Denver, CO (Sports Network) - At long last, a resolution between the Colorado
Avalanche and holdout Ryan O'Reilly was reached on Thursday.
A few hours after the restricted free agent center signed an a two-year offer
sheet with the Calgary Flames, the Colorado Avalanche announced that they had
According to TSN of Canada, the deal O'Reilly signed with the Flames has an
average annual value of $5 million. The news service reported O'Reilly will
earn $1 million in base salary for the rest of this season with a $2.5
million signing bonus. His 2013-14 salary will be $6.5 million.
Colorado had seven days to match the offer or receive draft picks as
The 22-year-old O'Reilly was the third player taken in the second round of the
2009 draft. He made the team that fall and after back-to-back 26-point
campaigns, emerged last season as one of the better two-way players in the
league, leading the Avs with 37 assists and 55 points.
In 236 career games with the Avalanche, O'Reilly has totaled 39 goals and 107
The Sports Network