The full financial details have come out regarding the massive 14-year offer sheet extended to restricted free agent Shea Weber by the Philadelphia Flyers.
Shea Weber Offer Sheet: Financial Terms Unfriendly To Nashville Predators
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Travis Hughes at Broad Street Hockey has a look at the detailed numbers provided by SportsNet. The proposed deal includes massive signing bonuses through the first seven years of the contract and would pay him at least $1 million a year all the way up through the 2025-26 season.
The deal will likely be impossible for the Nashville Predators to match. Although the average value of the proposed deal would result in a salary cap hit of just $7.8 million for each year of the contract, the Predators would be hard-pressed to be able to come up with the money needed to pay Weber a $13 million signing bonus this summer, a $1 million salary for the 2012-13 season and another $13 million signing bonus next summer.
The Predators have seven days to decide whether to match the offer or see Weber skating for the Flyers for the next decade-plus. $27 million in 11 months will be a lot to ask for the mid-market Preds.
For more on the Shea Weber deal and the Nashville Predators, visit SB Nation’s Predators blog On The Forecheck. For more on the Flyers visit SB Nation’s Flyers blog Broad Street Hockey.
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