Two hilarious things that haven't been mentioned about the Calgary/O'Reilly fiasco:
1. If Colorado elected to take Calgary's picks, and O'Reilly went on waivers and got snatched up by another team, not only would Calgary have lost their picks for nothing, they'd still be on the hook for the $2.5 million signing bonus
2. Even though this is pretty much a pipe dream (but it's good to dream, boys and girls!), as far as we know, Colorado hasn't technically signed the contract yet. They announced their intent, but it doesn't seem like they've actually signed it. This means that the minute possibility still exists that they could change their mind, make this whole process happen, whereas Columbus would most likely pick up O'Reilly. Columbus would also have the option of trading O'Reilly after his first year, which means they'd be getting a great young centre for $1 million this season (and whatever they could get from him in an upcoming trade if they didn't want to keep him)... hell, they could trade him to Colorado as far as I know.
Bonus: Columbus is last in the league right now, but if they wanted this to happen, it might have to happen very soon, because they're only 2 points behind the Washington Capitals. And what team is Columbus playing today that could potentially endanger them (with a win) of moving up in the overall standings?
The Chicago Blackhawks, who are defending an NHL record season-opening regular-win streak.
I hope Feaster never gets fired.