I’m not sure what took so long, but Ryan O’Reilly and the Colorado Avalanche have finally agreed to a contract. The new two-year deal is worth a reported $12 Million. The two sides seemed to be heading towards an arbitration hearing, but now all things are forgiven. Both O’Reilly and the Avalanche have a bright future, but only time will tell if they can stay together.
As for receiving $6 million a year, O’Reilly is coming off a career year that saw the 23-year-old register 64 points in 80 games. This was O’Reilly’s fifth year in an Avalanche uniform and itseems like he is finally finding his footing. This signing is a classic bridge deal in the NHL. It will allow both sides to evaluate things, and if terms are unable to be reached during the second year of this contract O’Reilly will be an easy trade at the deadline.
The Avalanche are still leaving themselves a little risk here with a two-year deal considering O’Reilly can reach free agency in his first year eligible, but this is a deal that had to get done. [CBS Sports]
For both parties this is as close to an everybody wins deal as there is in the NHL. At the end if this contract O’Reilly will be a UFA and from there who knows how well the Avalanche will be doing or if either party will want to stay connected. One big thing for fans to remember is this is a pay cut for O’Reilly who is coming off a $6.5 million season.
The Avs needed to keep Ryan O’Reilly on their roster; he is a big part of their developing core group, and it wouldn’t have looked good to lose him now. After seeing success last season O’Reilly and the Avalanche have a lot to build on. With any luck this will just be a blip on the radar at the end of the new contract.