Rockies End Year by Signing Market’s Top Closer
The Colorado Rockies have been rumored for a month-plus to be on the verge of signing a free-agent closer who used to pitch for the Kansas City Royals. Today, they did just that — but it’s not the reliever you might have thought. Instead of re-signing Greg Holland, they opted to add Wade Davis to the fold. Jeff Passan reports:
Source: Wade Davis has agreed to a deal with the Colorado Rockies.
— Jeff Passan (@JeffPassan) December 29, 2017
On its own, there’s a lot to consider here — and that’s without even accounting for the terms of the deal and what those terms mean for the Rockies. Once again, Passan:
Source: Wade Davis' deal with the Rockies is for three years and $52M. It's the highest per-year salary ever for a relief pitcher.
— Jeff Passan (@JeffPassan) December 29, 2017
Among Wade Davis, Jake McGee and Bryan Shaw, the Rockies now have guaranteed $106M to relief pitchers this winter. Add in Mike Dunn and Adam Ottavino, and they may have the most expensive bullpen in baseball history — upward of $50M this season.
— Jeff Passan (@JeffPassan) December 29, 2017
This can really only go one of two ways. The first possible outcome — and the one that’s more probable — is that it blows up in Colorado’s face, becoming a cautionary tale like the Mike Hampton–Denny Neagle signing spree of Dec. 2000. The second is that the Rockies are on to something here. Yes, they may have just assembled the most expensive bullpen in history — certainly it will be one of the most expensive — but they have the opportunity to ride with that for this year at least because of all the minimum-contract pitchers they have.