Originally written on Inside Smashville  |  Last updated 11/15/14
Nashville_predators_v_e9e7

Nashville, Tenn. (July 24, 2012) –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?”

The answer to each of the above questions is clearly “yes.” The organization spent the last several days analyzing all aspects of the offer sheet, from economic implications to the impact on the team hockey operations puts on the ice.

Most importantly was the reaction to whatever decision the organization reached and the impact it would have on our fans, sponsors and marketing partners. We wanted to insure that our decision reflected not just the feelings of these groups but also conveys a strong message to them that our actions would speak for us and demonstrate our commitment to them. It was absolutely essential that they understand and believe that we are doing everything possible to ice a Stanley Cup competing team each and every season.

With this decision behind us, we continue to focus on our mission:  Develop Bridgestone Arena into the number one sports and entertainment facility in North America with a Stanley Cup-winning Nashville Predators team as the centerpiece. With Shea Weber in the fold for the next 14 years, we are closer to this mission, and will continue to contend for the Stanley Cup on an annual basis.

 

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Metta World Peace expresses interest to coach St John's

Knicks want Marc Gasol, do they know what they’re asking for?

New York Rangers are the first team to clinch a playoff spot

Victorino: I plan on playing every day for Red Sox in 2015

The Rams are still planning on drafting a quarterback

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Howard willing to make 'ultimate sacrifice' to help Rockets

Pacquiao bought P. Diddy’s house for $12.5M, fight tickets

The Seahawks are already winning the NFL Draft

Fiancée takes stand at Aaron Hernandez's murder trial

Thunder announce Kevin Durant to miss rest of season

Jeremy Maclin says he still believes in Chip Kelly

WATCH: 2 Chainz beats Dominique Wilkins in HORSE

Angels remove Josh Hamilton banner from front of stadium

Elite Eight preview: Arizona vs. Wisconsin

Support for relocation growing among NFL powers

Mother says special needs son forced to remove varsity letter

NFL owners chose cost over game integrity

Minnesota Timberwolves: Should they tank?

Be careful how loudly you cheer on Mo'ne Davis' olive branch

Twins to offer $19 Bloody Mary with pizza slice garnish

Ranking the NBA's hottest coaching seats

The beginning of the end for Notre Dame

An identity in flux: Harden and the collective consciousness

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

WATCH: 2 Chainz beats Nique in HORSE

Elite Eight preview and predictions: Notre Dame vs. Kentucky

Elite Eight preview and predictions: Arizona vs. Wisconsin

NFL owners chose cost over game integrity

Be careful how loudly you cheer on Mo'ne Davis' olive branch

James Harden and the collective consciousness

Hottest coaching seats in NBA

Under-the-radar NL MVP candidates

Notre Dame’s coach makes first Elite Eight

The last Expo standing

Five under-the-radar AL MVP candidates

Michigan sent recruit's GF a letter

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.