Spector’s Hockey Ponders RFAs Option of Using the KHL
Until last week, O’Reilly was playing with his brother for Metallurg Magnitogorsk of Russia’s Kontinental Hockey League, in the first year of a two-year contract paying him $4 million per season. He and the club mutually agreed to terminate the contract so he could return to North America to receive treatment for a nagging foot injury.
Up until that point, O’Reilly’s KHL contract provided him with a measure of leverage over the Avalanche in his contract talks.
Whether or not O’Reilly is worth the five-year, $5 million per season he was reportedly seeking is debatable. The fact he was earning $4 million US per season playing major-pro hockey in Russia when the Avs were offering between $3.25 -$3.75 million per season on two- and five-year offers made it easier (prior to his injury) for him to maintain his contract standoff with the Avalanche.