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Weber signed to offer sheet (TSN: 14 yrs, $110m, cap hit $7.8m per yr.) Part 2

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Old
07-19-2012, 09:02 PM
  #26
Erza Scarlet
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Likely result I see is instead of picks, roster players and combination of picks will go the other way. There are other implications like merchandise sales, sponsers, fans etc that Nashville would need to consider if they don't retain Weber.

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07-19-2012, 09:05 PM
  #27
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Quote:
Originally Posted by flybynite77 View Post
The Knicks owner said they would 100% match any offer to Jeremy Lin and then a couple days later they were letting him go without matching. The Knicks have a HECKUVA lot more money than the Nashville Predators.

Going into the luxury tax with him on the payroll in the third year could have been a penalty of $45million I believe for them.

Who is more likely able to afford this
$45million luxury tax penalty for the Knicks
$27million in one calendar year for the Preds
I don't follow the NBA but is Jeremy Lin worth taking such a penalty? Is he arguably the top player at his position like Weber? If the Knicks were a playoff team do they miss the playoffs without him?

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07-19-2012, 09:08 PM
  #28
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Originally Posted by Haute Couturier View Post
I don't follow the NBA but is Jeremy Lin worth taking such a penalty? Is he arguably the top player at his position like Weber? If the Knicks were a playoff team do they miss the playoffs without him?
Lin is no where near the caliber player Weber is. Weber is the best D-Man in the league, Lin is barely a top 10 Point Guard

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07-19-2012, 09:10 PM
  #29
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What about the NMC Clause

This contract has a NMC starting in year two. Is anyone sure either way if Nashville would have to match that Clause to keep Weber. Seems to be conflicting reports. If they do they are stuck a bit. Even after year one Weber would have to agree to waive NMC which would further limit the field. It would have to be a franchise that he wanted to go to and had the finances to do it. Seems to me his agents thought this out. He gets the deal he wants and he is either in Nashville for as long as he wants or Philadelphia as long as he wants. If weber was upset enough that he never agreed to waive NMC while in Nashville they would be on the hook for not just the first 27 but more likely the first 80. If they have to match the NMC clause that is the real posion pill because the organization becomes a hostage to Weber's wishes and where if anywhere he would agree to go. Makes the match and trade somewhere else for larger return almost moot. Holmgren may have really played this perfectly if NMC must be part of the match. Its as big as the money outlay from Nashville perspective.

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07-19-2012, 09:13 PM
  #30
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If they match the contract the clauses don't carry over.

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07-19-2012, 09:13 PM
  #31
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Quote:
Originally Posted by flyersfan9180 View Post
The Preds said they would match the term and money, but they never said anything about the bonuses. They could have offered 13 years 98 to Suter, but for 7.5 million in salary every year. They might not be comfortable giving out large bonuses like that because they are a cap team. Players are looking for that money up front now, and it also gives them insurance against a lockout. I'm just throwing ideas out there...
It's possible but they knew Suter and Parise were looking for signing bonuses as lockout insurance. The same thing happened with last year's top FAs. I may be wrong, but I'd have to think they realized that was the cost of doing business and they were prepared for that cost. Of course $26M is different than $20M and everyone has a limit. Maybe it will be theirs.

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07-19-2012, 09:14 PM
  #32
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Originally Posted by Haute Couturier View Post
It's possible but they knew Suter and Parise were looking for signing bonuses as lockout insurance. The same thing happened with last year's top FAs. I may be wrong, but I'd have to think they realized that was the cost of doing business and they were prepared for that cost. Of course $26M is different than $20M and everyone has a limit. Maybe it will be theirs.
You also have to consider that they wouldn't have even reached the cap floor yet with Weber's cap hit.

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07-19-2012, 09:14 PM
  #33
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Quote:
Originally Posted by letsgodonearle View Post
This contract has a NMC starting in year two. Is anyone sure either way if Nashville would have to match that Clause to keep Weber. Seems to be conflicting reports. If they do they are stuck a bit. Even after year one Weber would have to agree to waive NMC which would further limit the field. It would have to be a franchise that he wanted to go to and had the finances to do it. Seems to me his agents thought this out. He gets the deal he wants and he is either in Nashville for as long as he wants or Philadelphia as long as he wants. If weber was upset enough that he never agreed to waive NMC while in Nashville they would be on the hook for not just the first 27 but more likely the first 80. If they have to match the NMC clause that is the real posion pill because the organization becomes a hostage to Weber's wishes and where if anywhere he would agree to go. Makes the match and trade somewhere else for larger return almost moot. Holmgren may have really played this perfectly if NMC must be part of the match. Its as big as the money outlay from Nashville perspective.
From ESPN; however, there is a differing interpretation on a Predators' blog shown in another post:

http://espn.go.com/nhl/story/_/id/81...er-offer-sheet

Quote:
Regardless of how it turns out, Holmgren's offer sheet ensures that Weber either become a Flyer or be off the market and unavailable to a rival like the New York Rangers by remaining in Nashville.

Under the terms of the CBA, the Predators cannot trade Weber for a calendar year after matching the offer sheet, and a year from now, when Weber would have become an unrestricted free agent, a no-move, no-trade clause kicks in.

If Weber remains in Nashville, the Flyers will look to add an impact player on the blue line and up front, and Holmgren may be forced to look more closely at making a deal to add either Columbus captain Rick Nash or Anaheim winger Bobby Ryan, although those moves are less attractive than merely spending money because it would cost the Flyers young assets.

The offer sheet also indicates the Flyers have absolutely no expectation that captain Chris Pronger will return to the game. Pronger missed the last half of last season and the playoffs with concussion issues. Pronger has five years remaining on a contract that will cost the Flyers slightly more than $4.9 million annually against the salary cap.


Last edited by MiamiScreamingEagles: 07-19-2012 at 09:29 PM.
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Old
07-19-2012, 09:15 PM
  #34
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Quote:
Originally Posted by NitHeel View Post
Also accepted as an answer: A gigantic erection.
which reminds me, if Nashville decides not to match, there is going to be a lot of Flyers fans needing to change their shorts next Wed night

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07-19-2012, 09:19 PM
  #35
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Quote:
Originally Posted by MiamiScreamingEagles View Post
Don't trust espn when it comes to hockey. The NMC does not transfer with the contract if Nashville matches.

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07-19-2012, 09:20 PM
  #36
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Quote:
Originally Posted by MiamiScreamingEagles View Post
Holmgren is an evil genius, but even he can't get the NMC to transfer. I'm pretty sure it doesn't.

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07-19-2012, 09:21 PM
  #37
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Quote:
Originally Posted by healthyscratch View Post
Don't trust espn when it comes to hockey. The NMC does not transfer with the contract if Nashville matches.
I'm looking at pages 35-37 of the CBA, too, trying to see if there is specific wording.

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07-19-2012, 09:24 PM
  #38
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There was reports on twitter saying there is NOT a NTC/NMC in the offer sheet. They did say though, after the decision is made, they can make an amendment to the contract to include one.

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07-19-2012, 09:24 PM
  #39
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Quote:
Originally Posted by GTopCheese View Post
You also have to consider that they wouldn't have even reached the cap floor yet with Weber's cap hit.
That's a good point, but the floor should change with the new CBA.

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07-19-2012, 09:25 PM
  #40
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This is from a Predators' blog:

http://www.ontheforecheck.com/2012/7...ille-predators

Quote:
Does the Offer Sheet contain a No Trade Clause?
ESPN's Scott Burnside floated this notion...

Under the terms of the CBA, the Predators cannot trade Weber for a calendar year after matching the offer sheet, and a year from now, when Weber would have become an unrestricted free agent, a no-move, no-trade clause kicks in.

While the bit about the first calendar year is true, the no-move, no-trade part flies in the face of the rules regarding Offer Sheets & RFA's.

Quoth the CBA, Chapter 10 Verse 3 (emphasis mine):

(b) If the Prior Club gives the Restricted Free Agent and his Certified Agent, if any, notice, in accordance with Exhibit 3 hereto, that it is exercising its Right of First Refusal (a "First Refusal Exercise Notice"), such notice to be substantially in the form of Exhibit 7 attached hereto, to the Player's and his Certified Agent's, if any, address or facsimile number listed on the Offer Sheet, if any, within the seven (7) day period, 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, containing: (i) all the Principal Terms (subject to subsection (e) below); and (ii) such additional terms as may be agreed upon between the Restricted Free Agent and the Prior Club. The Prior Club may not Trade that Restricted Free Agent for a period of one year from the date it exercises its Right of First Refusal.

...

(e) For the purposes of this Article, the Principal Terms of an Offer Sheet are limited to the term, Paragraph 1 Salary and Signing Bonus and Reporting Bonus the New Club offers to the Restricted Free Agent (currently and/or as Deferred Compensation in specified installments on specified dates) in consideration for his services as a hockey Player under the SPC.

So, the Principal Terms in the Offer Sheet are about the years and the money. The Predators, if they wish to match, must register a contract matching those Principal Terms, along with anything else they wish to negotiate with Weber themselves (the Predators are the "Prior Club" noted in this case). The Flyers could include a NTC in their offer sheet, but the Preds apparently don't have to match that.

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Old
07-19-2012, 09:26 PM
  #41
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Quote:
Originally Posted by GTopCheese View Post
You also have to consider that they wouldn't have even reached the cap floor yet with Weber's cap hit.
Which makes it worse. They will be paying 27 mill for a cap hit of 8. Sounds great for big market teams, not so great for small market teams like Nashville. That means they have to spend even more to reach the cap floor. Spending 40 mill to bump up your cap hit by 18 mill is not a great situation for a franchise like Nashville.

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07-19-2012, 09:34 PM
  #42
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Flyers could also pay Weber if there was a lockout with no revenue coming in. Preds probably couldn't.

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07-19-2012, 09:43 PM
  #43
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Interesting article here.

http://www.tennessean.com/article/20...s-public-money

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07-19-2012, 09:44 PM
  #44
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If they match this offer sheet you will see polie working the corners nightly if you know what I mean

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07-19-2012, 09:49 PM
  #45
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Have Snider and Holmgren lost their minds?

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07-19-2012, 09:50 PM
  #46
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Have Snider and Holmgren lost their minds?
huh??

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07-19-2012, 09:54 PM
  #47
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Originally Posted by Lucky Luke View Post
Have Snider and Holmgren lost their minds?

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07-19-2012, 09:55 PM
  #48
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edit: actually never mind.

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07-19-2012, 09:55 PM
  #49
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Quote:
Originally Posted by Larry Brooks
Regardless of official pronouncements, Nashville is not expected to match the offer sheet, under which Weber would be due $27M in the next 12 months under terms of the current CBA.

Rather, it is believed that Poile and Philadelphia GM Paul Holmgren are negotiating a trade in which the Predators would send at least two of the four first round picks the team would receive as compensation back to the Flyers for players off the NHL roster.
http://www.nypost.com/p/blogs/slapsh...#ixzz217yY7A7k

Has this been posted yet?

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07-19-2012, 09:56 PM
  #50
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Quote:
Originally Posted by Lucky Luke View Post
Have Snider and Holmgren lost their minds?
Quiet the opposite, actually.

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