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Ryan O’Reilly Contract Talks Go South

from Adrian Dater of the Denver Post,

Negotiations toward a new, long-term contract between the Avalanche and left wing Ryan O'Reilly proved fruitless, so the parties are headed to arbitration on July 23, an NHL source said.

While the Avs and O'Reilly could still avoid arbitration by agreeing to a deal before that, such a prospect appears unlikely.

What it means is this: O'Reilly will have the terms of his next contract dictated by an arbitrator, who will present the 23-year-old forward with the choice of either a one-year or two-year binding contract, and O'Reilly will have to decide one or the other.

O'Reilly's base salary of $6.5 million last season means that the arbitrator cannot award him anything less than 85 percent of that figure, which guarantees O'Reilly at least a $5.525 million salary with the Avs for 2014-15.

continued

Filed in: NHL Teams, Colorado Avalanche, | KK Hockey | Permalink
  Tags: ryan+o'reilly

Comments

Hootinani's avatar

Since we’re all about speculation lately, how about Holland works out a little sign and trade with Sakic, 8 years/6.5 per for Tatar/Weiss, Kindl/Quincey, and a 1st in 2016.

Ive been told they are no longer Detroit’s rivals, so this should be easy.  And O’Reilly is basically Kesler, except good.

Posted by Hootinani on 07/10/14 at 04:29 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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