NASHVILLE -- In the most important hockey transaction in franchise history, Nashville Predators Chairman Tom Cigarran, President of Hockey Operations/General Manager David Poile and CEO Jeff Cogen announced today that the team has matched the 14-year, $110 million offer sheet between the Philadelphia Flyers and defenseman Shea Weber, insuring that the Predators' captain will remain with the franchise for the next 14 years.
The decision to enter into the largest contract in franchise history was made by all parts of the organization, including ownership, hockey operations and business operations.
As the organization analyzed the overall situation and worked toward a conclusion, the decision boiled down to three questions:
- Was Shea Weber the individual that this franchise wanted to lead our team, a team that would compete for the Stanley Cup every year, for the next 14 years?
- Would matching the offer sheet be in the best long-term interest of the team and organization?
- Would a decision not to match the offer sheet send a negative message to current Predators players and other NHL organizations, a message that the Predators would only go so far to protect its best players and be pushed around by teams with "deep pockets?"