Jul 19, 2012, 11:57 AM EDT
The Nashville Predators are on the clock.
Late Wednesday night, it was revealed the Philadelphia Flyers signed RFA defenseman Shea Weber to a 14-year, $110 million offer sheet — giving Nashville seven days to match, or let Weber go in exchange for a bounty of draft picks.
To some, the issue of matching is a no-brainer: Nashville must do it. Having already lost Ryan Suter for nothing, the team cannot afford to lose its captain and best player (both on the ice and in terms of public relations.)
But to GM David Poile and ownership, it might not be that simple. Philly’s front-loaded, bonus-laden offer could put the Preds in a financial bind — Weber’s set to make $80 million over the next six years alone.
Some ramifications to consider:
Nashville would receive Philadelphia’s first round picks at the 2013, 2014, 2015 and 2016 NHL Entry Drafts. It should be noted that Philadelphia has made the playoffs five straight years while averaging 98 points per season. If that keeps up, those picks would likely be in the 20s.
As mentioned earlier, losing both Weber and Suter in the same summer would be catastrophic — they were Nashville’s best defensemen and two of the club’s better scorers (finishing fourth and fifth in points, respectively.) This isn’t to say the Preds would be bereft of talented rearguards, though. Ryan Ellis, Roman Josi, Kevin Klein and Jonathan Blum were all top-40 draft picks and Mattias Ekholm was named the Swedish league’s best defenseman last season. But it’s beyond optimistic to suggest any will develop to the Weber/Suter level.
According to Capgeek, the Preds currently have the NHL’s lowest payroll and are $13 million away from hitting the salary cap floor. They almost need to spend money at this point (and hey, shelling out $110 million to Weber would be a way to do that.)
Poile also noted on a few occasions his offseason plan was to re-sign Suter, lock up Weber long-term and take a run at Zach Parise, suggesting he was ready to break open the checkbook.
That said, the contract is ridiculously front-loaded and would be an unprecedented amount of money for Nashville to pay a player. Case in point: Pekka Rinne signed a seven-year, $49 million deal this season that was the biggest in franchise history.
The first four years of Weber’s deal cost $56 million.
Regardless, it would be a PR nightmare if the Preds pass. There’s no calculating how hockey fans in Tennessee would react (one suspects poorly) and the perception of the team/franchise would take a major hit, both publicly and among players. What high profile free agent would ever consider Nashville after that?
Aug 30, 2014, 10:00 PM EDT
His new deal earned more than a few critics.
Aug 30, 2014, 8:30 PM EDT
He’s still just 21.
Aug 30, 2014, 7:00 PM EDT
Cory Schneider has some big shoes to fill.
Aug 30, 2014, 5:30 PM EDT
Frederik Andersen and John Gibson both have a shot at being No. 1.
Aug 30, 2014, 4:05 PM EDT
The two sides are not budging in contract negotiations.
Aug 30, 2014, 3:06 PM EDT
Will try to guide the Devils back to the postseason after two straight seasons without playoff hockey in New Jersey.
Aug 30, 2014, 2:30 PM EDT
Will wear a different look in 2014-15.
Aug 30, 2014, 2:00 PM EDT
Joins the Prince George Cougars as an assistant coach.
Aug 30, 2014, 1:30 PM EDT
After playing over 1,000 NHL games, he’s enjoying the time away.
Aug 30, 2014, 12:38 PM EDT
RFA David Wohlberg joins Albany
Aug 30, 2014, 11:22 AM EDT
After spending portions of last season as a healthy scratch, he’s looking to revive his career in New Jersey.
Aug 30, 2014, 10:11 AM EDT
Father Time always wins … eventually.
Aug 30, 2014, 9:00 AM EDT
” … Until we go into the season and start playing real games, our relationship will be fine.”
Aug 30, 2014, 8:00 AM EDT
Can they shoot out of mediocrity?
Aug 29, 2014, 11:00 PM EDT
Can he fit in well enough to embrace this opportunity?
Aug 29, 2014, 10:10 PM EDT
Should they make a move or play hardball with free agents?
Aug 29, 2014, 9:30 PM EDT
Jeff Skinner was also on the ice Friday.
Aug 29, 2014, 8:00 PM EDT
Can’t top No. 4.
Aug 29, 2014, 6:29 PM EDT
“I’m sleeping with it tonight.”
Aug 29, 2014, 4:57 PM EDT
The Chicago Blackhawks let him walk.
- Fanspeak: Martin Brodeur named greatest Devil in franchise history 6
- Devils’ Gomez considered retirement 6
- It’s New Jersey Devils day on PHT 22
- Fanspeak: Bobby Orr named best Bruin in franchise history 26
- Video: Bruins participate in commercials to promote NHL 15 6
- Oilers ink Schultz to one-year deal 2
- It’s Boston Bruins day on PHT 43
- Fanspeak: Dominik Hasek voted greatest Sabre in franchise history 35
- Is Colorado’s rise a fair example of what might happen in Buffalo? 7
- It’s Buffalo Sabres day on PHT 20