The Colorado Rockies are nearing a deal with Nolan Arenado on a monster 8-year contract extension.
The deal would be worth $260 million deal over 8 years with an opt out after the third year. A good deal for both the Rockies and Arenado who saw the writing on the wall this past offseason with big free agents still left on the market. This is a deal could rock the industry and the future of free agency
Arenado has been one of the best players for the Rockies and he has been essential to their recent success. He has finished top 5 in MVP voting in the past three years, 3 home run titles and 5 Gold Gloves. Along with his .320 batting average and .985 OPS at Coors Field, his home for the next 8 years.
The Rockies are finally a winning team and Arenado wants to be a part of it. They made the playoffs the last two years, competed for the NL West and they are hoping for more this season. He loves the Rockies fanbase, the city of Denver and Coors Field is one the best parks in MLB.
This deal should not surprise anyone because he is where belongs. Even though the Yankees, White Sox and Phillies were hoping he would hit the market next year.
This deal could change the industry and give hope to teams looking to sign extension to players. The free agent market took an interesting turn this offseason, many players still don’t have teams including Bryce Harper. Arenado saw what was happening with the free agent market this offseason and choice to take a good deal with a team he is comfortable with.
It’s a good day for the Colorado Rockies organization and Nolan Arenado. Now the focus can shift to baseball.