Rockies Reach Contract Agreement with Nolan Arenado
The Colorado Rockies and all-world third baseman Nolan Arenado have come to an agreement on a two year contract according to multiple sources. The two sides were able to avoid arbitration with deal worth $29.5 million.
The #Rockies have agreed to terms on a two-year contract with 3B Nolan Arenado to avoid arbitration. pic.twitter.com/AVUNJq4U8w
— Colorado Rockies (@Rockies) January 13, 2017
Arenado is a 4-time Gold Glove winner, 2-time Silver Slugger and All-Star and has clearly earned the money in this contract. Nolan’s 41 home runs and 133 RBI both lead the National League last year. He will make $11.75 million in 2017 and $17.75 million in 2018. Arenado will still be arbitration eligible for one more year before becoming a free agent following the 2019 season.
The two-year deal displays the Rockies’ commitment and faith in Arenado to maintain his MVP-type production throughout his contract, something Nolan likely appreciated.
Joel Wolfe, agent for #Rockies Nolan Arenado on two-year, $29.5 MM deal: “Nolan earned it and club treated him right.”
— Patrick Saunders (@psaundersdp) January 13, 2017
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With Nolan successfully signed, the Rockies have now come to agreements with three of their five arbitration eligible players. This leaves Charlie Blackmon and Tyler Chatwood as the only two remaining but deals with them could come at any time.
The Rockies also made a roster move this morning, signing Chris Denorfia to a minor league contract. He potentially provides an experienced outfield bat for the Rockies if he forces his way onto the roster early in the season.
