Phoenix is looking for scoring. In this article, GM Don Maloney specifically mentions being "strong in the middle of the ice." With the rise of OEL, Phoenix can afford to part with a defenseman. Yandle is expensive and Phoenix is cheap. Signing O'Reilly to a five year deal worth $4M per would be a savings.
We'd probably need to throw in a draft pick (2nd), and someone like Zanon.
So... would you do it?