Bob McKenzie             @TSNBobMcKenzie                                                           OK, here's everything you need to know about the CGY offer sheet on Ryan O'Reilly:
Bob McKenzie             @TSNBobMcKenzie                                                           
COL has 7 days to match the offer or accept compensation of CGY's 1st round pick and CGY's 3rd round pick.
Bob McKenzie             @TSNBobMcKenzie                                                           If COL matches the offer, COL cannot trade O'Reilly for one calendar year from day it matches the offer.
Bob McKenzie             @TSNBobMcKenzie                                                           Structure of deal designed to deter  COL. That includes getting a $2.5M signing bonus now and a really low  salary ($1M) rest of season.
Bob McKenzie             @TSNBobMcKenzie                                                           Kicker, tho, is $6.5M salary next  season. Ignoring ROR's arb rights, COL would have to qualify him at  $6.5M upon expiry of this deal.
Darren Dreger             @DarrenDreger                                                           A very aggressive move by the Flames. However, other GM's suggest Colorado could have fetched more than a 1st and 3rd via trade.
The question about whether Avs match or not depends on how much they stick to their principles on what Salary of RFA without arbitratraion rights should be