The agent for Avalanche center Ryan O’Reilly on Monday said the restricted free agent is not asking for a short-term contract at $5 million annually, but Mark Guy declined to specify what has been offered by Colorado or how far apart the sides remain.

“People report numbers without any mention of term and it is just as important a consideration,” agent Guy wrote in a text message.

Last week, an NHL source told The Denver Post that O’Reilly, 21, was seeking $5 million a year and turned down two deals: two years for $7 million (a $3.5 million average) and five years worth $17 million ($3.4 million average) .

But Guy said a salary of that amount would apply to O’Reilly only if signed to a long-term deal that brought him past unrestricted free agency, which is reached at age 27, or seven years of service. O’Reilly turns 22 on Feb. 7.

“It is not accurate to say a player wants X dollars without factoring the term, (and) any suggestion that Ryan is asking for $5 million on a deal similar to (Matt) Duchene is completely inaccurate,” Guy said.

The Avalanche, which is more than $18 million under the salary cap of $70.2 million, according to capgeek.com, selected Duchene third and O’Reilly 33rd in the 2009 draft. Duchene signed a two-year, $7 million contract last summer after an injury-plagued third season when he was limited to 58 games and 14 goals.

O’Reilly had a breakout third year, leading the Avs with 37 assists and 55 points.

Duchene has 65 goals in 220 career NHL games. O’Reilly has 39 goals in 236 games. Duchene could be in line to receive a big raise after the 2013-14 season.

The salary cap shrinks to $64.3 million next season, but minus four current players on the roster who are not under contract after this season, the Avs are more than $17 million under the next cap.

Footnotes. The Avs practiced Monday with the entire 23-man roster. … Forward Chuck Kobasew is eligible to play in Tuesday’s home-opener against the Los Angeles Kings, the defending Stanley Cup champions after missing Saturday’s season-opening 4-2 loss at Minnesota because of illness.