NBA news from Spears:

Ryan O'Reilly: Signs Offer Sheet With Flames

Rotowire.com
Update: The Flames have signed O'Reilly to a two-year $10 million offer sheet, TSN.ca reports.

Recommendation: Per the deal, O'Reilly is in line to make $1 million in salary for the rest of the 2012-13 sesaon, with a signing bonus worth $2.5 million. His 2013-14 salary would then jump to $6.5 million. The Avs now have seven days to match the offer or receive first- and third-round draft picks as compensation.

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