Thread: Shea Weber
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08-15-2012, 04:53 PM
  #38
Snotbubbles
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Quote:
Originally Posted by JABEE View Post
The agreement is only on the principle terms of the deal. It is an agreement in principle. Not a signed contract. What happens if the NHL introduces salary rollbacks in the new CBA and Nashville agreed to match with the expectation. What are the implications of Nashville and Weber signing a contract with terms that Nashville is fighting to lower before they are even payed out.
It's a binding agreement.

10.3(b): ...such Restricted Free Agent and the Prior Club shall be deemed to have entered into a binding agreement, which they shall promptly formalize in an SPC...

Both Weber and the Nashville Predators are legally bound at this point.

Best case scenario for Philly is that Weber holds out for a NTC, the new CBA allows for money transfers and Weber forces his way to Philly next offseason with Philly paying the $13M July 1, 2013 bonus (along with a player package).

As far as a rollback, it wouldn't be Nashville fighting to lower the salary terms. That would be a term bargained for between the NHL and the NHLPA. Nashville and Weber would be bound by those terms if that's what was bargained for.

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