Rockies Extend Carlos Gonzalez

The Rockies are officially announcing that they have signed Carlos Gonzalez to a seven-year, $80MM extension. The deal will keep Gonzalez in the Rockies' lineup through 2017 along with Troy Tulowitzki, who is under contract through 2020. 

Augusto Cárdenas of Diario Panorama explains that Gonzalez receives a $3MM signing bonus and will earn $1MM in 2011, $5MM in 2012, $7.5MM in 2013, $10.5MM in 2014, $16MM in 2015, $17MM in 2016 and $20MM in 2017.

Gonzalez, 25, finished third in MVP voting last year, after leading the National League in hits and batting average. He clubbed 34 homers and hit .336/.376/.598 in 636 plate appearances. Gonzalez split his time between the three outfield positions in 2010 and won his first Gold Glove.

Gonzalez is not yet arbitration eligible, so the contract covers one pre-arb season, three arbitration seasons and three free agent years. Agent Scott Boras has a tendency to let his clients hit the open market, but this deal will postpone Gonzalez's free agency until he's 32. However, Boras proved with the Jayson Werth deal that it's possible for early thirties outfielders to cash in via free agency.

Gonzalez will recieve an "assignment bonus" if he is dealt during the seven-year term of the contract, according to Jon Heyman of SI.com. However, a Rockies source told Heyman, "we aren't trading him."  Troy Renck of The Denver Post tweetsthat the provision will pay him $2MM if he is traded.

The outfielder's public relations team announced the deal on his Twitter account


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