(adsbygoogle = window.adsbygoogle || []).push({}); The Calgary Flames have filed an offer-sheet on Colorado Avalanche forward Ryan O'Reilly according to TSN Hockey Insider Darren Dreger.

Dreger reports that the offer sheet carries an average annual value of $5 million. O'Reilly will make $1 million in base salary for 2012-13 with a signing bonus worth $2.5 million. His 2013-14 salary will be $6.5 million.

Colorado has seven days to match the offer or accept compensation from the Flames. Should the Avalanche choose not to match the offer-sheet they would receive Calgary's first- and third-round choices at the 2013 NHL Draft.

With a second-year salary of $6.5 million, Calgary or Colorado would have to offer O'Reilly's at least that much as his next qualifying offer. If Colorado decides to match the Flames' offer he can not be traded within one calendar year of that date.

The 22-year-old forward scored 18 goals and 37 assists in 81 games.

Originally drafted in the second round (33rd overall) in the 2009 NHL Entry Draft. In 236 career games with the Avalanche over three seasons, O'Reilly has scored 39 goals and 68 assists for 107 points.

The 2011-12 season was O'Reilly's final year on the three-year entry-level deal he signed with Colorado prior to the 2009-10 season.