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Weber Signs $110M Offer Sheet With Flyers – SportsUntapped.com
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Added July 19th, 2012 by Chalk

Weber Signs $110M Offer Sheet With Flyers
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Defenseman Shea Weber has signed an offer sheet with the Philadelphia Flyers that will give him the second-richest contract in NHL history at $110 million over 14 years. Weber’s current team, the Nashville Predators, have a week to decide if they want to match the offer and keep Weber, or let him go and probably get four first-round draft picks from Philly.

A part owner of the team made a brief Twitter statement: “Am aware of Philly offer.” The Preds have until 11:59 PM next Wednesday to make their decision. If they decide to match the offer, they would be unable to trade Weber for a calendar year, and might have trouble coming up with all that cash because of the way the Flyers structured the deal. Under the offer, Weber will get $26 million in signing bonuses by next July, and Forbes valued the entire Predators franchise at $163 million.

So far the Flyers aren’t saying much about the offer either. The team confirmed on Thursday morning that they had signed Weber to the offer but would “have no further comment at this time.”

Weber is a three-time All-Star and has been Nashville’s captain the past two seasons. He’s 26 now, so he’ll be 40 at the end of the deal. Only Alexander Ovechkin’s $124 million deal has been bigger. If I’m the Predators, I say good luck in Philly and rack up those draft picks.

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