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[PHI] Shea Weber Signs Offer Sheet - 14 Yrs - $110 Million - $7.857 Cap Hit (Pt IV)

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07-19-2012, 01:47 PM
  #76
robdicks
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Quote:
Originally Posted by hurricanedave View Post
I am a little confused, why do they have to pay him the 26 million right away? Sorry if this has been explained already.
signing bonuses. They pay him 12 mil signing bonus, 2 mil salary for 2012-13, then on July 1, they pay him 12 mil signing bonus, 2 mil saraly for 2013-14.

That's 26 mil over the next year.

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07-19-2012, 01:48 PM
  #77
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Quote:
Originally Posted by Vikke View Post
For a cash strapped team like the Preds, paying Weber $26 million for ONE season is not an option.
They were going to try and re-sign Weber, Suter, and sign Parise, but 26 mil is too much? You really didnt think they were gonna go into negotiations not thinking about handing out signing bonuses? Thats what free agency has become all about. Front loading and signing bonuses. Cannot wait for the CBA to fix that.

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07-19-2012, 01:48 PM
  #78
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Originally Posted by zeus3007 View Post
Am I the only one who has to call b.s. on the money part of it? Nothing to do with it my backside, ha ha.
Money's not a factor because he would get a ridiculous offer from anyone, and any difference would be too small to influence his choice.

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Old
07-19-2012, 01:48 PM
  #79
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why would anyone want to sign a long term deal in Philadelphia? how many times have they signed someone to one and then traded them a couple seasons later?

Weber's probably gonna be in Columbus by year 5.

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Old
07-19-2012, 01:49 PM
  #80
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Quote:
Originally Posted by Jtown View Post
This article summarizes the brillance of this move by the flyers and how it handicaps the Preds.


http://deadspin.com/5927347/shea-web...ng-masterpiece
I didn't realize that the Bonuses wouldn't be touched by potential salary rollbacks. Really smart.

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Old
07-19-2012, 01:49 PM
  #81
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Originally Posted by Kershaw View Post
Obviously. I haven't heard one player mention that money was a factor in signing a deal. At least for a long time.
A.J. Burnett did when he left the Jays.

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07-19-2012, 01:50 PM
  #82
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Quote:
Originally Posted by Tim Erixon's Lunchbox View Post
They were going to try and re-sign Weber, Suter, and sign Parise, but 26 mil is too much? You really didnt think they were gonna go into negotiations not thinking about handing out signing bonuses? Thats what free agency has become all about. Front loading and signing bonuses. Cannot wait for the CBA to fix that.
Well, if you read the post I quoted and replied to, you'd understand.

He was implying the Preds will match and then trade Weber in a year. That's pretty much guaranteed to NOT happen.

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Old
07-19-2012, 01:50 PM
  #83
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Originally Posted by Kenny Jonsson View Post
Signing bonus for this year ($13 million) then after he plays the 2012/2013 year he gets another bonus on 7/1/2013 again for $13 million.
Isn't it actually $27 million? Signing bonus for this year $13mil, salary for this year $1mil, and the other bonus on 7/1/2013 $13mil. ($27mil)

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07-19-2012, 01:50 PM
  #84
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The Flyers didn't offer him a NTC as it turns out. Does that change Nashville's ability to trade him right away?

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Old
07-19-2012, 01:50 PM
  #85
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Quote:
Originally Posted by CaseyPierroZabotel17 View Post
why would anyone want to sign a long term deal in Philadelphia? how many times have they signed someone to one and then traded them a couple seasons later?

Weber's probably gonna be in Columbus by year 5.
Yeah but once he gets traded he can win a Cup so it works out. Also didn't the Fyers give a N.M.C. (which the Predators would not have to include)?

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07-19-2012, 01:51 PM
  #86
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Quote:
Originally Posted by CaseyPierroZabotel17 View Post
why would anyone want to sign a long term deal in Philadelphia? how many times have they signed someone to one and then traded them a couple seasons later?

Weber's probably gonna be in Columbus by year 5.
There are 110 million reasons to sign in Philly in this scenario.

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07-19-2012, 01:51 PM
  #87
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Originally Posted by McNasty View Post
Two signing bonuses, one when the deal is finalized the other July 1st 2013. If there is a lockout that cancels the season they will have paid Weber 26M before he plays a game.
Preds could declare bankruptcy before that...maybe restructure some onerous contracts? Or just turn the keys over to Gary B and let the rest of the league share the pain...

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07-19-2012, 01:51 PM
  #88
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Quote:
Originally Posted by duffy9748
Weber: "Philadelphia is a destination place."

So much for no one wanting to come here because of Holmgren's "loyalty".
No one else was/would offer $27M guaranteed in the first 366 days. He would be stupid not to sign that deal even if it were with the Oilers.

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07-19-2012, 01:51 PM
  #89
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So could Nashville pay 13 million now and then 13 million June 30th 2013? I dunno if that would make a difference for them, but may soften the blow.

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07-19-2012, 01:51 PM
  #90
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Originally Posted by might2mash View Post
Essentially, but just so everyone gets it, the not matching would have to occur first, and then as a separate deal, the Flyers could trade players for their picks. It's not a special right or consideration, it's the same as any other trade. So if Nashville wanted Coots and Schenn for 2 firsts, not happening. In fact they probably wouldn't get any part of the Flyers young core. More like to get their paws on Meszaros because the Flyers consider him expendable. Philly would not be at gunpoint to get picks back or free up salary in reality.
Lol, the whole idea of the trade would be that Nashville gets what they actually want. It's beyond hilarious that people believe Nashville can't afford it. If an owner has to spend $26 million to keep Weber I strongly believe he will do whatever it takes to not let his team lose $30+ million. People are so quick to forget that Weber will almost singlehandedly lead this team to playoffs and that extra revenue. As well as all the marketing revenue he alone brings in. It's not as if Nashville is paying it all on one check. They have a year in between the 13 million checks...

As a result Nashville won't take on Philly's Expendables they will take what they want or they keep him.

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07-19-2012, 01:52 PM
  #91
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Quote:
Originally Posted by DoctrSteveBrule View Post
The Flyers didn't offer him a NTC as it turns out. Does that change Nashville's ability to trade him right away?
no

it's a rule within the CBA that they cant trade him for the first year of the contract

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Old
07-19-2012, 01:52 PM
  #92
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Originally Posted by PPPower View Post
Isn't it actually $27 million? Signing bonus for this year $13mil, salary for this year $1mil, and the other bonus on 7/1/2013 $13mil. ($27mil)
No. He was just wrong about that I think.

It's 12 signing, 2 salary, 12 signing =26.

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Old
07-19-2012, 01:52 PM
  #93
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Man, I feel real bad for the Preds.

They are a well run franchise handcuffed by the market they are in.

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Old
07-19-2012, 01:52 PM
  #94
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Originally Posted by RJ8812 View Post
yes, but do the Preds also own the arena? if they don't own the arena, then the non-Preds revenue (ie: concerts, other sports) doesnt go towards the Preds
WP suggests that the local government owns the arena, but I defer to any Preds fans who know for sure.

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07-19-2012, 01:52 PM
  #95
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Originally Posted by GordieHoweHatTrick View Post
It really is a beauty of a contract. The Flyers did an excellent job structuring this contract and, as much as I hate these ludicrous deal, I have to give credit where it's due
This offer sheet is the ulitmate game of chicken. If the preds match it , it is going to really hurt them financially. Plus they are going to have to add on significsant more salary just to reach the floor. Maybe a team can give them a break with a high cap number low salary player but unless that happens Nashville will be lucky to survive financially for the next 6 years.

I think the thing to do here is just lick your wounds and take your losses and live to fight another day. I did not realize the finances of the franchise were in such disarray.

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Old
07-19-2012, 01:52 PM
  #96
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Quote:
Originally Posted by DoctrSteveBrule View Post
The Flyers didn't offer him a NTC as it turns out. Does that change Nashville's ability to trade him right away?
No, matching an offer sheet means they cant trade him for a year.

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Old
07-19-2012, 01:52 PM
  #97
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Corrected above.

Win or lose, Holmgren/Snider/Comcast get a big slap on the back for effort and willingness to say "screw you all".

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07-19-2012, 01:53 PM
  #98
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Quote:
Originally Posted by DoctrSteveBrule View Post
The Flyers didn't offer him a NTC as it turns out. Does that change Nashville's ability to trade him right away?
No. Nashville doesn't have to match any clauses like NMC or NTC. They just have to match the money, structure, and term of the contract.

Nashville cannot trade him right away because the rules of the CBA disallow teams trading players that they matched an offer sheet for until one year has passed.

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07-19-2012, 01:53 PM
  #99
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Quote:
Originally Posted by CaseyPierroZabotel17 View Post
why would anyone want to sign a long term deal in Philadelphia? how many times have they signed someone to one and then traded them a couple seasons later?

Weber's probably gonna be in Columbus by year 5.
The contract probably has a NMC.

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Old
07-19-2012, 01:54 PM
  #100
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so the next cba might not have a lower cap or rollbacks, but very real possibility that the cap average wont be used

what happens if webers cap hit is $26M?

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