Thursday, July 19, 2012

Shea Weber agrees to offer sheet from Philly

Reminiscent of the Toronto Maple Leafs general Manager Brian Bruke making an offer sheet to former Boston Bruins forward Phil Kessel –the Philadelphia Flyers have made an huge offer to Nashville Predator defenseman Shea Weber which he has accepted. Now the ball is in the Predators court – If I was them I would take the four first round draft choices.
ESPN.com --- The Philadelphia Flyers have signed star defenseman Shea Weber to a 14-year offer sheet worth upwards of $100 million, a source confirmed to ESPN.com. The Flyers also confirmed the offer sheet, although the team didn't disclose terms.

A restricted free agent, Weber has spent his entire career with the Nashville Predators, who have seven days to match Philadelphia's offer, which was first reported by TSN.

If the Predators decide not to match the offer, they would receive four first-round draft picks from the Flyers, according to TSN.

Weber's departure would be a devastating blow to a Nashville team that already lost All-Star defenseman Ryan Suter, who signed a 13-year, $98 million deal with the Minnesota Wild.
Now; is anyone besides me rolling your eyes? Seriously – the owners claim they need to reel in expenses and that they are bleeding money and then the Philadelphia Flyers go out and pull this bush league move. I just don’t take the owners seriously anymore or think that they have a leg to stand on. First they want to limit contract to 5 years – Weber’s deal is for 14 seasons – who knows what else is in this deal. The Nashville Predators have 7 days to match the Flyers offer sheet. You have to think that they won't be able to match this one.

If I was the Predators GM, I would take the four first round draft choices, while the Flyers won’t pick that high in the first round it could end up giving the Predators some decent players in the future and could give them something to trade if they want to move up in future drafts.

Here is a breakdown of the contract from Frank Seravalli Philly.com
According to Kypreos, the Flyers have structured the deal in a way that it may be impossible for Nashville to match. The breakdown would be as follows:

2012-13 (age 27): $1 million salary + $13 million signing bonus (league maximum $14M)
2013-14 (28): $1 million salary + $13 million signing bonus (league maximum $14M)
2014-15 (29): $1 million salary + $13 million signing bonus (league maximum $14M)
2015-16 (30): $1 million salary + $13 million signing bonus (league maximum $14M)
2016-17 (31): $4 million salary + $8 million signing bonus (total $12 million)
2017-18 (32): $4 million salary + $8 million signing bonus (total $12 million)
2018-19 (33): $6 million salary
2019-20 (34): $6 million salary
2020-21 (35): $6 million salary
2021-22 (36): $6 million salary
2022-23 (37): $3 million salary
2023-24 (38): $1 million salary
2024-25 (39): $1 million salary
2025-26 (40): $1 million salary
TOTAL: $110 million
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