Multiple sources are reporting that former Kansas City Royal reliever Wade Davis has agreed to a three-year, $52 million deal with the Colorado Rockies. Passan also said there is a fourth-year vesting option that could take the total spend to $66 million.
Davis, who was traded from the Royals to the Cubs last December, had 32 saves and 2.30 ERA in 59 games for the Cubs, who advanced to the National League Championship Series.
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Davis joins a Rockies bullpen that is now, in a word, stacked.
The signing, of course, brings into question if the Rockies will now attempt to re-sign last year's closer, Greg Holland.
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The Rockies offseason has shown they are taking care of a vital need, beefing up that all-important bullpen. He was used as a starter until being transitioned to the bullpen in 2012. New York Yankees closer Aroldis Chapman is set to make $20m in 2018, but keep in mind that $5m of that is via a signing bonus and his base salary is just $15m.
If Davis' contract from the Rockies seems like a lot, that's because it is. In what would be the first of his three All-Star seasons, Davis was named the everyday closer in 2015. He also gave up six home runs in a Cubs uniform after giving up none as the Kansas City Royals' closer the previous season.
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Holland faded dramatically in the second half of last season, while Davis was a one-man bullpen for the Cubs.