004-05 season was affected by the NHL lockout, resulting in no salary paid that year.
Gary Bettman’s Salary
In the 2023-24 season, Gary Bettman's annual salary as the NHL Commissioner is reported to be $9,500,000, ranking 40th among sports executives. Looking back at previous seasons, his earnings have consistently been in the $9.5 million range, with adjustments for today's US dollars.
Notably, the 2004-05 season saw no NHL salary paid due to a lockout. From his initial years in the early 1990s to the present, Bettman's salary trajectory highlights both the stability and fluctuations in his salary as the head of the NHL.
Gary Bettman’s Endorsements
There isn't extensive information available regarding specific endorsements for Gary Bettman, the Commissioner of the National Hockey League (NHL). Unlike athletes, sports executives such as commissioners may not be as prominently associated with individual endorsements as their role is primarily focused on the administration and governance of the league.
Gary Bettman’s Investments
Gary Bettman has demonstrated a keen understanding for real estate investments over the years. His ownership of properties in both New York and New Jersey has proven to be a clever financial move, with these assets experiencing substantial appreciation in value. This savvy approach to real estate has undoubtedly played a significant role in increasing Bettman's overall net worth.
Gary Bettman’s Other Sources of Income
Garry Bettman has not disclosed details about any other sources of income that he may or may not have
Gary Bettman’s House
Gary Bettman resides in Saddle River, New Jersey with his wife, Shelli, and their three children—Lauren, Jordan, and Brittany. Saddle River is an affluent borough known for its residential character and is located in Bergen County, New Jersey.
Gary Bettman and his wife, Michelle "Shelli" W. Bettman purchased a waterfront mansion in Boca Raton's Sanctuary neighborhood for $8 million. The property, located at 4020 Ibis Point Circle, was acquired from Andrew J. Green, who had purchased it in 2015 for $3.6 million.
The three-story residence, built in 1987 and renovated in 2018, boasts five bedrooms, and five-and-a-half bathrooms, and spans 12,517 square feet. Situated on approximately 105 feet of water frontage, the property features a pool, and dock, and underwent improvements, including kitchen cabinet replacements and bathroom remodeling.
Gary Bettman’s Car
There isn’t much information available about Gary Bettman’s cars.
Gary Bettman’s Charity Work
Gary Bettman has been actively involved in various charitable undertakings and sustainable initiatives. Notably, he prioritized these efforts, emphasizing their importance alongside the League's major advancements during his tenure, which began on February 1, 1993.
One significant initiative is "Hockey Fights Cancer," which Bettman has supported since its inception in December 1998. This program has played a vital role in raising more than $10 million to support cancer research and awareness.
Additionally, under the banner of "Hockey is for Everyone," Commissioner Bettman has emphasized grassroots initiatives to expand the sport's fan base, particularly among young enthusiasts. This initiative aims to bring hockey to youngsters, promoting inclusivity and accessibility.
As part of the broader "NHL Green" initiative, the League, under Bettman's direction, launched a post-game food recovery program. This program, implemented by the League's 30 Member Clubs, has successfully diverted 100 tons of waste from landfills while providing over 120,000 meals to local community shelters. Furthermore, three of the League's facilities, including CONSOL Energy Center (Gold), Bell Centre (Silver), and Phillips Arena (EB), have achieved LEED Building Certification, highlighting a commitment to sustainable practices.
FAQ's On Gary Bettman's Net Worth
A. As of 2024, Gary Bettman's net worth is approximately $39 million.
A. In the 2023-24 season, Gary Bettman's annual salary as the NHL Commissioner is reported to be $9,500,000.
A. Gary Bettman has not provided much details on his other sources of Income.
A. Gary Bettman resides in Saddle River, New Jersey, with his wife, Shelli, and their three children—Lauren, Jordan, and Brittany.
A. Gary Bettman is actively involved in charitable initiatives such as "Hockey Fights Cancer," which has raised over $10 million for cancer research and awareness. Under "Hockey is for Everyone," he emphasizes grassroots initiatives to expand the sport's fan base.
