Avs match offer sheet for O'Reilly

Associated Press  |  Last updated February 28, 2013
Ryan O'Reilly and the Colorado Avalanche were unable to reach a deal for more than a month. A few hours after he signed an offer sheet with Calgary, the restricted free agent was back with the Avalanche. The Flames announced earlier Thursday that they had signed O'Reilly to a multiyear offer sheet. Colorado had a week to match it, but did so by the end of the day. The team announced the decision during the first period of Thursday night's game against Calgary. ''This was a goal of ours from the outset, to get Ryan signed,'' Avalanche general manager Greg Sherman said. ''That goal has never changed. Sometimes the process takes a little longer than you would expect or want, but he's staying with the Colorado Avalanche.'' Sherman said the speed with which Colorado matched the offer showed its commitment to O'Reilly. ''Given the timeframe we moved on this, it's clear what our object was,'' Sherman said. ''We moved very quickly and efficiently to make a decision to match the offer.'' TSN in Canada reported the deal is worth $10 million over two years, which includes a $2 million signing bonus. O'Reilly will travel to Denver for a physical and if everything checks out, he will join the Avalanche on their three-game road trip starting Sunday in Columbus. Had Colorado not matched the offer it would have received Calgary's first- and third-round picks in the NHL draft. By retaining O'Reilly, the Avalanche cannot trade the forward for a year from Thursday. Sherman said Calgary's decision to try to sign one of Colorado's restricted free agents was strictly business. ''It's their right within the CBA to put that offer sheet forward and we have our rights within the CBA to match it,'' Sherman said. ''If that's the way they want to do their business, that's their right. The fact that we received the offer the day of the game, against them, that's their prerogative. That's their business.'' The 22-year-old O'Reilly has not played this season while trying to work out a contract with Colorado. He was the team's leading scorer last season with 55 points. O'Reilly was the 33rd pick in the 2009 draft. In three NHL seasons he has 39 goals and 69 assists in 236 career games.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Sam Mitchell reportedly candidate to join Pelicans’ coaching staff

Warriors GM indicates Steve Kerr still isn’t ready to return

Taylor Hall says it was “nice to finally see” the Edmonton Oilers eliminated

Report: Jets to hire female defensive backs coach

Vince Young officially inks contract with CFL team

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Jason Witten: Bill Parcells is getting soft in his old age

Braves make up with fan ejected by security for interference

David Price to start for Red Sox Monday against Chicago

David Price to start for Red Sox Monday against Chicago

Magic Johnson indicates Brandon Ingram is Lakers’ only untradeable player

Congress drafted a bill that could legalize online sports betting; how soon might it happen?

Three Up, Three Down: Some surprises way out (NL) West

The 'Let's go to the videotape!' quiz

It’s our civic duty to stop attending Super Bowls in new stadiums

Box Score 5/25: The Cavaliers look to close out the Celtics

The 'Farewell to the Manu, the Myth, the Legend' quiz

Box Score 5/24: Craig Anderson saves the Senators

The 'Walk on home, boy' quiz

NBA Referee Hotline Bling: Dejounte Murray gets his calls blocked twice

It's reality check time for the Texas Rangers

Box Score 5/23: Preds, Warriors move on to respective Finals

The 10 best sports docs available for streaming

Why wait? Our too soon Cavaliers-Warriors NBA Finals preview

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Three Up, Three Down: Some surprises way out (NL) West

The 'Let's go to the videotape!' quiz

Why the Indianapolis 500 is called 'the greatest spectacle in racing'

The 'Farewell to the Manu, the Myth, the Legend' quiz

NBA Referee Hotline Bling: Dejounte Murray gets his calls blocked twice

It's reality check time for the Texas Rangers

The 'Walk on home, boy' quiz

NBA Weekend Awards: Who will take a bite of the Snow White Crystal Apple?

Why wait? Our too soon Cavaliers-Warriors NBA Finals preview

The 10 best sports docs available for streaming

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker