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That was Greg Sherman, general manager of the Colorado Avalanche, king of the understatement. He faced the media on Thursday night, putting on the best face he could in light of having been outmaneuvered by restricted free-agent Ryan O'Reilly, the Calgary Flames and, frankly, by his own asking price for a player that probably won't be in Denver a year and a day from now.The Flames tendered a 2-year, $10-million offer sheet to O'Reilly that the Avalanche swiftly matched.
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"It was our goal from Day 1. In that regard, to get Ryan back in the Avalanche uniform and back on the ice as soon as possible, we're happy for that to be the case," said Sherman.On the ice, in his Colorado pajamas yes, these are reasons to rejoice. When he gets up to speed, O'Reilly is one of the best young two-way centers in the NHL. Hockey Prospectus wrote that the "most statistically comparable players at his age actually include Mark Messier and Joe Thornton" and projects O'Reilly for a Selke. This is the kind of player you want back on your bench.
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O'Reilly knew this. His agents, Pat Morris and Mark Guy, knew this. They played this thing to perfection.O'Reilly wanted 30-goal scorer money: $5 million a year, for a long-term deal.The Avalanche didn't want to pay him that, based on one year of production at that level.So what did he end up doing? Signing a two-year deal, and one that quickly builds to a $6.5 million salary in year two, thus setting the bar for future salary, be it through a qualifying offer in 2014-15 or a blockbuster long-term deal with the Avalanche (or another team, if he's traded).How did he get this plum contract? Why, by signing with a division rival (for now)! And not just a division rival: One with some history with Avs management.O'Reilly and Guy knew Sherman would match just as much as they knew someone like Feaster would tender them an offer sheet ¨C desperation. Feaster wanted O'Reilly, didn't want to meet the Avs' asking price, and offer sheet'd him, all because his job hangs in the balance. At the rate the Avs are going, Sherman won't be around to enjoy the fruits of the Flames' No. 1 pick this summer.
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These were two men managing for now. Guy and O'Reilly played them well.And oh, did they play Sherman. He can't trade O'Reilly for a year. The salary he's owed next season seriously impacts the Avalanche payroll. Via Mile High Hockey:But most of all: Out of all this contempt and tension, out of all of this pride-swallowing, Greg Sherman has to pay a $2.5 million signing bonus to a player that just schooled him.Hey, thanks for making life hell for me, kid. Here's $2.5 million for your troubles. Ouch.