This much is certain: The Nashville Predators and their captain, Shea Weber, will have a deal by 8 a.m. (CDT) Thursday.

After months of negotiations failed to produce an agreement in traditional terms, the sides made their cases to an independent arbitrator Tuesday morning in Toronto.

According to multiple reports, the team's bid was for a one-year contract at $4.75 million, which would make him the second-highest paid player on the team behind forward Martin Erat ($6 million). Weber and his representatives requested $8.5 million, which would make him one of the highest-paid defensemen in the league.