Jay, I think that would be wise to lubricate if you can. I cannot imagine they would give up indexing the bearing off the collar, otherwise the seal would have to be pretty stout to take the load when it meshes with the clutch, but it is speculation, it really depends on design.
Does that setup have you spot face whatever it pushes off of? Not sure if I am being clear, but if the back side was not pushing off a parallel surface it could introduce a side load, which could cause binding, then minimized with some slop fro heat. All theory, could be a sticky, I like that idea best, but bench racing here