The Malik Report
by George Malik on 07/19/12 at 12:55 PM ET
The Philadelphia Flyers have signed defenceman Shea Weber to a 14-year offer sheet worth a total of of $110 million. The deal includes $68 million in bonus money in the first six years.
In total, Weber will make $14 million in each of the first four years; $12 million in years five and six; $6 million in each of the next four seasons; $3 million in year 11; and $1 million in each of the remaining years.
Sportsnet’s Nick Kypreos is confirming:
Nashville Predators President of Hockey Operations/General Manager David Poile issued the following statement this morning:
“We are in receipt of the offer sheet signed between the Philadelphia Flyers and Shea Weber. Under the rules pertaining to an offer sheet, the Predators have one week to decide whether to match or accept the compensation. We have stated previously that, should a team enter into an offer sheet with Shea, our intention would be to match and retain Shea. Our ownership has provided us with the necessary resources to build a Stanley Cup-winning team. Due to the complexity of the offer sheet, we will take the appropriate time to review and evaluate it and all of its ramifications in order to make the best decision for the Predators in both the short and long-term.
“We do not anticipate any further comments on this situation until we make our decision within the next seven days.”
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