Philly signs Shea Weber to $100 million offer sheet

Thursday, July 19, 2012 at 8:28am
Staff reports

Updated: 11:20 a.m.


The Nashville Predators are on the clock.

According to The Sports Network, late Wednesday night the Philadelphia Flyers signed defenseman Shea Weber to a 14-year offer sheet worth more than $100 million. The Predators have seven days to match the offer if they want to keep Weber. If they don’t match, the club could receive up to four first-round picks in compensation.

Weber has spent his entire career with the Predators, who took him in the second round of the 2003 draft. The captain is coming off consecutive All-Star selections and had 19 goals and 49 points last season. In seven years, the 26-year-old has 99 goals and 263 points.

He remained a restricted free agent when the two parties could not come to an agreement after his one-year, $7.5 million deal that was awarded through arbitration expired after the season.

Losing Weber could be a huge blow for the Predators after losing fellow defenseman Ryan Suter to the Minnesota Wild two weeks ago.

The Predators general manager David Poile issued the following statement late Thursday morning:

"We are in receipt of the offer sheet signed between the Philadelphia Flyers and Shea Weber. Under the rules pertaining to an offer sheet, the Predators have one week to decide whether to match or accept the compensation. We have stated previously that, should a team enter into an offer sheet with Shea, our intention would be to match and retain Shea. Our ownership has provided us with the necessary resources to build a Stanley Cup-winning team. Due to the complexity of the offer sheet, we will take the appropriate time to review and evaluate it and all of its ramifications in order to make the best decision for the Predators in both the short and long-term.

“We do not anticipate any further comments on this situation until we make our decision within the next seven days.”

Filed under: Sports

29 Comments on this post:

By: Rasputin72 on 7/19/12 at 6:36

Nashville will accept the bid and ask Karl Dean for the money to pay for the defenseman.

What the Predators should do is raise the price of the tickets by 20% in order to pay the defenseman.

I feel very confident having seen the ice hockey fanatics that this would be a sacrifice that would easily displace any other luxury that may consume them.

By: TITAN1 on 7/19/12 at 6:40

rasprump. please post this on the Tennessean website.

By: BigPapa on 7/19/12 at 7:09

The Preds shouldn't pay that kind of cash. There are about 10,000 people that will pay to see hockey, whether they are good or not.

By: gid on 7/19/12 at 7:33

Ras - Once again your posts are baseless, thoughtless and pointless.

By: gid on 7/19/12 at 7:36

Back to the story - 14 yrs is a very long time to pay a player, the contract is front loaded too so the Preds would have to pay around 26M in the first year. I cant blame Weber, $ is $ and he is set for life. I have been a Preds fan since 1998, I would take the 4 first round picks and build anew.

By: 4gold on 7/19/12 at 7:53

Let the jerk go. Tired of his lip service about how much he and Suter LOVE Nashville and then try to rape the franchise of funds to build a team around them. Just start over. 14 yr contract? I dont think so.

Go Dores, Preds, Titans! Go Nashville!

By: BigPapa on 7/19/12 at 8:03

Yeah I dont understand this need for the Preds to be loved, they sound like battered wives. You have Tootoo, Suter, and now Weber all with deal (or pending deals) with other teams, but yet they talk about how much they "love" Nashville.
I understand that they dont gain anything by trashing the team on their way out the door, but actions speak louder than words.

By: localboy on 7/19/12 at 8:24

BigPapa's rigtht, actions speak louder than words, and these actions speak to the Preds being cherry-picked by the rest of the league. Ah well, this just makes more room for some more up-and-coming talent to move up from Milwaukee.

By: Jughead on 7/19/12 at 9:24

Oh, no..he will get that money somewhere...hate to see the Preds gutted by losing Suter and Weber.

Me and Andy Griffith agree---pay the man, Aunt Bea!

By: Jughead on 7/19/12 at 9:25

Weber is not raping anyone--he's getting what the market will pay. EXACTLY what all you haters would do.

By: Lorenzo on 7/19/12 at 9:44

In whose fantasy world does David Poile live? Having good conversation with player reps only to be blindsided with foreign signed offer sheets screams of discontent and miscommuication. Losing top players regardless of the circumstance indicates something is amiss within the Preds front office. If the Preds want to live in the top third of the NHL they need to step up to the plate.

By: concretemike on 7/19/12 at 9:48

Ha, ha, ha, ha........the Nashville Predators are going to have to build a team around their goalie because that seems to be the only player they can sign to a long term deal. Yak, yak, yak from the players about how great Nashville is to play for......seems the money elsewhere is great and Nashville is where they get their expereince before moving on. The Nashville NHL farm team will just have to rebuild again, again and again.

Place your bets folks......the owners group is going to be jumping ship real soon!!!!!!!!!!!!

By: Jughead on 7/19/12 at 9:53

Lord, you haters are grossly misinformed. There is nothing Poile could do about Suter--he wanted to go home. An offer sheet was entirely expected--you hater morons think Poile is in the dark? Idiots.

He consistently assembles good teams and Preds hockey is exciting. Go to Phoenix if you want sucky hockey.

By: gid on 7/19/12 at 10:29

Preds could have signed Weber last year to a 3 yr 7.5M deal but passed. I blame the Preds Mgt on that one. I dont blame Weber at all. The NHL players here do like it - not in a spotlight like Toronto, can have some freedom around town, no State Income tax, climate is nice, folks are nice too. 110M is hard to compete with though.

By: Lorenzo on 7/19/12 at 10:36

What NHL team wouldn't give up a first rounder for Weber which is probably what Nashville will get in return for this RFA. An offer sheet may have been expected but why does Poile continue to believe players and their reps owe him anything? Once Weber signed that offer sheet his commitment and allegiance to the Predators is very clear. As a Preds fan I have grown very tired of Poile's sagas of his signing attempts for our best players.

By: TITAN1 on 7/19/12 at 10:44

concretemike(dog hater), you sound like you want the Preds to fail. Why is that? If the Preds management and owners think Shea is worth that kind of contract, they will match it, if not then they know we will be better off saving the money and taking the draft picks. I'll leave it to the experts and that does not include any of us who post here.

By: TITAN1 on 7/19/12 at 10:51

Well, what about it experts? Breaking news has the Preds saying they will match the offer. As I said, whether they do or not, they are the experts, not any of us.

By: RTungsten on 7/19/12 at 12:25

Eh, I don't know if he is worth that much. That is a lot of cheddar.

By: BigPapa on 7/19/12 at 12:50

"The NHL players here do like it - not in a spotlight like Toronto, can have some freedom around town, no State Income tax, climate is nice, folks are nice too."

And that's why they are all entertaining offers from other teams and going to other teams?

Personally if I were a hockey player and I was really good, I would want to be in one of those hot beds of hockey.
Nick Saben didn't go to Iowa- he went to Bama, the best actors don't go to North Carolina- they go to Hollywood or NYC, the top computer programers dont go to Mississippi- they go to Silicon Valley...

By: Rasputin72 on 7/19/12 at 2:14

Karl Dean will cough up the money through some complex non-sensical cockamamie deal.

By: ancienthighway on 7/19/12 at 2:20

"You have Tootoo, Suter, and now Weber all with deal (or pending deals) with other teams, but yet they talk about how much they "love" Nashville."

Tootoo wasn't offered a new contract. Poile had no intention of resigning him.
Suter wanted to play with Parise, who did not want to play in Nashville. The Wild turned out to be the hometown team for both and they actually turned down better offers elsewhere to play "at home."
As an RFA, I'd put money on Weber having received a number of offer sheets from a number of teams. I expected an offer sheet to be signed shortly after Suter signed with the Wild. His value has been established.

It's up to management now to decide if they are going to back the words of matching any offer made to Weber, or let him go for the draft picks or a trade.
What ever happens, Trotz will do the best he can with what he has, and if the past is any indication, he'll do far better than the analysts expect.

By: TITAN1 on 7/19/12 at 2:24

Rump, why don't you ever post on the Tennessean website? That way even more people would enjoy your brilliant insight.

By: dva56 on 7/19/12 at 9:40

Let's see here. The Preds have made the playoffs 7 of the last 8 years. We were able to send our arch rivals, the Wings, to the golf course last year. This has all be accomplished while being one of the lowest cap teams in the NHL. This has all been done under the watch of David Poile and Barry Trotts. Face it folks, the Pred's leadership knows how to make chicken soup out of chicken poop. If David Poile and the ownership decide that they don't want to be hamstrung by a 14 year contract that pays out $80 million dollars over the first 6 years and would rather take the 4 - 1st round picks to rebuild, then I will be their biggest supporter. I don't want to see Weber go but stuff happens.

By: govskeptic on 7/20/12 at 7:31

We only need a team worthy of fooling the Sports Council and Mayor that
great things are just around the corner, maybe in a few years a second
round win in the playoffs!

By: TITAN1 on 7/20/12 at 9:40

Good grief, govskeptic! Just because you and a few others here are miserable and hate life doesn't mean the rest of us have to sit in your pity pool with you. Smile sometimes!

By: BigPapa on 7/20/12 at 12:49

By: BigPapa on 7/20/12 at 1:18

"great things are just around the corner" They are- just wait until this ownership group sells the team, they'll make a bundle. So yeah, great things for the owners, no so much for the rest of us.

By: 4gold on 7/23/12 at 5:53

The Wild finished 3 from the bottom last year. The scoring challenged Preds out scored the Wild by 60 goals for the season. I hope Suters wife enjoys Ryans money. He wont see the playoffs again in his career with Leopold running it.

Go Dores, Preds, Titans! Go Nashville!

By: 4gold on 7/23/12 at 5:57

What does anyone do with 100 million dollars? Really. How many houses, how many toys can you buy? The pro money is out of control rediculous and fans are paying huge so these jerks can feed their egos. The money is really dulling my enthusiasm for pro sports in general.