Shea Weber signed a 14 year, upwards of $100 million offer sheet with the Philadelphia Flyers late Wednesday night. The Nashville Predators fans are all on the edge of their seats for the next seven days because David Poile only has seven days to match the offer sheet. You can read the news story here.
This story is still developing and while it develops, you can read all the latest updates reported. Check often!
UPDATE – 10:42 AM CT:The money on the offer sheet is a confirmed $110 million, per CSN Philadelphia.
Here is how the contract will work:
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.
UPDATE – 11:10 AM CT: Here is the press release sent out by the Nashville Predators…
“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.”
UPDATE – 2:11 PM CT: “Shea Weber’s agent, Kevin Epp, said that money was not a factor in signing the offer sheet, but that Weber likes the Flyers’ history and [Stanley] Cup chances,” says Sam Carchidi of The Philadelphia Inquirer.
Shea Weber is fond of the Philadelphia Flyers and I think he would be a great fit there. Although, he will be more well liked in Nashville because, quite frankly we need him.
UPDATE – 2:36 PM CT: Weber’s agent, Jarret Bousquet, told ESPN 97.3 in South Jersey that he has not spoken to Poile since the offer sheet has been submitted.
After that, Darren Dreger of TSN came onto the show. He said that Shea Weber does not want to be in Nashville. This isn’t looking to good for the Predators.
More to come as we wait and wait.
UPDATE – 6:04 PM CT: Bousquet came on TSN Radio 1050 and said that Weber would like to play for the Philadelphia Flyers and doesn’t want o go through a re-builiding process. He later on said that if Suter stayed in Nashville, Weber and his agent wouldn’t even be talking to the Flyers.
Updated at 6:04 PM CT, Thursday, 7/19/12.