Ryan O’Reilly saga could see offer sheet come from Avalanche rival

Hopes were raised Tuesday night among Avalanche fans about the Ryan O’Reilly contract standoff with the team, when it was reported by your humble correspondent that talks still were ongoing after a period of inactivity. Could a resolution finally be at hand?

Sorry, but it doesn’t look like it from what I’m hearing. Neither side appears willing to budge.

The Avs’ contract offers to their leading scorer from last season remain two years at $7 million or five years at about $17 million. While the differences on a two-year deal are much closer than a five-year deal (O’Reilly wants in the neighborhood of $25 million on that one), the Avs appear to have drawn a line in the sand with their offers.

With no softening of the O’Reilly camp’s stance, that would seem to leave only two possibilities: a trade or an offer sheet from another team.