FLAMES SIGN AVS’ O’REILLY TO TWO-YEAR, $10M OFFER-SHEET

The Calgary Flames have filed an offer-sheet on Colorado Avalanche forward Ryan O’Reilly according to TSN Hockey Insider Darren Dreger.

Dreger reports that the offer sheet carries an average annual value of $5 million. O’Reilly will make $1 million in base salary for 2012-13 with a signing bonus worth $2.5 million. His 2013-14 salary will be $6.5 million.

Colorado has seven days to match the offer or accept compensation from the Flames. Should the Avalanche choose not to match the offer-sheet they would receive Calgary’s first- and third-round choices at the 2013 NHL Draft.

With a second-year salary of $6.5 million, Calgary or Colorado would have to offer O’Reilly’s at least that much as his next qualifying offer. If Colorado decides to match the Flames’ offer he can not be traded within one calendar year of that date.

http://www.tsn.ca/nhl/story/?id=417051


40 Responses to FLAMES SIGN AVS’ O’REILLY TO TWO-YEAR, $10M OFFER-SHEET

  1. Gambo says:

    They shouldn’t match. This Calgary team is looking more and more like the old leafs. The 1st round pick they get could easily be a top 5 pick at the end of the season. Rebuild with Landeskog, Duchene, Johnson, Varlamov, Barrie etc. and get two very high draft picks this year. Trade Stastny and get another 1st + prospects. They could be looking at a very good team in the future if they do this right.

    • LN91 says:

      I like the move by Calgary, if all else fails…They can still trade off talent an have O’Reilly to build with. Something the Leafs did not have. Also, I bet the Flames could get more out of the players they are selling then the Leafs did…Not a bad situation.

      O’Reilly is already arguably better then any center the Leafs currently have.

  2. mapleleafsfan says:

    I think I match if I’m Colorado.

    As it stands Calgary would be picking seventh. O’Reilly makes this team significantly better. Calgary’s centers suck – O’Reilly and Iginla could be a nice combo.

    The move may not make Calgary a playoff team but I really don’t see them being bottom feeders. O’Reilly is worth more than a middling first.

  3. Steven_Leafs0 says:

    Colorado should match considering the return but that being said the contract really hand-cuffs them. $2.5M immediately and $6.5M cash next season for a cap floor team is brutal. Add that to the 6.5M qualifying offer (which effectively makes O’Reilly a UFA) screws Colorado either way.

    Their best hope is for Calgary to give up a top 5 pick to the Avs.

  4. 93killer93 says:

    The 2nd year makes things very interesting. Whatever team he’s on would have to offer him at least 6.5mil per year in their qualifying offer to keep him as a RFA. Now I’m not so sure they match it.

  5. mapleleafsfan says:

    I think worst case they match it and then trade him after the full year if they don’t think he will resign. You will probably get a better return than a 1st+3rd. Unless he regresses big time.

  6. doorman says:

    I think Col should let him walk and take the pick, that 2nd yr salary could really handcuff a team, especially if he doesn’t produce more. Moral of the story is O’Reilly wins, either way.

  7. mapleleafsfan says:

    Well they matched.

    • nordiques100 says:

      When his contract expires they will have to qualify him for 6.5 million, re-sign or at least replace Stastny who’s contract is up, and their other RFAs that same summer could be Landeskog (entry level deal over), Duchene, McGinn and Varlamov.

      Downie too is also a UFA. They’ll have cap space, but they’re one of the more frugal teams. Bottom 5 currently in payroll. I’d expect Duchene to get a raise and Landeskog to get a massive raise. Could be an interesting 2014 summer for them.

      • JoelLeafs says:

        Plus, this kind of money really sets the tone for what the other RFAs may expect. I get that good centers are hard to come by, but unless they get hum out of there for a good return as soon as they can next season (which will be difficult considering they can’t for one calendar year) this looks like a really stupid matching offer to me. Time will tell, I suppose.

  8. JoelLeafs says:

    Since they matched I’m going to say they either trade him or he walks. Also, I think I can smell arbitration a few seasons down the road. Seriously, he will have to put up some huge numbers to be worth that 6.5+ qualifying offer. I almost think the flames did this just to burn a division rival. It handcuffs them to some degree next season and (IMO) will likely see him sent to the East in due time.

    Also, with the new CBA rules regarding contract values year over year, how is this legal? 1 in year one and 6 point fucking 5 in year two, what the shit?

    This kid better keep it up and get a lot better, otherwise he might be a hard commodity to move out of a town he doesn’t want to play in… though I suppose he can always walk in the end.

    • JoelLeafs says:

      Sorry about the double post. Mozilla is a whore sometimes.

    • nordiques100 says:

      By matching i think they’re stuck with him. And that’ll be a hard sell to other teams wanting him. Hardly any of the interested parties could afford to add 6.5 mil.

      Will really be interested to see how the standings end up. Granted, Calgary would on paper be better with O’Reilly so they could have improved in the standings, but would have been interesting to see if Avs ended up with 2 1sts and potentially 2 top 10s.

    • leafs_wallace93 says:

      You can’t trade a player for at least a year if you match an offer sheet.

      • doorman says:

        I was just gonna say that about trading him. I think they are basically stuck with him, unless he lights it this year and next? I don’t see anyone regardless of age fighting to sign a 50-60pt checking centre at at $6.5 mil, starting money. and that he will be at 6.5 and not a 5 average you know where his dollar figure should be and go in his mind, lol.

  9. JoelLeafs says:

    Since they matched I’m going to say they either trade him or he walks. Also, I think I can smell arbitration a few seasons down the road. Seriously, he will have to put up some huge numbers to be worth that 6.5+ qualifying offer. I almost think the flames did this just to burn a division rival. It handcuffs them to some degree next season and (IMO) will likely see him sent to the East in due time.

    Also, with the new CBA rules regarding contract values year over year, how is this legal? 1 in year one and 6 point fucking 5 in year two, what the shit?

    This kid better keep it up and get a lot better, otherwise he might be a hard commodity to move out of a town he doesn’t want to play in… though I suppose he can always walk in the end.

    If I’m Colorado I would have let him go and taken the what will almost certainly be a top 10 and good chance of a top 5 pick. I really don’t get this move by the Avs other than the obvious fact that it was Calgary offering.

  10. leafs_wallace93 says:

    Calgary is a gong show. 5 million for Mike Peca Jr. in a cap system with a cap that is about to shrink? Colorado is equally as dumb, clubs seemingly match as a point of pride. The Avs could have hade two lottery picks this season and jump started a rebuild instead they spin their wheels and take a bloated contract on a player that will be a bitch to sign in two years. Bad long term thinking for both clubs.

    This was equally as stupid as Buffalo matching Vanek when they could have cleaned 4 first round picks off Edmonton that turned out to be Tyler Myers (oddly enough Anahiem traded the compensation pick for Penner to Buffalo to select Myers so Buffalo wouldn’t have had to trade for it), MPS, Taylor Hall and Ryan Nugett Hopkins.

    All the talk of ‘they have to match’, no you don’t, you evaluate what the value of the potential compensation.

    • nordiques100 says:

      The Flames certainly are a gong show.

      I think b/c everyone is so against them winning now and so pro rebuild they are determined to never ever go that route.

    • mojo19 says:

      It’s just for two years to steal him. After next season Cammalleri comes off the books ($6 million), Kipper ($5.8 mil), Bouwmeester ($6.8 mil), and others, but these are the big ones. Plus we’ll see if they still have Iggy and at what price by then.

      I guess this is kind of like the Kessel deal. Hopefully for the Flames it doesn’t work out that way, I think they’re a better team then they’ve been showing and we’re going to see some improvement. If it ends up being an 11th or 12th overall pick, or even lower, then it’s not such a bad offer.

      Big risk, for sure.

  11. mojo19 says:

    I said it at the beginning of the year when they were struggling and I’ll say it again – I believe the Flames will make the playoffs this year. And if they do they could make a little noise with this line up:

    Cammalleri – O’Reilly – Iginla
    Tanguay – Cervenka – Hudler
    Glencross – Stajan – Stempniak
    Baertschi – Backlund – Comeau

    Bouwmeester – Giordano
    Babchuk – Wideman
    Sarich – Butler

    Kiprussoff
    MacDonald

  12. leafs_wallace93 says:

    I stopped watching after the third? Who scored the winner in OT winner tonight?

    • nordiques100 says:

      Dion Phaneuf. The guy that needs to be run out of town.

      • leafs_wallace93 says:

        What are they doing playing that stiff 4 on 4, he can’t even skate.

        • mojo19 says:

          He also took a lot of heat in the media after the montreal game, but I loved what he did with Prust. Roped him into dropping the gloves and kept him offside, killing off 15-20 seconds of the penalty.

          I actually thought he had a really good game vs. montreal. He also took a healthy run at a montreal player just inside the habs blueline, narrowly missing. I love when he plays like this. He’s been looking good the last couple of weeks.

          • doorman says:

            mojo, I disagree, he needed to fight Prust there, take the beating and skate on. He shook his gloves and asked a fighter to dance, you ask a dancer to dance, you dance.

            As far as ROR goes, well screw JAy Featser, I bet Bergevin and other GM’s would like to whip him with a rubber hose right about now, lol. Montreal, does there job and plays hard ball with an RFA, with a new CBA, Cal undoes it in on idiotic stroke of ungenius, IMO.

  13. JTRAIN1966 says:

    Maybe, they’ll trade Stasny now ! Don’t know to who, or what but, maybe they’ll trade him to make room for his cap hit .

  14. realistic_leafs_fan says:

    The thing I find funny with all the Phaneuf talk is that before the season was supposed to start, the Leafs defence was to be our strength(Phaneuf included) with all the depth, and scoring was going to be the issue. Now it’s all about how horrible or better our team would be with or without Phaneuf.lol
    He’s not top 5 OR bottom 50 in the league. I really don’t think our defence would be Brutal without him, but unless a good replacement was found, it wouldn’t be as good without him either, and we would miss some of the things he brings to the table for sure.
    The main thing to me is… we are 13 and 9, we just got Reimer back, Frattin should be ready next week and we will get Lupul back as well in a bit.
    We are also winning games that last year would have been loses. The team needed a change behind the bench more than anything and we are starting to see the team playing the way Burke thought they could when he assembled this bunch. It’s still a young team that is growing with some good trade assets that could improve the team.

    Back to Phaneuf.LOL
    I understand the reasons some have for keeping and loving Phaneuf and I also understand the frustrations some have with his mistakes and contract. It’s really consistency to me though. he can play as good as those who love him and he can be as bad as those who don’t. I still believe it’s about balance for Phaneuf…when he plays with the right balance of aggression, offence and good decision making, he is very valuable. He seems to have trouble keeping it together for a whole game or for a series of games and that I believe, is what drives some people nuts.

  15. 93killer93 says:

    Colorado saved Calgary big time. If they didn’t match O’Reilly would have had to go through waivers since he played in the KHL after the season started, and would have lost him and the picks.

  16. doorman says:

    I really wanted to see Calgary get stuck with nothing. It was a stupid offersheet, obviously not well thought out. Not to mention the fact that it just slapped Mtl & NYR in the face by playing hardball with there RFA’s like the new CBA was put in place for. Now this could turn into a contract nightmare for Col and the league..

    • mojo19 says:

      I’m tired of apologizing for Calgary but to be fair nobody knew about the whole waiver thing, or else it would have been in the news already. Nobody mentioned that offer sheets are off the table because of waivers in the last couple weeks.

      O’Reilly’s own agent Pat Morris looks bad too for allowing his client to play 2 games in Russia, effectively taking offer sheets out of the picture (or at least it should have, had anyone known the rules).

      • DannyLeafs says:

        I think it still looks pretty bad, especially now that Feaster has come out and said he was aware of the rule, but had a different interpretation. I think you would call the league to make sure first. I mean, it was a big gamble that could have been avoided by picking up the phone.

        • mojo19 says:

          They’d never allow a team to lose a 1st and 3rd rounder for nothing. Calgary would take it to court. In their defence, there is not a CBA in place, available to be read as of yet. So they could have argued the whole “different interpretation” thing. It’s all moot now.

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