Calgary Flames sign Ryan O’Reilly to an offer sheet

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Ryan O'Reilly has just signed an offer sheet with the Calgary Flames. (Photo: Doug Pensinger/Getty Images)

Ryan O’Reilly has just signed an offer sheet with the Calgary Flames. (Photo: Doug Pensinger/Getty Images)


Whoa, Nelly. The Calgary Flames announced today that they have signed restricted free agent Ryan O’Reilly to an offer sheet.

“The Calgary Flames have signed restricted free agent Ryan O’Reilly to an offer sheet. Under the rules pertaining to an offer sheet, we will allow the process to transpire. We will not provide any further comment until the process is complete,” said Flames General Manager Jay Feaster.

There has been a lot of buzz around O’Reilly, who has not played a game for Colorado so far this season as their contract talks have stalled. The 6 foot tall, 22 year-old, 200lb centre had a career-high 18 goals and 55 points with the Avs last season.

According to TSN’s Darren Dreger, O’Reilly’s offer from the Flames is for $10 million over 2 years (averaging $5 million/season). He would receive a $1 million salary and $2.5 million signing bonus this season, and a $6.5 million salary next season.

Colorado has seven days to match Calgary’s offer and retain O’Reilly, or receive Calgary’s first- and third-round picks in the 2013 NHL Draft as compensation.

UPDATE: The Avalanche have announced that they have matched the Flames’ offer so O’Reilly will be staying in Colorado.

About Greg Hounslow (558 Posts)

Greg is the founder of Red Mile Blog has been following the Flames through good times and bad since they arrived in Calgary in the early 80s. He has written hundreds of articles on the Flames since 2005 and considers himself an expert on hockey inconsistency and frustration. He shoots right and usually plays defence, but has been known to jump up in the rush. He is a 2-time CAHL men's league champion and knows the sweet taste of beer from a Cup.


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