Shea Weber Offer Sheet: Nashville Predators Release Statement
Around 12 hours after the Philadelphia Flyers signed restricted free agent Shea Weber to a massive 14-year, $110 million offer sheet, the Nashville Predators issued an official statement regarding the move.
General manager David Poile confirmed Weber’s acceptance and stated that they team will take time to weigh the options of matching such a “complex offer.”
Via the Nashville Predators official website:
"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.”
Earlier on Thursday the Flyers also released a statement saying that the team had acquired Weber and will not be making any further comments.
Basically, the ball is in Nashville’s court.
While the team has plenty of cap-room to keep Weber, the issue that may hold them up is the real dollar amount.
Due to the structure of the deal, Weber is owed $27 million in the first year of the contract alone, which is assumed to be far too large a figure for the Predators to be able to afford.
Not to mention that he is owed a guaranteed $68 million in the first six years of the contract.
The team will undoubtedly be using the next seven days to figure out if they can retain the 26-year old’s services because it could be the biggest decision in the franchise’s history.
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