Simply put: if Weber retires before his contract expires, the Predators will be tagged with a $4.9 million cap hit through the 2026 season when the contract expires. He made $80 million in the first six years of the contract . Montreal can place Weber on long-term injured reserve for the season, which would open up his cap space for them to use accordingly next . He is an NHL All-Star and a two-time Olympic gold medallist.He is known to have one of the hardest shots in hockey history. If he goes in 2024, it jumps to over $12 million annually. However, the chances that he retires early are very high. Weber has six full years remaining on his contract. And if Weber retires with one year left, $24.5 million in cap charges are a LOT. Had Weber remained in Nashville the entire length of the contract, and retired in 2024, for example, Nashville would've been on the hook for the remaining $6,857,141 over the last two years—a. The later he retires, the worse it gets, but the absolute worst it could be is one year of $858k. Shea Weber, Montreal Canadiens ( Amy Irvin / The Hockey Writers . Then you factor that about 90% of the contract has been paid out, retirement (regardless of the injury) isn't such a crazy idea . Weber (ankle) is expected to miss the upcoming season and has likely played his last NHL game. Edit: If Weber wants to retire, it doesn't matter what franchise owns him when he retires, since the Preds always get the penalty. With salary cap recapture imminently looming over the Canadiens and Predators, Shea Weber determines the fate of both franchises. Nashville's total penalty is $24.572MM, while Montreal's is fluid. . Weber has five years remaining on his contract, . If this indeed the end, Weber will hang them up having racked up 224 goals and 589 points in 1038 games. [PuckPedia] If Shea Weber were to retire (instead of going on LTIR) this summer with 5 years left on his deal, the recapture penalties would be: Preds - $4.9M/year for 5 years Canadians - $543K/year for 5 years. Stay up to date with NHL player news, rumors, updates, analysis, social feeds, and more at FOX Sports. Shea Weber, Montreal Canadiens The Cap Recapture Penalty It is being reported that defenceman Shea Weber will join his teammates in Montreal Saturday for the first time since November of 2021. Earlier this month, chief executive Marc Bergevin said Weber didn't undergo. If he does in fact retire before the contract expires, Nashville and Montreal would both be hit with . . Potential salary cap implications While Weber's cap hit will remain $7,857,143M through the 2025-26 season, per Cap Friendly, his salary goes from $6M in 2021-22 to $3M in 2022-23 before dropping to $1M in each of the final three seasons. By. If Shea Weber were to retire (instead of going on LTIR) this summer with 5 years left on his deal, the recapture penalties would be:#Preds - $4.9M/year for 5 years#GoHabsGo - $543K/year for 5 . In the discussion, which was conducted in French, Drouin . APR 28, 2021 (17H43) TIM TUCKER. If Weber retires in 2023, the Predators will be tagged with over $8.1 million in annual recapture penalties. But, if you are thinking what I'm. If he retires this year, that gets spread over four years and is basically negligible. $ Signed a 14-year, $110 million contract with the Predators in July of 2012. To put that number in context: Even with Subban's 9 million cap hit, the Predators entire defense signed for next year comes to a total of $21,862,500. . If Weber retires, he's one of the rare contracts who'd have a recapture penalty, the team that has him on their roster ( unless it's Nashville ) gets hit with a small penalty ( around 500k for a couple years ) and then Nashville since they signed him gets hit with a big penalty that can't exceed Weber's AAV. He is due just $12 million in actual salary over the next five seasons. If Weber retires this summer, there will be approximately $4.9 million of dead cap for the next five years — in 2022 it becomes $6.1 million for four years. If the aging defender puts off . Brian La Rose - July 14, 2021. . Weber had a power-play goal, two shots on net and one hit in Monday's 2-1 win over the Flames. Shea Weber, 35, has five more years left on the 14-year contract he signed in 2012. If he retires early, it hurts the Preds way more than the Habs. Weber is receiving a salary of US$6 million this season and if he retires, he doesn't get that dough. Also, if he retires prematurely, his former team, the Nashville Predators, will be assessed a penalty. While the Shea Weber file is currently generating a lot of reactions, the Montreal Canadiens organization has just put an end to the speculation and made an official announcement. APR 26, 2022 (17H16) JEFF DROUIN. Weber's status has short- and long-term implications for both Montreal and Nashville. TVASports' Renaud Lavoie tweeted Wednesday night that there were rumblings Montreal's captain will not be . First of all, Weber wants to avoid losing the 12 million dollars in salary he still has on his contract, which is perfectly normal. The Predators would be on the hook for $4,914,286 per season until 2026 if Shea Weber were to retire (and not end up on LTIR). a $24,571,428 cap hit if Weber were to retire with one year left on his contract. 1:32 PM - Mar 18 #17. Subban on June 29, 2016. If Weber were to retire, as opposed to landing on long-term injured reserve, the Predators would face a cap charge in each . The Predators have the defensive depth to be able to replace Weber. Florence Labelle/NHLI via Getty Images. Shea Weber's time with the Canadiens may be coming to a close — from a number of angles. If Weber retires this summer, there will be approximately $4.9 million of dead cap for the next five years — in 2022 it becomes $6.1 million for four years. "Weber holds a cap hit of $7,857,143 until 2025-26, but according to PuckPedia over the summer, the cap recapture penalties would be $6.1 million per season for four years to Nashville and just over $200,000 for the Canadiens.". Weber one-timed a feed from Tomas . If Weber were to retire after the 2014-2015 season with the Flyers (bear with me for the sake of this example), the Flyers would be required to pay back that $6.143 million advantage over the life . 1) Shea Weber retires June 30/22 - there is a $214k cap penalty for 4 years to the habs and a massive 6.1M recapture penalty to Nashville for his front loaded contract 2) Shea Weber thinks he can. At the Habs season-ending meet the media session, Price admitted to the media that he was contemplating retirement. Shea Weber Could Miss The Entire 2021-22 Season. If Weber were to retire in 2022, for example, then the Predators would still be responsible for a $6.14 million cap hit over four years. Yes, Weber was 27 years old and one of the top . With ten years still to go on the deal, if Shea Weber retired this summer Nashville would be left with an annual cap recapture penalty of $2.46m until 2026. Initial Creation Date: Jul. If Weber was to retire today, they would both be penalized. the Nashville Predators - the team that signed Weber to a 14-year contract back in . The Wild's cap recapture penalty locks in at $19.6 million dollars. If Weber was to officially retire from the NHL instead of being on long-term injured reserve like he is now. If he retires this year, that gets spread over four years and is basically negligible. News broke Wednesday evening that Montreal Canadiens captain Shea Weber could miss the 2021-22 season "due to . If the . Weber's salary drops to $3 million in 2022-23; and, after that, until 2025-26 he'll be paid $1 million per season - that is if he plays those final three years. Jul 22, 2021 at 11:35 am ET • 1 min read. If Shea Weber were to retire (instead of going on LTIR) this summer with 5 years left on his deal, the recapture penalties would be:#Preds - $4.9M/year for 5 years#GoHabsGo - $543K/year for 5 . Shea Weber contract. He has five seasons remaining on his contract at $7.8 million per year, and the Canadiens would have a "cap. NHL trade rumors for May 21, 2022 feature the Montreal Canadiens searching for a goalie if Carey Price retires. When Shea Weber signed a 14-year, $110M offer sheet from the Philadelphia Flyers in 2012, everyone knew right away that it would end badly. According to Luc Gelinas of 91.9 Sports Radio, Weber will be in town for the players' annual exit physicals and will join his teammates for a review of the season with GM Kent . Brett Kulak: $925,000 (50%) Ben Chiarot . [PuckPedia] If Shea Weber were to retire (instead of going on LTIR) this summer with 5 years left on his deal, the recapture penalties would be: Preds - $4.9M/year for 5 years Canadians - $543K/year for 5 years. He also forfeits all of the money left on the 14-year, US$110-million contract he signed . I'm missing the leverage of how an employer / NHL forces him to retire for being unable to live up to his contract, other than Weber / his lawyers and advisors team wanting to avoid a lawsuit . Nashville would then be looking. It is really a shame that Shea Weber's career had to end after the surprise Stanley Cup run by the Montreal Canadiens last year.. Weber is being forced to retire from a series of injuries he has accumulated over the years. Shea Weber Retirement. But what happens in the case of the Weber/Subban trade is that the NHL looked at how much money Shea Weber made from 2013-2016 and compared it to how much the cap hit was. According to Luc Gelinas of 91.9 Sports Radio, Weber will be in town for the players' annual exit physicals and will join his teammates for a review of the season with GM Kent . Multiple reports came out on Wednesday night - one from TVA Sports . They would only have to pay the full $24.571 million should Weber retire in the final year of his contract. This is just the main scenario where the Predators could get burned in this mammoth Subban for Weber swap. Drafted in the second round, 49th overall, by the Nashville Predators in the 2003 NHL Entry Draft, Weber . Weber currently has five years remaining on a gigantic 14-year deal he signed with the Preds. Rotowire Apr 27, 2021. Retirement information: February 20, 1900: number: March 16, 1900: NHL Draft: 49th overall, 2003 Nashiville Predators: His net worth, salary, wife, family and more: . Weber has five years remaining on his contract, meaning that the Nashville Predators — not the Canadiens because they didn't sign the contract — will have to endure the fine. Our net balance is $858k in potential cap recapture penalties at the end of this season (it's slightly more now, about a million). Subban Jul 24 2012 Signed a 14 year $110 million contract with Nashville (NAS) Aug 4 2011 Signed a 1 year $7.5 million contract with Nashville (NAS) Jun 23 2008 Signed a 3 year $13.5 million contract with Nashville (NAS) Weber's 14-year, $110 million deal, constructed by the Philadelphia Flyers and matched by the Predators in 2012, certainly qualifies. Also, if he retires prematurely, his former team, the Nashville Predators, will be assessed a penalty. His cap hit for those three seasons equaled up to $31,428,572. Also, he established a strong leadership role. So if Weber were to retire due to his injuries this season, then the Predators will have to pay $4.9 million per season until the contract is over; if he plays until 2025-26, the Predators will. 15, 2021. . Weber has cost Nashville $31.4m against the cap during that period ($7.86m annual cap hit x four years) This gives us a cap recapture penalty of $24.6m. But, if you are thinking what I'm thinking, at the end of the 2022-23 season it might just be a good time to retire. Just some ideas, others include Vince Dunn and Seth Jones. 2022-03-18T13:32. The Predators need to be able to match that first year because they aren't able to trade Weber in Year One; the current collective bargaining agreement stipulates that in any situation where a team matches the offer sheet to one of their restricted free agents . Shea Weber has spent 16 years in the NHL. The later he retires, the worse it gets, but the absolute worst it could be is one year of $858k. The difference - $24,571,428 - becomes eligible for recapture. Shea Michael Weber (born August 14, 1985) is a Canadian professional ice hockey defenceman and captain of the Montreal Canadiens of the National Hockey League (NHL). Free Agent Signings. There's a very real possibility that Weber will retire before the end of his contract, and it could easily happen in the last three years of his deal - which see him paid just $1 million a season in actual salary. Weber turned 36 years of age this past August, meaning he would be 37 years old by the time the 2022-23 season begins. After, Weber started a three-year contract in $13.5 million extensions with the Predators on 23 June 2008. Weber played his first 11 NHL seasons for Nashville before he was traded to Montreal for defenseman P.K. Very Good Perspective however as I previously stated Shea Weber forfeits $6M ($3M 2022-23, and $1M for each of the next 3 seasons), if he retires. Should Parise then retire after this season, that $19.6 million would be spread out over five years, meaning the Wild suffer a . Our net balance is $858k in potential cap recapture penalties at the end of this season (it's slightly more now, about a million). It is being reported that defenceman Shea Weber will join his teammates in Montreal Saturday for the first time since November of 2021. General manager Marc Bergevin told reporters, "Even . Any cap savings over that time become eligible for recapture. Transactions Jun 29 2016 Traded to Montreal (MTL) from Nashville (NSH) for P.K. Below is a full breakdown of how much Nashville and Montreal would owe by year: 2022-23 . If he retires in the final five years of his deal, they'll incur salary-cap recapture penalties worth between $3.675 million to $4.275 million. Weber, who has been on the long-term injured list since the beginning of the season and has been completely absent from the team's . Weber has a tenuous history with the Predators - having attempted to flee the franchise via an offer sheet with Philadelphia . First of all, Weber wants to avoid losing the 12 million dollars in salary he still has on his contract, which is perfectly normal. Weber cannot officially retire until his contract expires at the end of the 2025-26 season.. Weber's contract was shopped at the NHL trade deadline, with the Arizona . But if he were to retire in 2025, then they would no longer . Roberto Luongo, Vancouver Canucks 6 of 9 HabsWorld.net --. "I've been really enjoying my time here," Weber said last month . Get the latest NHL news on Shea Weber. Weber's salary drops to $3 million in 2022-23; and, after that, until 2025-26 he'll be paid $1 million per season - that is if he plays those final three years. David Legwand has a full no-movement clause and there's some belief the center prefers to remain in the Midwest, speculating the Blackhawks and Red Wings will come calling.and speculation . If he retires, the Predators will be required to pay $24,571,428 divided by the number of years remaining on the contract: $4,095,238 if he. The Montreal Canadiens will hope to find out Carey Price's future by the 2022 NHL Entry Draft in June. With five years left on his current contract . Hearing in one calendar year, he could make $26 mil. Should Weber retire at any point prior to the conclusion of his contract in 2025-26, the Predators would be . Read Past Outlooks. While the 35-year-old defender can still clap bombs from the point, Weber is noticeably slower and seems to get caught out of position much more often than he ever did. Shea Weber's thumb injury that he played through during the playoffs wasn't expected to cost him much time but it appears there are other injuries that will be an issue. APR 27, 2022 (10H46) TIM TUCKER. He's going to get paid that until he retires or until the 2025-2026 season when Weber will be 40 years old. In a media discussion on Tuesday, Montreal Canadiens forward Jonathan Drouin may have leaked some critical information that could be nightmare fuel for Nashville Predators general manager David Poille. In Nashville's case, they paid $56MM in salary while accruing a total cap charge of $31,428,572. RFA YEARS . Nashville, which matched and was where Weber played the next four years, would have a "cap recapture" penalty of slightly more than $4.9M per season through 2025-26 if the defenceman retires. Retained Salary Transactions. Spokesperson Paul Wilson told media that Weber is on the team's long-term injured list and that he has not retired. So he made $14 million in those 3 seasons which equaled up to $56 million total. What is it that is pushing Shea Weber so hard not to make his retirement official? In a worst-case scenario, the 34-year-old retires in the last year of the deal and the Predators are liable for $24.571 million. Its going to be fascinating to see financial terms of Weber's offer sheet. Here's my team following a Weber retirement or season absence announcement. a $24,571,428 cap hit if Weber were to retire with one year left on his contract. It hasn't been a great season for Shea Weber of the Montreal Canadiens. ONE ANALYST THINKS SO. NHLI via Getty Images Weber has five seasons left with an average annual value of $7.8 million on the 14-year contract he signed with the Predators in. However, next season marks a drop for Weber below his cap number for the remaining eight years of his contract. News broke Wednesday evening that Montreal Canadiens captain Shea Weber could miss the 2021-22 season "due to . Canadiens' Shea Weber: Breaks scoring slump. APR 27, 2022 (10H46) TIM TUCKER. The only options the Habs have are to LTIR him or buy him out; again buying him out means he goes on waivers and can be claimed, though he then goes to Nashville's LTIR and won't really affect their cap situation badly. Weber would be a huge loss both on the ice and in the locker room for Montreal. Now, Weber is not going to retire this off-season. Then you factor that about 90% of the contract has been paid out, retirement (regardless of the injury) isn't such a crazy idea . Created by: Club_de_Hockey_le_Canadien.
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