Report: The Flyers Actually Offered Shea Weber $110 Million
It gets badassier.
Will release exclusive breakdown of what #Preds must offer to Weber and why Poile may have to walk away from aggressive #Flyers 110M offer
— Nick Kypreos (@RealKyper) July 19, 2012
According to Nick Kypreos, the Flyers offered Weber $110 million. Here’s the breakdown. These years don’t even sound real.
2012-2013 through 2015-2016 (4 seasons): $1 million salary + $13 million signing bonus per– $56 million
2016-2017 through 2017-2018 (2 seasons): $4 million salary + $8 million signing bonus per– $24 million
2018-2019 through 2021-2022 (4 seasons): $6 million salary per– $24 million
2022-2023 (1 season): $3 million salary per– $3 million
2023-2024 through 2025-2026 (3 seasons): $1 million salary per– $3 million
Total? $110 million
What does that mean? It means that Weber would receive $27 million before the start of next season (two $13 million signing bonuses + $ 1 million in salary for the 2012-2013 season). $41 million by July 1st of 2014. In total, $56 million over first four years of the deal.
The average annual value of the deal would be $7.85 million, the Flyers' cap hit.
Match that, Nashville.