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Some Shea Weber Numbers

from Jamie McGee of the Nashville Business Journal,

The Nashville Predators kept their star defenseman Shea Weber Tuesday by matching one of the NHL’s most lucrative offers. As Nashville rallies around the team’s decision to hold on to its captain, consider these other figures for context:

$110 million: Salary Weber will make over 14 years. Also the amount of cash held by President Obama’s re-election campaign as of mid-June.

$51.04: Average ticket price to a 2011-12 Nashville Predators game, according to Team Marketing Report.

2,155,172: Number of tickets you could buy at that price for $110 million.

126: Number of times those tickets would fill each of Bridgestone Arena’s 17,113 seats.

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Filed in: NHL Teams, Nashville Predators, | KK Hockey | Permalink
  Tags: shea+weber

Comments

Da lil Guy's avatar

Curiously, she leaves out the most interesting number -

$56 million - the amount in real dollars Shea Weber will make over the next 4 seasons, some of which is paid out immediately in bonuses.

Posted by Da lil Guy from Guelph, Ontario on 07/26/12 at 01:03 PM ET

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Posted by Da lil Guy from Ottawa on 07/26/12 at 11:03 AM ET

Why is it the most interesting?  Front-loaded contracts with guaranteed money are the norm when talking about the long-term contracts being given to high-profile free agents.  Parise, Suter, Brad Richards, Ehrhoff, they all got this kind of deal.  The only thing different is that Philly made more of the contract guaranteed simply because it was an offer sheet.

Posted by Garth on 07/26/12 at 01:20 PM ET

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Why is it interesting? Because they’ll shell out 56m, or ~1/3 the franchise value in dollars to one player over the next 4 years. They spent 52m in total salary (well, cap hit but salary is probably very close) last year. For a big market team, this would represent a much smaller commitment. Cash matters, at least in most businesses.

@Garth—how is it “more guaranteed” because it was an offer sheet?

Posted by Dave on 07/26/12 at 06:48 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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