Shea Weber’s Arbitration Decision Right On The Money

Shea Weber and the Nashville Predators couldn’t have been further away heading into Tuesday’s arbitration hearing.  Sources said that Nashville was offering around $4.75 million per season, while Weber was asking for $8.5 million.  As it turned out Weber’s request was much closer to what the arbitration hearing decided Weber was worth when he was given $7.5 million for the season.  Since this was a team-appointed arbitration hearing (which can only be done once in a players career), the Predators didn’t have a choice to walk away from the contract and make Weber a free agent.  That being said there was no real chance that the Predators would have walked away from such an elite player and the captain of their team.  Even if the owners decided they couldn’t afford to keep Weber, I can think of 29 other teams in the NHL that would be chopping at the bit to get Weber on the team, and these 29 teams would have happily paid the $7.5 million contract, while also giving Nashville many assets in return.

Weber Deserves His $7.5 Million

With this 1 year, $7.5 million contract Weber has become the highest paid defenseman in the National Hockey League.  As for the people who think that the highest paid defenseman should be the best, that theory is flawed because there are many things to consider.  First of all, when the other d-men earned their contract (their season(s) leading into that contract and the salary cap at the time).  And second of all, the length and situation of the contract.

Shea Weber

Last season, Weber had 16 goals and 48 points with a +7 rating and was a finalist for the Norris trophy, coming 2nd in voting, just 9 points back of Nicklas Lidstrom.  This Norris candidacy shows that Weber does more on the ice than just put up points, he is an all around defenseman that usually matches up against the top players on opposing teams.  Since the 06-07 season, Weber is tied with Mike Green for the most defenseman goals.  Weber was also a key player in helping Nashville make it to the second round for the first time in team history, he scored 5 points and was a +3 in 12 games.

Weber earned $7.5 million for 1 season.  Salary Cap $64.3 million.

Dion Phaneuf

Phaneuf scored 60 points, including 17 goals and had a +12 rating the season before his contract, which began in the 08-09 season.  Phaneuf also had 7 points in 7 playoff games and was a -2, but the Flames lost in the first round.  Phaneuf was a very similar player to Weber, but he did score a few more points, and he was also a runner up for the Norris, just like Weber.  One year contracts are usually more lucrative for the player because there is no job security and the cap hit percentage of 11.66% of the cap, is very close to the 11.46% percentage of the cap that Phaneuf’s salary demanded that year.

Phaneuf earned a cap hit of $6.5 million for 6 seasons.  Salary Cap $56.7 million.

Zdeno Chara

Chara signed a contract prior to this season that holds a $6.917 million cap hit with a 7 year length.  That being said Chara earns $8.5 million this year and the final 2 years of his contract only earn him $9 million total, which shows that this is another one of the front heavy contracts that have become popular in the NHL.  Chara is currently 34, so this contract brings him to his 41st birthday.  There is a good chance that Chara doesn’t play the final two years of his contract, which is probably why the amount is lower.  With this theory (if Chara does not play the final 2 years of his contract), he is earning $7.3 million per season, which is very close to what Weber earned.  Add in the job security Chara receives by signing long term and I would say Weber would have much preferred the contract that Chara received.  Chara is also a very good comparison, because he was also a Norris trophy candidate and his contract begins the same year as Weber’s.

Weber’s cap hit is the highest in the league, but it’s hard to look at just the cap hit nowadays when so many teams are doing the front heavy contracts.  Weber is actually the fifth highest paid defenseman this season, behind Chara ($8.5 million that we mentioned before), Pronger ($7.6 million), Keith ($8 million) and Ehrhoff ($10 million this season with a $4 million cap hit – don’t know how teams get away with this).

Weber is worth every penny and when you include the variables such as the length (1 year means no job security), the salary cap (cap increased $4.9 million over just last season) and the other comparable players front heavy contracts you can see that Weber could have easily justified the $8.5 million that he was asking.

It will be interesting to see how the Nashville Predators do next year.  I’m not going to go and put down $100 on them winning the cup, but with Weber in place they could definitely win a lot of games and once again return to the playoffs.  A new betting tool that will be fun to try next season is live hockey betting.  When you’re watching a hockey game you can see the momentum swings, as well as key injuries or anything that could affect how the game may turn out.  Now with in play hockey betting you can use this information to make a profit!