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. Arbitrator awards Marcus Johansson $3.75M contract

    Jul 31, 2015, 9:01 PM EDT

    Marcus Johansson Getty Images

    That’s close to the middle between his and Washington’s requests.

  2. Maloney: RFA Domingue will play in Europe

    Jul 31, 2015, 8:30 PM EDT

    Louis Domingue Getty Images

    The decision surprised Arizona’s general manager.

  3. Siegenthaler signs entry-level contract with Caps

    Jul 31, 2015, 7:01 PM EDT

    Jonas Siegenthaler Getty Images

    The defenseman spent the 2014-15 campaign in the Swiss League.

  4. One month later, Mike Richards’ future remains murky

    Jul 31, 2015, 2:46 PM EDT

    Los Angeles Kings v New York Rangers Getty Images

    There is a key deadline approaching though.

  5. Subban working out with former Olympian Ben Johnson

    Jul 31, 2015, 1:16 PM EDT

    P.K. Subban Getty Images

    Johnson won a gold medal in 1988, but it was taken away because of a positive steroids test.

  6. Quebecor seeks partners in Quebec City bid

    Jul 31, 2015, 11:50 AM EDT

    Calgary Flames v Ottawa Senators Getty Images

    There’s a $500 million expansion fee to consider.

  7. How do Voracek, Giroux compare to the most expensive duos?

    Jul 31, 2015, 9:00 AM EDT

    Carolina Hurricanes v Philadelphia Flyers Getty Images

    Because once Voracek’s eight-year contract kicks in, they’ll be part of that list.

  8. Report: Further coaching hires expected for Sharks

    Jul 30, 2015, 10:27 PM EDT

    Peter DeBoer Getty Images

    Former NHL stars are among the list of likely candidates.

  9. Habs’ Galchenyuk inks two-year extension

    Jul 30, 2015, 7:52 PM EDT

    Alex Galchenyuk Getty Images

    The deal is reportedly worth $5.6 million.

  10. Flames prospect Kylington cleared to play in North America

    Jul 30, 2015, 7:11 PM EDT

    Oliver Kylington Getty Images

    At one point he was listed as the top European skater in the 2015 draft.

  11. Voracek turns monster season into massive eight-year deal

    Jul 30, 2015, 5:52 PM EDT

    Jakub Voracek Getty Images

    The Flyers also have forwards Claude Giroux and Sean Couturier locked up.

  12. Zubrus clears waivers, is ‘surprised’ by buyout

    Jul 30, 2015, 4:22 PM EDT

    Dainius Zubrus Getty Images

    The 37-year-old still wants to continue his career.

  13. Coyotes want long-term deal with Glendale

    Jul 30, 2015, 2:01 PM EDT

    PNI Coyotes Deal 0611 PNI Coyotes Deal 0611

    “Nobody benefits from a short-term deal like this, in particular, our hockey department.”

Top 10 NHL Player Searches
  1. D. Stepan (2740)
  2. G. Bettman (1842)
  3. L. Couture (1731)
  4. A. Larsson (1687)
  5. J. Toews (1686)
  1. B. Holtby (1668)
  2. A. Chiasson (1521)
  3. M. Johansson (1387)
  4. A. Semin (1321)
  5. B. Gionta (1317)