Wanna blog? Start your own hockey blog with My HockeyBuzz. Register for free today!
 
Forums :: Blog World :: Eklund: FLYERS OFFER SHEET SHEA WEBER
Author Message
nucks_94
Vancouver Canucks
Joined: 12.05.2008

Jul 19 @ 10:28 AM ET
Jesus Christ! 14 years... 14 mill per year for the first 4 years... 12 mill per year for years 5 and 6... That's a lot of cash.

Also, how is this not cap circumvention?

Year 1. (27 years old) 14 M
Year 2: (28) 14 M
Year 3: (29) 14 M
Year 4: (30) 14 M
Year 5: (31) 12 M
Year 6: (32) 12 M

Year 7: (33) 6M
Year 8: (34) 6M
Year 9: (35) 6M
Year 10: (36) 6M
Year 11: (37) 3M
Year 12: (38) 1M
Year 13: (39) 1M
Year 14: (40) 1M

80 Million paid out by the time Weber is 32. That is over 70% of the entire value of the contract. Not to mention there is no possible reason to think that Weber's play will decrease that significantly from age 32 to 33. This has to be cap circumvention.
prock
Vegas Golden Knights
Location: Bobby Ryan + 1st rounder for Clarkson, ON
Joined: 08.30.2007

Jul 19 @ 10:28 AM ET
exactly... well (frank)in played... why is everyone so pissed... the other teams shoulda pulled the trigger instead of doing the less obvious version of exactly what philly did... the other teams are trying to low ball nash with their offers or one would have been accepted already... it was a great move by philly to get a guy they wanted.... done and done
- DarcyTucker16



I think you're totally missing the point. It has nothing to do with the offersheet. Like many other contracts, that have been investigated, and complained about by many fans, and in one case (Kovalchuk), penalized.

There is nothing wrong with the offer sheet. It's the retarded contract designed to circumvent the cap that people have an issue with.
prock
Vegas Golden Knights
Location: Bobby Ryan + 1st rounder for Clarkson, ON
Joined: 08.30.2007

Jul 19 @ 10:29 AM ET
Also, how is this not cap circumvention?

- nucks_94


It's textbook circumvention, and I'd say just as bad, if not worse than the contract Jersey was penalized for.
DarcyTucker16
Toronto Maple Leafs
Location: St.Albert, AB
Joined: 06.24.2011

Jul 19 @ 10:30 AM ET
i don't think anyone's pissed that the flyers offersheeted weber... it's the contract that people have an issue with. this is just another stupid contract added onto the already huge list of parise, suter, kovy, luongo, hossa, etc... hell even brad richards.
- rangerdanger94

i think its split... do we even know what the format is yet? i thought it was speculation? and a lot of people are pissed about the offer sheet because it doesnt happen that often... its the leagues problem to fix the contract situation... if you as a GM are not trying everything you can within the rules to make your team better then your not doing your job... if the nhl doesnt cancel this contract then it was clearly within the rules... and a job well done
PhillyFran
Philadelphia Flyers
Location: Philly, PA
Joined: 06.21.2010

Jul 19 @ 10:30 AM ET
EK has to be loving this site crashing on a thursday morning in july
MrSquirrel
Buffalo Sabres
Location: NY
Joined: 07.05.2012

Jul 19 @ 10:30 AM ET
These long term deals are nonsense
nucks_94
Vancouver Canucks
Joined: 12.05.2008

Jul 19 @ 10:31 AM ET
It's textbook circumvention, and I'd say just as bad, if not worse than the contract Jersey was penalized for.
- prock

So... say Nashville doesn't match and gets Philly's next four first rounders. If Philly gets penalized by the league, they might not have a first round pick for the next 5 or 6 years
J-P
Location: goo.gl/wzUUGe
Joined: 01.21.2007

Jul 19 @ 10:31 AM ET
Jesus Christ! 14 years... 14 mill per year for the first 4 years... 12 mill per year for years 5 and 6... That's a lot of cash.

Also, how is this not cap circumvention?

Year 1. (27 years old) 14 M
Year 2: (28) 14 M
Year 3: (29) 14 M
Year 4: (30) 14 M
Year 5: (31) 12 M
Year 6: (32) 12 M

Year 7: (33) 6M
Year 8: (34) 6M
Year 9: (35) 6M
Year 10: (36) 6M
Year 11: (37) 3M
Year 12: (38) 1M
Year 13: (39) 1M
Year 14: (40) 1M

80 Million paid out by the time Weber is 32. That is over 70% of the entire value of the contract. Not to mention there is no possible reason to think that Weber's play will decrease that significantly from age 32 to 33. This has to be cap circumvention.

- nucks_94


top shelf 15
Ottawa Senators
Joined: 11.23.2008

Jul 19 @ 10:31 AM ET
i think its better... i hate the fact taht getting last is now a good thing... i understand rebuilding but what edmontons management is doing is stupid... theyve literally done nothing to improve that team... early someone argued that sports is about competition and not wallets... please enlighten me on how edmonton has competed these last 4 years?
- DarcyTucker16

I agree about rewarding teams for failure ,you should try to win at all costs
Thehabsfan93
Montreal Canadiens
Location: Toronto, ON
Joined: 09.17.2011

Jul 19 @ 10:32 AM ET
Nashville will match the offer for sure, with Suter gone, it would be a giant blow to lose Weber and Suter in the same offseason.
DarcyTucker16
Toronto Maple Leafs
Location: St.Albert, AB
Joined: 06.24.2011

Jul 19 @ 10:32 AM ET
I think you're totally missing the point. It has nothing to do with the offersheet. Like many other contracts, that have been investigated, and complained about by many fans, and in one case (Kovalchuk), penalized.

There is nothing wrong with the offer sheet. It's the retarded contract designed to circumvent the cap that people have an issue with.

- prock


if its not within the rules then the nhl will cancel it... if it is within the rules then ITS NOT CAP CIRCUMVENTION its up to the league to fix this stuff... not the flyers gm... if it stands then nothing is wrong... if it doesnt well then they didnt get the player everything is like it was before... i dont get why everyone is pissed at them trying?
top shelf 15
Ottawa Senators
Joined: 11.23.2008

Jul 19 @ 10:33 AM ET
Jesus Christ! 14 years... 14 mill per year for the first 4 years... 12 mill per year for years 5 and 6... That's a lot of cash.

Also, how is this not cap circumvention?

Year 1. (27 years old) 14 M
Year 2: (28) 14 M
Year 3: (29) 14 M
Year 4: (30) 14 M
Year 5: (31) 12 M
Year 6: (32) 12 M

Year 7: (33) 6M
Year 8: (34) 6M
Year 9: (35) 6M
Year 10: (36) 6M
Year 11: (37) 3M
Year 12: (38) 1M
Year 13: (39) 1M
Year 14: (40) 1M

80 Million paid out by the time Weber is 32. That is over 70% of the entire value of the contract. Not to mention there is no possible reason to think that Weber's play will decrease that significantly from age 32 to 33. This has to be cap circumvention.

- nucks_94

Hopefully the teams that where talking to nashvile pipe up and move to try and have this contract torn up
PhillyFran
Philadelphia Flyers
Location: Philly, PA
Joined: 06.21.2010

Jul 19 @ 10:33 AM ET
Jesus Christ! 14 years... 14 mill per year for the first 4 years... 12 mill per year for years 5 and 6... That's a lot of cash.

Also, how is this not cap circumvention?

Year 1. (27 years old) 14 M
Year 2: (28) 14 M
Year 3: (29) 14 M
Year 4: (30) 14 M
Year 5: (31) 12 M
Year 6: (32) 12 M

Year 7: (33) 6M
Year 8: (34) 6M
Year 9: (35) 6M
Year 10: (36) 6M
Year 11: (37) 3M
Year 12: (38) 1M
Year 13: (39) 1M
Year 14: (40) 1M

80 Million paid out by the time Weber is 32. That is over 70% of the entire value of the contract. Not to mention there is no possible reason to think that Weber's play will decrease that significantly from age 32 to 33. This has to be cap circumvention.

- nucks_94

NO its not because most of the salary is bonus money just like in parise and suter my guess is his salary is only 2mill the first two years which is hy the last can be 1mill
prock
Vegas Golden Knights
Location: Bobby Ryan + 1st rounder for Clarkson, ON
Joined: 08.30.2007

Jul 19 @ 10:33 AM ET
i think its split... do we even know what the format is yet? i thought it was speculation? and a lot of people are pissed about the offer sheet because it doesnt happen that often... its the leagues problem to fix the contract situation... if you as a GM are not trying everything you can within the rules to make your team better then your not doing your job... if the nhl doesnt cancel this contract then it was clearly within the rules... and a job well done
- DarcyTucker16



I haven't seen a single person complain about the offer sheet in principle. It's the contract that they did it with. I think you're severly misunderstanding people here. Look at the contract someone just posted above.

Not that we needed to see it. We knew that it was at least $26M in the first season of a 14 year contract (first two years, really, and close to $35M).

That's a third of the contract paid out int he first two years, for a contract that goes into his 40s. I’m not sure how anyone can argue that isn’t blatant cap circumvention.
MeLLo
Philadelphia Flyers
Location: Phoenixville, PA
Joined: 07.19.2012

Jul 19 @ 10:34 AM ET
From crossingbroad.com

"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."
PhillyFran
Philadelphia Flyers
Location: Philly, PA
Joined: 06.21.2010

Jul 19 @ 10:35 AM ET
It's textbook circumvention, and I'd say just as bad, if not worse than the contract Jersey was penalized for.
- prock

Sorry you are wrong they put in new rules after the kovy contract problem is Bonus money doesn't matter just actual salary
top shelf 15
Ottawa Senators
Joined: 11.23.2008

Jul 19 @ 10:36 AM ET
I think you're totally missing the point. It has nothing to do with the offersheet. Like many other contracts, that have been investigated, and complained about by many fans, and in one case (Kovalchuk), penalized.

There is nothing wrong with the offer sheet. It's the retarded contract designed to circumvent the cap that people have an issue with.

- prock

That and how it really backs a smaller team into a corner ,it a bully type of play that should ,nt be allowed
big_dion
Toronto Maple Leafs
Location: I've been successful in business for years which is why I can be on hockeybuzz. - HH
Joined: 08.23.2010

Jul 19 @ 10:36 AM ET
I haven't seen a single person complain about the offer sheet in principle. It's the contract that they did it with. I think you're severly misunderstanding people here. Look at the contract someone just posted above.

Not that we needed to see it. We knew that it was at least $26M in the first season of a 14 year contract (first two years, really, and close to $35M).

That's a third of the contract paid out int he first two years, for a contract that goes into his 40s. I’m not sure how anyone can argue that isn’t blatant cap circumvention.

- prock


yep.

but if your looking for someone to argue it isnt, it will be the flyers fans, they know everything about hockey, you didnt get the memo? with Ek by their side, there is no stopping them!
DarcyTucker16
Toronto Maple Leafs
Location: St.Albert, AB
Joined: 06.24.2011

Jul 19 @ 10:36 AM ET
I haven't seen a single person complain about the offer sheet in principle. It's the contract that they did it with. I think you're severly misunderstanding people here. Look at the contract someone just posted above.

Not that we needed to see it. We knew that it was at least $26M in the first season of a 14 year contract (first two years, really, and close to $35M).

That's a third of the contract paid out int he first two years, for a contract that goes into his 40s. I’m not sure how anyone can argue that isn’t blatant cap circumvention.

- prock


ya exactly look at the contract above... if the league approves of it then there is nothing wrong with it... Its up to the league to fix stuff not the flyers... if the league cancels it then everything is back to before... i really dont get how people can be pissed about this
prock
Vegas Golden Knights
Location: Bobby Ryan + 1st rounder for Clarkson, ON
Joined: 08.30.2007

Jul 19 @ 10:36 AM ET
So... say Nashville doesn't match and gets Philly's next four first rounders. If Philly gets penalized by the league, they might not have a first round pick for the next 5 or 6 years
- nucks_94


Well, that would nullify the contract though. Jersey had to renegotiate with Kovalchuk, and find a contract acceptable.


Nashville’s dream is to take the picks, have someone else screw Philly for Giroux, Voracek, Schenn, and those picks end up very good ones.
DarcyTucker16
Toronto Maple Leafs
Location: St.Albert, AB
Joined: 06.24.2011

Jul 19 @ 10:36 AM ET
yep.

but if your looking for someone to argue it isnt, it will be the flyers fans, they know everything about hockey, you didnt get the memo? with Ek by their side, there is no stopping them!

- big_dion

does my team say im a flyers fan?
jonandabby
Joined: 07.19.2012

Jul 19 @ 10:36 AM ET
This has nothing to do with Bobby Ryan...
- isles10289


Yes it does. If the Predators do what I think they will, then Holmgren will trade players for the picks in return for the Preds NOT matching (Gratton deal), unless of course the Predators match and Holmgren has kept Weber away from the rest of the East.

Holmgren can't trade for Ryan if he is going to trade for Weber. If he doesn't get Weber, he trades for Ryan.
big_dion
Toronto Maple Leafs
Location: I've been successful in business for years which is why I can be on hockeybuzz. - HH
Joined: 08.23.2010

Jul 19 @ 10:37 AM ET
From crossingbroad.com

"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."

- MeLLo


your a winner alright.
BulliesPhan87
Philadelphia Flyers
Location: the lone wolf of hockeybuzz
Joined: 07.31.2009

Jul 19 @ 10:37 AM ET
Jesus Christ! 14 years... 14 mill per year for the first 4 years... 12 mill per year for years 5 and 6... That's a lot of cash.

Also, how is this not cap circumvention?

Year 1. (27 years old) 14 M
Year 2: (28) 14 M
Year 3: (29) 14 M
Year 4: (30) 14 M
Year 5: (31) 12 M
Year 6: (32) 12 M

Year 7: (33) 6M
Year 8: (34) 6M
Year 9: (35) 6M
Year 10: (36) 6M
Year 11: (37) 3M
Year 12: (38) 1M
Year 13: (39) 1M
Year 14: (40) 1M

80 Million paid out by the time Weber is 32. That is over 70% of the entire value of the contract. Not to mention there is no possible reason to think that Weber's play will decrease that significantly from age 32 to 33. This has to be cap circumvention.

- nucks_94

The Kovalchuk rules outline exactly what is acceptable when it comes to frontloading contracts. If this complies with that rule (and the rest of the CBA, obviously), it's not cap circumvention.
J-P
Location: goo.gl/wzUUGe
Joined: 01.21.2007

Jul 19 @ 10:37 AM ET
From crossingbroad.com

"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."

- MeLLo


Suicide for Nashville. It's worse than I thought so the 26 mil is a signing bonus and doesn't include a 7+ mil salary.
Page: Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29  Next