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Report: The Flyers Actually Offered Shea Weber $110 Million
By Kyle Scott
Published:
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.
Kyle Scott is the founder and editor of CrossingBroad.com. He has written for CBS Philly and Philly Voice, and been a panelist or contributor on NBC Sports Philly, FOX 29 and SNY TV, as well as a recurring guest on 97.5 The Fanatic, 94 WIP, 106.7 The Fan and other stations. He has more than 10 years experience running digital media properties and in online advertising and marketing.