Rockies, Tulowitzki Nearing Extension

TUESDAY, 1:21pm: Tulowitzki will be guaranteed $157.75MM from 2011-20, tweets ESPN's Buster OlneyHere's the salary breakdown.

MONDAY, 9:22pm: The Rockies and Troy Tulowitzki are nearing a six-year extension that will keep the shortstop in Denver through 2020 and pay him $119MM. Tulowitzki will be approaching his 36th birthday by the time the extension expires.

Tulowitzki is midway through the six-year, $31MM extension he signed before the 2008 season. He'll earn $38.75MM through 2014 on that deal once the Rockies exercise his 2014 option for $15MM. He'll also earn $119MM for the 2015-2020 seasons.

Rockies GM Dan O'Dowd and Tulowitzki's representatives at TWC Sports are also nearing a multideal for another Rockie, Jorge de la Rosa

Tulowitzki won a Gold Glove and a Silver Slugger in 2010, finishing fifth in MVP voting for the second consecutive season. The 26-year-old also made his first All-Star team and, even though he missed a month with a left wrist fracture, finished the season with fantastic numbers. He posted a .315/.381/.568 line and hit 27 homers in 529 plate appearances.

Tulo's deal will become one of the most lucrative contracts in Rockies franchise history. Todd Helton ($141.5MM over nine years, 2001) and Mike Hampton ($121MM over eight years, 2000) also signed nine-figure deals with the Rockies.  Back in March, O'Dowd compared Tulowitzki to Derek Jeter in a conversation with Tyler Kepner of the New York Times.  Interestingly, the Rockies are locking up Tulo at the same time the Yankees' negotiations with Jeter have become surprisingly contentious.

ESPN.com's Keith Law first reported that the sides were nearing a deal, ESPN.com's Buster Olney confirmed that the sides were closing in on one and Jon Heyman of SI.com, Thomas Harding of MLB.com, Troy Renck of the Denver Post and Tracy Ringolsby of FOX Sports also reported on the story via Twitter.

Tim Dierkes contributed to this post.


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173 Comments on "Rockies, Tulowitzki Nearing Extension"


tdot32
4 years 7 months ago

Wow.

Brandon Woodworth
4 years 7 months ago

Eric Cartman voice: “…the fu*k????”

lakersdodgersyankees4life
4 years 7 months ago

damn…. Tulo about to get paid

Dave_Gershman
4 years 7 months ago

Forreals?

penpaper
4 years 7 months ago

I don’t think my entire family tree will be paid that much in a lifespan! The life of a pro player…

ClimaClub
4 years 7 months ago

he is under contract till 2015, why the need to reup him now unless col is getting a serious discount

aaron b
4 years 7 months ago

Exactly my thinking? Why not wait him out another season or two before doing this? An injury and position change in the next couple of years could make this thing really ugly.

alxn
4 years 7 months ago

I don’t understand this at all either. Especially considering Tulo has shown signs of being injury prone. It’s not like they’re getting a bargain for locking him up early either. They’re basically paying him market value 4 years before they even need to.

4 years 7 months ago

I bet it’s way undermarket. 120-160 million.

4 years 7 months ago

160 million over 10 years is UNDERmarket?

0bsessions
4 years 7 months ago

For a guy like Tulo? Yes.

Outside of an injury riddled 2008, Tulowitzki’s put up a value of at least $22 million every other season. Guy is an elite defender at shortstop who hits for a very high OPS as far as shortstops go. The dude is essentially the best shortstop in the MLB (Accounting for the fact that Hanley really shouldn’t be a SS).

4 years 7 months ago

Nice. Though it sort of surprises me given he’s never really had a fully healthy season. (That I know of)

4 years 7 months ago

2008 was his only truly injury riddled season. I don’t call getting hit on the wrist by a pitch as injury prone at all.

4 years 7 months ago

So playing 155 games and having 609 AB’s doesn’t count as a full healthy season? I would recommend you do your homework next time before you post. He played the entire year in 07. Get your facts straight…..

4 years 7 months ago

10 years? It better be a good per year value otherwise this could blow up in their faces. Perhaps a good idea to have big money up front while he is still young and productive, then less money in the future where there is more risk of him breaking down.

myname_989
4 years 7 months ago

Wow. 10 years is a long time. Lol

Dave_Gershman
4 years 7 months ago

Hope this wasn’t like when it was reported that Joe Mauer had signed a ten year extension.

Risky Risky Risky!!!!!!!!!!!

AllYourBaseAreBelongToUs
4 years 7 months ago

I love this! I am a Yankee fan, but I have a huge place in my heart for the Rockies despite them breaking my heart and kicking it with steel-toed boots for what they did to me in 07.

ju1ced
4 years 7 months ago

I am a Yankee fan, and I have a huge place in my heart for ridiculous contracts.

fixed*

bleachercreature
4 years 7 months ago

I am a yankee fan and I support this message.

On a serious note, a lot of people talked about the yankees going after Tulowitzki in 2014 to replace Jeter. Now Jeter won’t be as expendable so maybe this contract can finally get finished (sorry for making this about Jeter again) I’m happy for the rockies to keep their talent, but is this the best move for a franchise with a limited budget to pay someone for so much money for so long? Hopefully it doesn’t blow up in their face

ju1ced
4 years 7 months ago

Yankees will probably end up signing Jeter to the end of 2020 and get Tulo after that.

bleachercreature
4 years 7 months ago

I’ll pass on that 36 year old mullet

4 years 7 months ago

So this sets the market for Derek Jeter then? Cuz he is the best SS in baseball PLUS he won a gold glove. And don’t forget his leadership qualities.In all seriousness, great deal for a great player before I even know monetary value of it. Not to mention he’s the first player in MLB to be under contract for 2020, thats pretty cool, no?

TheodoreRoosevelt
4 years 7 months ago

Jeter also plays the game the right way.

OrangeCards
4 years 7 months ago

If by “right way” you mean with declining offense, below average defense and outrageous contractual demands, then yes, I agree. Sorry, it’s too easy and I couldn’t help myself.

TheodoreRoosevelt
4 years 7 months ago

I was being ironic, but yes, that was the gist :)

not_brooks
4 years 7 months ago

You post comments the “right way”.

4 years 7 months ago

But Adam Dunn plays it the wrong way… just strikes out to much. Thus, Jeter deserves more than Dunn. Especially when Jeter is BARELY EVEN A BETTER FIELDER THAN DUNN (slight exaggeration but hes still really bad)As you point out, the justifications for Jeter getting any more than Uribe got toady are just completely unreasonable.

Dave_Gershman
4 years 7 months ago

Jeter probably now wants a Millenium contract

Encarnacion's Parrot
4 years 7 months ago

Send in the clones.

Brian H.
4 years 7 months ago

I hope that you are not referring to Jeter as the best ss in baseball, because he had a bad year and is just beginning his decline…his defense is bad too, have no idea how he won a gold glove(oh ya, he’s on the Yankees!). Tulo is so much better than Jeter, so this contract should not affect their negotiations at all.

4 years 7 months ago

I was being sarcastic. Of course I don’t think he’s the best SS in baseball, not by a long shot. I’d rather have:
Tulo, Hanley, Starlin Castro, Alexei, Andrus, Rollins, Reyes, Stephen Drew, Yunel Escobar and Marco Scutaro at SS just to name a few on the top of my head. He’s a mid-level SS at best.

craigmw
4 years 7 months ago

I’ll give you most of those guys because they are either better than Jeter at this point or still have significant development left, but Marco Scutaro? I know this is cliche as sh*t, but Jeter is a winner – despite the poor range, the declining offense and the GIDP/game. As much as I love Jeter, I’ll still have to take most of those guys on the 2011 Yanks over him. But Marco Scutaro? C’mon man!

4 years 7 months ago

Scutaro’s probably a stretch, as even numbers will back that up. However, I think the “winner” aspect is not a good reason. I believe if you teach guys how to win, it should cost a team extra money unless your a coach. What effect does a winning attitude have on a team? Its impossible to quantify, and for that, I will not mark a player more valuable for it.

YanksFanSince78
4 years 7 months ago

Of course you can mark a player more valuable for being a “winner”. It’s why you would prefer to have Andy Pettitte on the mound for game 7 vs a lot of other comparable pitchers.

I can say this w/o any bias at all. Even though Jeter is a below avg SS w/ respect to his range you can count on him to turn the plays of balls he gets to and to make smart, intelligent plays that can get a pitcher out of jam. Look no further than the 2009 playoffs. That has value. Certainly not more than $15 mil but I think ppl seem to equate good defense at SS simply as range. Jeter does “boot” the balls he gets to, can still turn the DP, has a good arm, knows how to position himself according to the hitter and how he’s being pitched and seems to make the right split second decisions on the field.

YanksFanSince78
4 years 7 months ago

So I guess we’ll completely forget about 2009 right? What if….he puts up another decent yearlike .285/.370 w/ 15 hrs and 20 SB. How fast will ppl jump back on the bandwagon then? Oh he’ll still have limited range and will never be worthy of a GG but ppl are acting as if he’s Wayne Tolleson or something. Certainly not worth more than 3/$45 but how about we see what he does in 2011?

4 years 7 months ago

I was being sarcastic. Of course I don’t think he’s the best SS in baseball, not by a long shot. I’d rather have:
Tulo, Hanley, Starlin Castro, Alexei, Andrus, Rollins, Reyes, Stephen Drew, Yunel Escobar and Marco Scutaro at SS just to name a few on the top of my head. He’s a mid-level SS at best.

RahZid
4 years 7 months ago

Jeter needs to get paid because he’s the best actor in baseball…. duh!

4 years 7 months ago

10 years really? Wow.

moonraker45
4 years 7 months ago

atleast this will end the tulo to yankees, tulo to red sox rumors. . .

that alone makes it worth it

Ferrariman
4 years 7 months ago

10 years huh…Derek Jeter’s last contract was 10/189. just sayin, seems like a comparison.

Andrew Sapiro
4 years 7 months ago

wow, so what kind of money are we looking at here? 180M?

bonestock94
4 years 7 months ago

Probably a good idea to lock up the 1st/2nd best SS in the game.

Sixto_Lezcano
4 years 7 months ago

Woah, the Rockies signed Hanley Ramirez too?!

bonestock94
4 years 7 months ago

A “/” means or, not and.

bonestock94
4 years 7 months ago

A “/” means or, not and.

dizzle4
4 years 7 months ago

I’m thinking it will be in the lower $100s… maybe 10/$120M? Can’t see the Rockies committing to $18M per year.

lakersdodgersyankees4life
4 years 7 months ago

and cant see Tulo agreeing to only 12M a year for his prime years…

YanksFanSince78
4 years 7 months ago

No way he settle for $12 mil when he’s going to earn $15 mil in 2015.

Steven St Croix
4 years 7 months ago

I’m not a fan or Tulo or K Law

derek8556
4 years 7 months ago

good for you

4 years 7 months ago

I don’t think this is a bad deal. If Tulo loses his range going into thirties he can definitely hit and field enough to play third, and it would cover ages 26-35, so it would end when his real decline starts kicking in at around 32-33. For reference, Helton signed his after his age 29 season. This locks up the most significant player in Colorado history and its leader since Helton and Walker, and he’s yet to reach his peak years. Go Dan O’Dowd.

4 years 7 months ago

The Rockies are going to get a discount for buying out three years of his current deal (which had previously bought out his arbitration years). I’m guessing it’s between 130 and 150 million. The two sides obviously have a process established.

As for the injuries? They’ve both been accidents — being hit by a fastball and breaking his wrist, and a bat shattering in his hand — not injuries as the result of wearing body parts.

4 years 7 months ago

Tulo has always been one of my favorite players, good for him and the rox, tulo deserves it. He’s been in the top 3 best SS in baseball for sometime now. The Jeter contract is probably the most comparable deal for him.

$1529282
4 years 7 months ago

I’m sorry, but as good as Tulowitzki is, does signing a guy that’s missed 111 games over the past three seasons to a ten-year deal sound semi-insane to anyone else? Twenty-five years old and he’s already got that kind of injury history… shouldn’t Helton’s imploded deal make them wary?

I don’t get the move. Good for the Rockies for locking up the next face of their franchise I guess, but maybe wait till he’s had more healthy seasons than injured ones.

Sure some of his injuries have been freak accidents, but he’s also had nagging groin and quadriceps injuries throughout his career as well as a torn quad in 2008.

bleedrockiepurple
4 years 7 months ago

How much longer to wait is my question?? Wait till he is 29 like they did with helton???

I can see your cause for concern though. Thats a whole lot of commitment to one player. However this is still very exciting for all Rox fans and the organization.

BobbyJohn
4 years 7 months ago

I’d like to see the fine print before I get excited. Deals of this length rarely work out for the organizations that commit to them.

moonraker45
4 years 7 months ago

Large contracts are insured by MLB teams, as a worst case scenario, as long as he’s on the DL they can receive up to 80% of his salary back . So if injuries are the biggest concern, then atleast there won’t be a situation where they are crippled by this…

If he gets lazy and complacent with a 10 year deal thats a different story…. but we don’t know tulo to make an informed guess on his character.. but I’m sure the rockies brass has done their due diligence

4 years 7 months ago

I would never worry about him getting lazy or complacent. The guy is an absolute competitor, and he plays every day on a mission to make a play on every ball he could even conceivably touch.