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Report: Shea Weber agrees to offer sheet with PHI (Dreger on twitter)

BlueWhiteBlood said:
If Weber wanted a trade, this seems like a dumb way to go about it. If Nash matches, he's there for life, unless he demands a trade, which seems like another hassle. Maybe he just wanted a contract done and over with?
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Yeah, this doesn't make sense any other way. I mean, you have to figure that this contract represents a number that Weber wanted Nashville to get to but they didn't. Now he put the pressure on them and forced them to either pay what he wanted or let him walk.

Although, to be fair, I think this is a sign that ideally Weber wants Nashville not to match. That his preference is playing in Philly but he'd be willing to stay in Nashville at that price.
 
Nik? said:
Although, to be fair, I think this is a sign that ideally Weber wants Nashville not to match. That his preference is playing in Philly but he'd be willing to stay in Nashville at that price.
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I'm going with that...
 
Potvin29 said:
Nick Kypreos ‏@RealKyper

#Preds Weber offer sheet from #Flyers. 1st 4 yrs 1M salary+13M sb; yrs 5-6 4M sal+ 8Msb; yrs 7-10 6M sal; year 11 3M sal; last 3 yrs 1M sal
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That's almost as bad as the Pronger deal (though it only takes him to what 40?). That Pronger deal is looking more and more illegal by the day. How long does he have to be off the ice before the team can no longer claim LTIR?

Anway if the league had stepped in and done as it should with Pronger, not only would the salary structure of this deal not be allowed but Pronger's Cap hit would've been a mil or 2 higher, further limiting Philly's ability to make this deal.

Paul Holmgren will be sad to see the back side of the current CBA, that's for sure (I'm assuming they change the rules on these long term deals).
 
Wow. That makes for 68 million in the form of lump sum salary bonuses vs. 36 million in salary.

Tough pill to swallow for Nashville.
 
Nik? said:
Wow. That makes for 68 million in the form of lump sum salary bonuses vs. 36 million in salary.

Tough pill to swallow for Nashville.
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If they match, they will have to pay 27 million minimum before they can trade him.
 
Deebo said:
Nik? said:
Wow. That makes for 68 million in the form of lump sum salary bonuses vs. 36 million in salary.

Tough pill to swallow for Nashville.
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If they match, they will have to pay 27 million minimum before they can trade him.
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Just read this on twitter:

Frank Seravalli ‏@DNFlyers

Spending $26M in one calendar yr, NSH would be forking over 16% of entire franchise net worth ($163M in '11 accd to Forbes) to match offer
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That kind of front-loaded dough probably makes any decision to match out of the hands of the GM. If ownership won't pay, see ya' Shea. 
 
Is Philly ever tightening the screws on Nashville on this one. 

The length of contracts and the amount of money Philly hands out may be ridiculous, but from a broader perspective, a part of me is envious to see a GM and ownership go all out in their pursuit of a Cup, everything else be damned.
 
This is a CBA gripe I have, but why should it be legal to pay a player significant bonuses  6 years and then none at all. Seems to me at least that it should be like the salary where it can't drop by more than x% between consecutive years.

Maybe the rule should be all signing bonuses are paid upfront, or spread evenly over the life of the contract (yes I realize I contradicted the 20% thing).

Also seems odd that the Predators are going to lose a guy for who'll earn 12M over the next 6 years in actual salary. How a NHL all-star can be paid 1M per year in salary from the age of 27-31 is beyond me. It's blatant Cap circumvention.
 
So if the Flyers wind up with Weber and the Rangers wind up with Nash, the Atlantic is going to be some kind of division (it sort of is already.) Poor Islanders. 
 
Chev-boyar-sky said:
This is a CBA gripe I have, but why should it be legal to pay a player significant bonuses  6 years and then none at all. Seems to me at least that it should be like the salary where it can't drop by more than x% between consecutive years.

Maybe the rule should be all signing bonuses are paid upfront, or spread evenly over the life of the contract (yes I realize I contradicted the 20% thing).

Also seems odd that the Predators are going to lose a guy for who'll earn 12M over the next 6 years in actual salary. How a NHL all-star can be paid 1M per year in salary from the age of 27-31 is beyond me. It's blatant Cap circumvention.
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The bonus counts when determining the cap hit.
 
As someone mentioned here, the Preds are pretty week on forwards. Maybe they let Weber go and in turn, put Philly over the barrel on RFA Voracek. It still probably isn't enough for Weber but at least there's some immediate help plus some futures there.
 
Chev-boyar-sky said:
This is a CBA gripe I have, but why should it be legal to pay a player significant bonuses  6 years and then none at all. Seems to me at least that it should be like the salary where it can't drop by more than x% between consecutive years.

Maybe the rule should be all signing bonuses are paid upfront, or spread evenly over the life of the contract (yes I realize I contradicted the 20% thing).

Also seems odd that the Predators are going to lose a guy for who'll earn 12M over the next 6 years in actual salary. How a NHL all-star can be paid 1M per year in salary from the age of 27-31 is beyond me. It's blatant Cap circumvention.
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You know, I thought that rule did exist, where year x+1 must be at least 50% of year x, but that would make this contract not valid because of the drop between years 11 and 12:

14, 14, 14, 14, 12, 12, 6, 6, 6, 3, 1, 1, 1

Guess I was wrong.
 
The Red Polar Bear said:
Chev-boyar-sky said:
This is a CBA gripe I have, but why should it be legal to pay a player significant bonuses  6 years and then none at all. Seems to me at least that it should be like the salary where it can't drop by more than x% between consecutive years.

Maybe the rule should be all signing bonuses are paid upfront, or spread evenly over the life of the contract (yes I realize I contradicted the 20% thing).

Also seems odd that the Predators are going to lose a guy for who'll earn 12M over the next 6 years in actual salary. How a NHL all-star can be paid 1M per year in salary from the age of 27-31 is beyond me. It's blatant Cap circumvention.
Click to expand...

You know, I thought that rule did exist, where year x+1 must be at least 50% of year x, but that would make this contract not valid because of the drop between years 11 and 12:

14, 14, 14, 14, 12, 12, 6, 6, 6, 3, 1, 1, 1

Guess I was wrong.
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I could be totally wrong but I think the bonus money does not calculate in to your thinking.
 
The Red Polar Bear said:
You know, I thought that rule did exist, where year x+1 must be at least 50% of year x, but that would make this contract not valid because of the drop between years 11 and 12:

14, 14, 14, 14, 12, 12, 6, 6, 6, 3, 1, 1, 1

Guess I was wrong.
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THe way the rule works is that the salary cannot drop more than 50% of the most valuable of the 1st 2 seasons of the contract from one year to the next - something I expect will be changed to much more stringent guidelines in the new CBA.
 
Chev-boyar-sky said:
This is a CBA gripe I have, but why should it be legal to pay a player significant bonuses  6 years and then none at all. Seems to me at least that it should be like the salary where it can't drop by more than x% between consecutive years.

Maybe the rule should be all signing bonuses are paid upfront, or spread evenly over the life of the contract (yes I realize I contradicted the 20% thing).

Also seems odd that the Predators are going to lose a guy for who'll earn 12M over the next 6 years in actual salary. How a NHL all-star can be paid 1M per year in salary from the age of 27-31 is beyond me. It's blatant Cap circumvention.
Click to expand...

Yeah, I don't get the problem. It's just the structure of the payment. It's not like there's an actual difference between salary and bonuses.
 
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