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Avalanche sign Ryan O'Reilly

Colorado Avalanche Ryan O'Reilly NHL playoff 2015 Stanley Cup odds

DENVER, CO (The Spread) – Ryan O’Reilly has signed a new contract with the Avalanche but could he be traded?

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O’Reilly inked a two-year, $12 million contract with the Avalanche on Wednesday as the two sides narrowly avoided arbitration. His $6 million annual cap hit puts him in a tie with Matt Duchene for the highest cap hit on the team. He’ll become an unrestricted free agent at the end of his contract.

Despite the notion that this deal means that the Aves will now trade O’Reilly, Avalanche Executive Vice President of hockey operations Joe Sakic says that’s not the case.

"We want him long term, and we'll keep working on that," Sakic said. "We knew no matter what there would at least be a one-year deal, but then it became, 'Well, how about two? "There was never any animosity between us this whole time. Any of the perceived animosity came from the outside."

According to oddsmakers from online sports book BetDSI, the Avalanche are 18/1 to win the 2015 Stanley Cup, while the Blackhawks remain the favorites at 7/1. The Bruins and Kings are 10/1, respectively, while the Ducks, Penguins and Blues are all 12/1, respectively.

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