Shea Weber offer mind-boggling as hourly wage

If Weber worked a 40-hour week for the next 14 years, he’d be making $3,777 an hour.

The Shuswap’s been a-buzz with the news that Nashville Predators defenceman and Sicamous product Shea Weber signed an offer sheet with the Philadelphia Flyers for a total contract amount of $110 million.

Yup, $110 MILLION.

Mind you, that is for a 14-year deal, which includes $68 million in bonus money in the first six years.

In total, Weber will make $14 million in each of the first four years; $12 million in years five and six; $6 million in each of the next four seasons; $3 million in year 11; and $1 million in each of the remaining years.

Nashville has until 8:30 p.m. today – to match the deal for the market’s marquee defenceman and restricted free agent, otherwise he’ll be donning a Flyers jersey.

Weber is a valuable commodity. He’s a two-time NHL first team all-star. He has been a finalist for the Norris Trophy, for the league’s best defenceman, multiple times. He is a physical presence who also contributed 43 points or more from the blue line in each of the last four seasons. And who can forget his mind-blowing slapshot in the 2010 Olympics that ripped right through the goal net? Beyond that, he’s a darn nice guy off the ice.

I’ve had the pleasure of interviewing Weber earlier on in his career and he never failed to be polite and without sign of the arrogance or egotism that can so easily become part of your psyche when you’ve got star talent. He always credited his family and his local Shuswap hockey coaches for putting him on the road to success.

At a recent golf tournament that raised more than $100,000 to go towards cancer research, and also to the fundraising for Sicamous flood victims, Weber committed $50,000 of his own cash to the cause. (We now certainly know he’s good for it.)

I don’t begrudge Weber his success. He has worked hard to get where he is and who among us wouldn’t want to reap the fruit of their labours? But for most of us regular joes, that kind of coin is almost unfathomable. It also makes me wonder about our society and where we place our worth. According to my calculations, if Weber worked a 40-hour week for the next 14 years, he’d be making $3,777 an hour. A so-called living wage in B.C. is pegged at about $17.50 an hour. Minimum wage is $10.25 an hour.

One of the best things I read about the deal came from the Vancouver Sun’s Brad Ziemer, who wondered if Weber could actually buy his hometown for that kind of money.

Turns out no.

I got quite a chuckle to read how the reporter had contacted Ruth Walper, the director of financial services to find out that Sicamous’ net worth was pegged at $789 million.

But a business baron he could be, as the community’s business sector is worth an estimated $55 million.

“And he could definitely get a very nice waterfront condo,” Walper said with a laugh.

Sure could.


Just Posted

Vancouver artist rocks to fight opioid crisis

Jeremy Allingham is set to bring his guitar-focused rock ‘n roll to Kelowna April 6, Vernon June 9

Update: Driver of minivan suffers non life-threatening injuries

The accident took place at approximately 1 p.m.

Tracing their family tree

Sisters searching for Summerland connection

City warms to solar power

New Shuswap solar society receives enthusiastic response to alternative form of energy.

Armed robbers use fake police lights to pull over victims

Information wanted on North Shuswap robbery, police impersonation, burnt vehicle, motorhome theft.

Crook’s Corner

Arts and entertainment highlights this week across the Okanagan

B.C. Scientists witness first-ever documented killer whale infanticide

“It’s horrifying and fascinating at the same time.”

Lawyer for one suspect in beating of man with autism says he’s not guilty

Ronjot Singh Dhami will turn himself in, lawyer said

Liberals awarded $100,000 contract to man at centre of Facebook data controversy

Christopher Wylie says his voter-profiling company collected private information from 50 million Facebook users

Kelowna celebrates World Down Syndrome Day

More than 50 people gathered in Kelowna to bring awareness to diversity and difference

Facebook’s Zuckerberg admits mistakes in privacy scandal

Zuckerberg admits to privacy scandal involving a Trump-connected data-mining firm, but no apology

UPDATE: Former B.C. city councillor sentenced nine months for sexual assault

Dave Murray, convicted this past fall, hired a private investigator to intrude on the victim’s life.

Shots fired in Kamloops

Kamloops RCMP are investigating a report of shots fired and a possible explosion at a trailer court

Online threat to U.S. high school traced to Canadian teen

A 14-year-old girl has been charged in connection with an online threat against a high school

Most Read