Skip to content

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

Jul 19, 2012, 10:13 AM EDT

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

Latest Posts
  1. Leafs continue to add vets, sign Winnik to one-year deal

    Jul 28, 2014, 2:27 PM EDT

    Daniel Winnik Getty Images

    Former Anaheim forward posted a career high in points last year.

  2. Two down, one to go: Wings ink Tatar to three-year deal

    Jul 28, 2014, 2:01 PM EDT

    tomastatargetty Getty Images

    With Riley Sheahan also signed, the only RFA left is Danny DeKeyser.

  3. Habs ink ex-Wild forward Dowell to AHL deal

    Jul 28, 2014, 1:00 PM EDT

    Columbus Blue Jackets v Minnesota Wild Columbus Blue Jackets v Minnesota Wild

    He’s appeared in over 150 NHL games with Chicago, Dallas and Minnesota.

  4. ‘The talent was always there’ in Florida, says Luongo

    Jul 28, 2014, 12:00 PM EDT

    Vancouver Canucks v Florida Panthers Getty Images

    Veteran goalie is high on his young teammates.

  5. Flames’ Smith signs in Swiss league

    Jul 28, 2014, 9:58 AM EDT

    DerekSmithCalgary Getty Images

    Appeared in 83 games for Calgary over the last three seasons.

  6. Rangers in curious cap situation after re-signing Brassard

    Jul 28, 2014, 9:00 AM EDT

    Glen Sather, Jim Dolan Getty Images

    They’ll be dancing close to the upper limit all year.

  7. PHT Morning Skate: Pens’ Payerl wants to be an NHL ‘beast’

    Jul 28, 2014, 8:00 AM EDT

    Adam Payerl Getty Images

    That and the rest of the links to start your day.

  8. Former NHLer Cote sentenced 30 months in jail for bank robberies

    Jul 27, 2014, 9:30 PM EDT

    Image (1) predatorslogo-thumb-250x155-19571.gif for post 15160

    He last played in 2001 with the Edmonton Oilers.

  9. Purcell wants to shoot more in Edmonton

    Jul 27, 2014, 6:45 PM EDT

    Teddy Purcell Getty Images

    He has a few guys that can help make it happen there.

  10. Sabres re-sign Adam to one-year two-way deal

    Jul 27, 2014, 5:20 PM EDT

    Luke Adam Getty Images

    He was their final restricted free agent.

  11. Cashing in: Rangers sign Brassard to five-year, $25 million deal

    Jul 27, 2014, 3:54 PM EDT

    Derick Brassard Getty Images

    He emerged as the team’s No. 2 center last season.

  12. Ortio’s new contract becomes one-way in 2015-16

    Jul 27, 2014, 2:50 PM EDT

    Joni Ortio Getty Images

    That adds another layer to the Flames’ goaltending competition.

  13. Hiller’s recovery from appendicitis should be quick

    Jul 27, 2014, 12:20 PM EDT

    Anaheim Ducks goalie Jonas Hiller, of the Czech Republic, gets water after giving up a goal to Colorado Avalanche left wing Jamie McGinn in the second period of an NHL hockey game in Denver on Friday, March 14, 2014. (AP Photo/David Zalubowski) AP

    It led to him having a minor procedure.

  14. Mirco Mueller motivated by Sharks’ ‘tomorrow team’ talk

    Jul 27, 2014, 11:11 AM EDT

    Mirco Mueller Getty Images

    He’ll enter training camp with a shot of making the team.

  15. Flames re-sign Cundari to one-year deal

    Jul 26, 2014, 11:00 PM EDT

    Mark Cundari Getty Images

    We’ve hit that part of free agency.

Featured video

Bettman hears the boos in Philly
Top 10 NHL Player Searches