Financial rewards for NHL Trophies and All-Star Teams
Nobody really talks about this today - what's a $2000 bonus when these players make millions? But in the past, there was a big financial incentive for players to win awards. When you are only making $3000 a year, that $500 for an All-Star bid is huge.
I've seen financial compensation for awards mentioned a few times.
In the accounts speculating about how Red Kelly lost the 1st Team in 1954 to Gadsby because he spent time as an injury-fill in at left wing, they all mention how it cost him $500.
I've also read reports of how intensely teams tried to have the lowest GAA in the league, to win the Vezina trophy (and money) for their goalie. The winning goalie would then take his defensemen out to dinner.
More details would be appreciated if anyone has them. I would be particularly interested in knowing if the awards like the Hart, Lady Byng and Vezina, as well as the all-star teams, always carried financial rewards. An extra $1000 would be huge during the Great Depression.