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Preds MATCH offer for Weber


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#21 ghdi

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Posted 24 July 2012 - 02:49 PM

How is this contract "legal" but Kovy's wasn't?

This is an insane amount over a ridiculous term.


Because when Kovy's first deal was rejected and we were penalized, they created an amendment to the CBA once his new contract was approved.

http://sports.espn.g...tory?id=5528523

As part of the amendment, the NHL has agreed to stop looking into the long-term deals of Chris Pronger, Roberto Luongo, Marc Savard and Marian Hossa, the league and NHLPA said in a joint statement.

In exchange for allowing those four contracts and Kovalchuk's new deal to stand under the old rules, the NHLPA agreed to new regulations governing how front-loaded, long-term contracts count against the salary cap.

A news release from the NHL and NHLPA said that "under the terms of the agreement, the new rules will apply only to long-term contracts, defined as those with terms of five years or longer, and only to contracts executed after Sept. 4, 2010. The new rules apply to contracts signed between now and the end of the CBA, as well as all contracts signed that begin in the 2012-13 season. The parties have agreed that the new rules do not automatically carry over into a new CBA."

In the future, the salary cap hit for any contract that is five years or more in length and takes a player to his 41st birthday or beyond will be determined by the average of the yearly salaries only until the year in which the player turns 40.


They don't care anymore, at least not until the new CBA.

Glad for the Preds and more importantly glad that we dont have to deal with Shea Weber for a decade.

Edited by ghdi, 24 July 2012 - 02:50 PM.

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#22 mrthemike

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Posted 24 July 2012 - 02:52 PM

Good
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#23 MantaRay

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Posted 24 July 2012 - 02:54 PM

Stunned that such a small market team would do this, but Weber is the real deal good move, just hope the salary cap doesn't kill the team surrounding him.
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#24 TheMazz

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Posted 24 July 2012 - 02:55 PM

A sign and trade?

I thought sign and trades weren't allowed in the NHL?
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#25 devilsrule33

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Posted 24 July 2012 - 02:56 PM

Couldn't have happened, Zach elected for arbitration last summer.


Real glad that Weber is staying the hell out of the Atlantic, though. I'm curious to see if Holmgren tries for a home run trade for a defenseman. I could see him going after Yandle.


I think the team elected for arbitration to avoid an offer sheet.
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#26 Neb00rs

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Posted 24 July 2012 - 03:02 PM

Stunned that such a small market team would do this, but Weber is the real deal good move, just hope the salary cap doesn't kill the team surrounding him.


One one hand the Pred have cap room. On the other, they have five d-men and no first line.
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#27 capo

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Posted 24 July 2012 - 03:04 PM

They're going to have make some cheap t-shirts and a pay4Weber campaign to get their fans to chip in... Think they can raise 25 mil doing it?
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#28 ghdi

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Posted 24 July 2012 - 03:06 PM

A sign and trade?

I thought sign and trades weren't allowed in the NHL?


They're not. And the Preds can't trade him for a year anyway.
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#29 MadDog2020

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Posted 24 July 2012 - 03:10 PM

Good. Thanks Nashville.
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#30 Colin226

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Posted 24 July 2012 - 03:19 PM

Reading the Cryers board on HF is chicken soup for the soul.. Drink up
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#31 Jas0nMacIsaac

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Posted 24 July 2012 - 03:19 PM

We will see how good Weber can play without Suter as his linemate and vice versa. I'm not sure how effective he will be at 45% against top players with someone like Ellis on his pair.
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#32 Z-Man

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Posted 24 July 2012 - 03:23 PM

They're not. And the Preds can't trade him for a year anyway.


They won't trade him for at least 2 years:

Bonus #1 due immediately (7/24/12): $13,000,000
2012-2013 salary: $1,000,000
Bonus #2 due first day of league year (7/1/13): $13,000,000

I read somewhere that they couldn't trade him until 7/24/13 (1 year anniversary of the contract). They won't be paying $13,000,000, and then trading him 3 weeks later.
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#33 Devilsfan118

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Posted 24 July 2012 - 03:38 PM

Phewww...bullet dodged, in my mind.

But also, yeah these terms are ridiculous.

2012-13 (age 27): $1 million salary + $13 million signing bonus (league maximum $14M)
2013-14 (28): $1 million salary + $13 million signing bonus (league maximum $14M)
2014-15 (29): $1 million salary + $13 million signing bonus (league maximum $14M)
2015-16 (30): $1 million salary + $13 million signing bonus (league maximum $14M)
2016-17 (31): $4 million salary + $8 million signing bonus (total $12 million)
2017-18 (32): $4 million salary + $8 million signing bonus (total $12 million)
2018-19 (33): $6 million salary
2019-20 (34): $6 million salary
2020-21 (35): $6 million salary
2021-22 (36): $6 million salary
2022-23 (37): $3 million salary
2023-24 (38): $1 million salary
2024-25 (39): $1 million salary
2025-26 (40): $1 million salary
TOTAL: $110 million


That is absurd. Absolutely absurd.

Edited by Devilsfan118, 24 July 2012 - 03:43 PM.

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#34 SterioDesign

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Posted 24 July 2012 - 03:43 PM

on the same topic... Do you think let's say Zach would have signed an offer sheet last summer before arbitration with Minny that Lou would have matched it ? lets say the same contract that he signed this year?

i really don't know personally (ownership situation asides of course... lets say the money was there)
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#35 jim777

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Posted 24 July 2012 - 04:01 PM

Very happy he isn't joining the Flyers! this would have been huge for them.
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#36 Revan

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Posted 24 July 2012 - 04:06 PM

Good for us. Good for the Preds. Bad for their finances. My, those signing bonuses are gigantic and they can't even drop contracts to afford it (they gotta reach the cap floor).

I'm happy.
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#37 halfsharkalligatorhalfman

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Posted 24 July 2012 - 04:13 PM

Well Nashville's owners have a nice incentive to avoid a lockout now.
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#38 BlueSkirt

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Posted 24 July 2012 - 04:55 PM

27 million for a year, so play him 27 minutes every night !

I'm glad he's not in our division next season !!

Doh

Weber earned 7.5 M and averaged 29 minutes nine seconds of ice time last season, second on the team to his former partner, Suter


So play him 35 minutes a night !

Edited by BlueSkirt, 24 July 2012 - 04:59 PM.

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#39 David Puddy

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Posted 24 July 2012 - 05:02 PM

Phew.
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#40 Devs1965

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Posted 24 July 2012 - 05:22 PM

Finally some good news!
I still would like to see Lou do something, but I'm not expecting anything unil the new CBA has been settled could hurt a lot of teams depending on what they do with the cap!
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