Jan 24, 2013, 8:36 AM EDT
Although the 21-year-old inked a two-year deal with the KHL club, it came with an out clause and the two sides appear to have agreed to mutually terminate the contract.
One factor in the timing could be that the window for Metallurg to sign a potential replacement will end on Jan. 31, so this gives them ample time to do so. However, the team also claims that he “aggravated” a foot injury in his last game and it’s not clear how serious that is.
Either way, the big question now is if a deal between O’Reilly and the Colorado Avalanche is imminent. O’Reilly is a restricted free agent that has reportedly been offered separate two-year, $7 million and five-year, $17 million contracts by the Avalanche. To this point O’Reilly has held out and has already missed Colorado’s first two games as a result.
His two-way game would be a great addition to the Avalanche at any time, but they could especially use his help now that forward Steve Downie, 25, has suffered a torn ACL that will require season-ending surgery.
O’Reilly broke out with 55 points in 81 games last season.
Update: TSN’s Bob McKenzie confirmed that O’Reilly is no longer under contract with KHL Metallurg, but he emphasized that there has been no progress in the negotiations between O’Reilly and the Avalanche.
- WATCH LIVE: Blackhawks at Ducks, Western Conference Final Game 7 0
- After prepping for three years, Franson excited to test free agency 7
- Sabres’ Kane (shoulder) ‘ahead of schedule’ with recovery 17
- Lightning ‘answer the challenge’ in Game 7 to reach Stanley Cup Final 37
- Vigneault: McDonagh was playing with a broken foot 21
- Bolts strike Stanley Cup Final berth thanks to Game 7 win over Rangers 76
- The Ducks got Kesler for a game like Saturday’s 32
- Duchene slams Russian players for storming off after Canada’s 2015 WHC win 58
- DeBoer predicts ‘big bounce-back’ in San Jose 14
- Sabres name Bylsma head coach 46
- Kesler on wearing down Chicago: ‘No human can withstand that many hits’ (77)
- Bolts strike Stanley Cup Final berth thanks to Game 7 win over Rangers (76)
- From healthy scratch to hero: Vermette scores OT winner for Blackhawks (66)
- Duchene slams Russian players for storming off after Canada’s 2015 WHC win (58)
- Report: Bylsma to Sabres being held up by compensation issue (56)