Ray Shero Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary

Ray Shero net worth

Read about Ray Shero net worth, age, wife, children, height, family, parents, salary and NHL career as well as other information you need to know.


Ray Shero is an American former ice hockey executive. He previously served as the general manager of the Pittsburgh Penguins and New Jersey Devils franchises.

Shero was the general manager of the Penguins from 2006 to 2014. He was fired after the Penguins’ second-round exit from the 2014 playoffs. His tenure with the Devils lasted from May 4, 2015, when he replaced Lou Lamoriello, until he was fired on January 12, 2020.

Early life

NameRay Shero
Net Worth$5 million
OccupationFormer ice hockey executive
Age60 years
Ray Shero net worth

Rejean “Ray” Shero was born on July 28, 1962 (age 60 years) in Saint Paul, Minnesota, United States. He is the son of American parents, Fred Shero and Mariette Shero. His father is a former Philadelphia Flyers and New York Rangers coach Fred Shero. He played his college ice hockey for the St. Lawrence Saints, captaining the team during the 1984–85 season. He was drafted by the Los Angeles Kings in 1982 but never played in the NHL.


Ray Shero was an assistant general manager first for the Ottawa Senators from 1993 to 1998 before joining the Penguins in 2006 and then for the Nashville Predators from their entrance into the league in 1998 until 2006. In his first season on the job with the Pittsburgh Penguins, Shero made a small splash in the free agent market, signing forwards Mark Recchi and Jarkko Ruutu, along with defenseman Mark Eaton.

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Shero traded for forwards Nils Ekman and Dominic Moore, after drafting center Jordan Staal with the second overall pick in the 2006 NHL Entry Draft. This choice paid immediate dividends, as Staal would score 29 goals and 42 points in his rookie year with fellow rookie Evgeni Malkin.

He swung two major trades at the trade deadline of the 2006–07 NHL season, sending Noah Welch to the Florida Panthers for veteran Gary Roberts, and sending Daniel Carcillo and a draft pick to the Phoenix Coyotes for enforcer Georges Laraque.

He made several tweaks to his club during the next off-season, signing defenseman Darryl Sydor, forwards Petr Sýkora and Jeff Taffe, and backup goaltender Dany Sabourin. He also took several steps to ensure that his nucleus of talent remained in Pittsburgh by re-signing defenseman Ryan Whitney to a six-year, $24 million contract extension, and re-signing center and captain Sidney Crosby to a five-year, $43.5 million extension.

Ray Shero announced on July 16, 2007, that he had re-signed head coach Michel Therrien to a one-year extension through the 2008–09 NHL season. The trade deadline of the 2007–08 NHL season brought two other major trades for Shero and the Pittsburgh Penguins, sending Colby Armstrong, Erik Christensen, prospect Angelo Esposito, and a future draft pick for the Atlanta Thrashers’ Marián Hossa and Pascal Dupuis, as well as bringing the Toronto Maple Leafs’ defenseman Hal Gill to his team for two future draft picks.

In 2009, the Penguins defeated the Detroit Red Wings in seven games to win the Stanley Cup. They won the cup on the road at the Joe Louis Arena. The Red Wings defeated the Penguins the year before in the 2008 Stanley Cup Finals at Mellon Arena.

On May 16, 2014, the Penguins fired Shero after the team fell to the Rangers in seven games during the second round of the 2014 Stanley Cup playoffs. The Penguins had held a 3–1 series lead heading into Game 5 of the series. This was also the fifth straight year the Penguins were eliminated by a lower-seeded opponent.

Ray Shero became the general manager of the New Jersey Devils on May 4, 2015. Notable acquisitions and free agent signings during Shero’s tenure as general manager include Taylor Hall, Will Butcher, Jesper Bratt, Kyle Palmieri, Sami Vatanen, P. K. Subban, Wayne Simmonds, Jack Hughes, and Nico Hischier.

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Despite struggling for the first few years, the Devils returned to the Stanley Cup playoffs in 2018 but were eliminated in the first round 4–1 by the Tampa Bay Lightning. Shero was fired by the Devils on January 12, 2020. Assistant general manager Tom Fitzgerald was named as his replacement.


Ray Shero is a married man and has children with his wife. Ray and his wife Karen had their wedding in the United States and together they have two children Chris Shero and Kyle Shero.

Ray Shero net worth

How much is Ray Shero worth? Ray Shero net worth is estimated at around $5 million. His main source of income is from his primary work as an ice hockey executive. Ray Shero’s salary per month and other career earnings are over $1 million dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential former ice hockey players in the United States. He stands at an appealing height of 1.83m and has a good body weight which suits his personality.