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

Jul 19, 2012, 10:13 AM EST

Shea Weber 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

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