However, Elliotte Friedman, from Sportsnet, made an update on the situation and it appears that the initial report wasn't true.
According to the insider, Flyers did offer Ristolainen a contract, but the average was around $4 to $4.75M, not $6.35M. Friedman believes that the latter number was the counter-offer or a an amount that Ristolainen would only take.