9:27PM: Colorado has announced that they have matched the Flames offer.
5:45PM: Elliotte Friedman notes that Colorado can’t trade O’Reilly for one calendar year if they match the offer sheet.
5:39PM: Chris Johnston says that O’Reilly has signed the Flames offer sheet and the compensation for Colorado would be a first rounder and a third rounder.
5:29PM: According to Darren Dreger, the Calgary Flames have reportedly sent an offer sheet to RFA holdout Ryan O’Reilly.
THIS SECTION has the O’Reilly and Rangers talk.
Dreger says that the offer sheet breaks down as:
- Two years and $10 million.
- Cap hit of $5 million
- $1 million in salary this year with a signing bonus of $2.5 million.
- 2013-14 salary is $6.5 million.
The Flames play the Avs tonight and are current;y 7-7-4 and three points out of a playoff spot.