Weber would receive $80 million in the first six years of the deal, a source told ESPN the Magazine's Craig Custance.
Nashville GM David Poile released a statement saying: "Due to the complexity of the offer sheet, we will take the appropriate time to review and evaluate it and all of its ramifications in order to make the best decision for the Predators in both the short and long-term."
He added that they don't anticipate making any more statements on the matter.
If the Predators don't match the offer, they will receive four first-round draft picks from the Flyers.
What should the Predators do?