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

JR Smith 'nervous as hell' about possible suspension

Dana White: No more WWE for Ronda Rousey

Kevin Love rips Kelly Olynyk for 'bush league' play

Report: Eli Manning not concerned about contract

Several teams interested in Bucs' No. 1 overall pick?

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Marcus Smart overslept, could get less playing time

Report: Adam Wainwright likely done for the season

DeMarco Murray: 'I'm not worried about the Cowboys'

Turner has great quote in defense of Bridgewater

Gary Bettman's quote about expansion makes no sense

Beltre sends Richards invoice for three broken bats

WATCH: Alex Gordon leaps into stands for incredible catch

WATCH: JR Smith ejected for hitting Jae Crowder in face

WATCH: Kevin Love leaves Game 4 with shoulder injury

Joe Flacco content with current Ravens receivers

WATCH: Demetrious Johnson wins with last-second submission

WATCH: Jerryd Bayless beats Bulls with buzzer-beater

John Legend catches Belichick checking out Chrissy Teigen

Jim Rice to Jim Palmer: 'Quit complaining'

Time Warner-Comcast failed merger hurts Dodgers fans

WATCH: Bucks mascot devours fan

Protestors tried to have Orioles-Red Sox game called off

Greg Hardy abandons his Bentley during flash flood

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

Alex Gordon leaps into stands for catch

Dana White: No more WWE for Rousey

Kevin Love rips Kelly Olynyk

JR Smith ejected for hitting Jae Crowder

Report: Wainwright likely done for year

UAB player brings helmet to graduation

Leah Still scores in Temple spring game

Sanchez shares thoughts on Tebow

Stephen A. Smith blasts Tom Brady

Kris Humphries apologizes for Jenner tweet

Five most boring NFL prime time matchups for 2015

Bruce Jenner: "For all intents and purposes, I am a woman"

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.