Arenado signs 8-year contract with Rockies

Colorado Rockies third baseman Nolan Arenado celebrates after hitting a walk off three run home run to complete the cycle during the ninth inning against the San Francisco Giants at Coors Field

Rockies Sign Nolan Arenado For Eight Years

For those negotiations, Arenado was looking for around $30 million, while the Rockies were looking to pay around $23 million.

So he's staying put - possibly for a long, long time. And for a chance to finish what this team has been brewing.

According to a source close to the talks, the Rockies and Nolan Arenado have agreed in principle to an eight-year deal worth $260 million, the largest in franchise history. The person spoke on condition of anonymity because the deal has not been finalized. The Wasserman client's new contract reportedly contains an opt-out clause after the third season in 2021, which would allow him to become a free agent in advance of his age-31 campaign, as well as full no-trade protection. The deal also makes Arenado the highest paid position player in Major League Baseball history with an annual average salary of $32.5 million.

The entire focus now remains on Bryce Harper, who has been the most sought after free agent this winter.

Even more, they almost captured the team's first NL West title before losing in a tiebreaker at Los Angeles in a one-game playoff.

They beat the Chicago Cubs in the wild-card game before being swept by the Milwaukee Brewers in the Division Series.

Arenado is a four-time All-Star for the Rockies, who drafted him in the second round of the 2009 amateur draft out of high school.

Once the third baseman acquired the answers needed, it became clear to Arenado he didn't need to experience the allure of free agency. He has led the National League in home runs three times, including 2018, when he hit.297/.374/.561 with 38 home runs and 110 RBIs.

If the deal does get confirmed, it will be a huge coup for the Rockies and their fans as they will be able to keep their franchise player for, potentially, the bulk of his career. "That excites me and makes me very aware of what's going on here".

This marked the second deal worked out by the front office this week.

Monday, the Rockies announced they had extended manager Bud Black's contract by three years, keeping him in Colorado until 2022.

Over the offseason, the Rockies gave their offense a boost by bringing in Daniel Murphy to play first base.

"And the nice thing about (Kyle Freeland and German Marquez) being young and having a good year is that they are controllable for a while (contract wise)".

Arenado, though, will be the driving force.

Arenado's agent, Joel Wolfe, said his client never expressed any apprehension about the potential of facing free agency.

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