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Report: Weber’s front-loaded offer sheet worth $110 million, packed with signing bonuses

Shea Weber

Nashville Predators defenseman Shea Weber celebrates his first of two goals against the Detroit Red Wings in the third period of an NHL hockey game on Thursday, Dec. 15, 2011, in Nashville, Tenn. Weber had the game-winning goal as the Predators won 4-3. (AP Photo/Mark Humphrey)

AP

According to Sportsnet’s Nick Kypreos, the financials are in on Philadelphia’s offer sheet to Nashville defenseman Shea Weber -- and they are staggering.

Kypreos reports the per-season breakdowns of the 14-year deal work like this:

First four seasons (2012-16): $1 million in salary, $13 million in signing bonuses

Seasons five and six (2016-18): $4 million in salary, $8 million in signing bonuses

Seasons seven to 10 (2018-22): $6 million in salary

Season 11 (2022-23): $3 million in salary

Seasons 12 to 14: (2023-26): $1 million in salary

Phew.

Okay, what it means for you non-mathletes out there...

-- It’s a $7.9 million annual cap hit.

-- The deal will play $68 million in total signing bonuses.

-- In the first six years, the deal will pay $80 million.

-- Weber will be the only current NHLer under contract until 2025-26. (Zach Parise, Ryan Suter and Ilya Kovalchuk are currently signed until 2024-25.)

As Kypreos notes, the structure of the deal might make matching difficult for Nashville. The prospect of shelling out $80 million over the next six years might be too much for the organization (which, it should be noted, was sold in 2007 for $193 million.)

We’ll have more throughout the day.

Related:

Report: Philadelphia, Shea Weber agree on a 14-year offer sheet

On the chances of Shea Weber getting an offer sheet