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Preds' Weber reportedly signs Flyers' 14-year offer sheet

10:20 AM, Jul 19, 2012   |    comments
Shea Weber is the Predators? cornerstone defenseman, one of several key ingredients that Nashville will rely on to make a deep postseason run. sanford myers / The Tennessean
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By Jesse Yomtov and staff reports, The Tennessean and USA TODAY

Updated 8:30 a.m.

The Philadelphia Flyers have posted an official announcement this morning on NHL.com.

"The Philadelphia Flyers have signed restricted free agent (D) Shea Weber to an offer sheet. There will be no further comment at this time," general manager Paul Holmgren said in the statement.

Reported earlier

News broke late Wednesday night that highly-coveted free agent defenseman Shea Weber had reportedly signed a 14-year offer sheet worth more than $100 million with the Philadelphia Flyers.

TSN's Darren Dreger tweeted the scoop, and added that Weber's old team, the Nashville Predators, have seven days to match the offer. If the Predators don't match, they could receive up to four first-round picks in compensation, depending on the figures of Weber's deal.

Dreger followed up with another tweet: "Nashville was working on a trade and its believed several deadlines passed before Flyers grew tired of waiting. Weber signed offer sheet."

Losing the 26-year-old Weber would be a major blow for Nashville, having already lost Ryan Suter to the Minnesota Wild via free agency.