The teams will split Wigginton's $4MM 2012 salary, according to Troy Renck of the Denver Post, and the Rox can recoup another player or $100K in cash if the Phils exercise Wigginton's $4MM 2013 option. If the Philly declines Wigginton's 2013 option, the Rockies will pay a portion of the $500K buyout, Renck adds. The player to be named or cash will switch hands within six months, tweets Jim Salisbury of CSNPhilly.com.
Wigginton, who turned 34 last month, owns a .265/.325/.443 career line in 10 seasons with the Mets, Pirates, Rays, Astros, Orioles and Rockies, though he's been better against lefties (.274/.353/.461) than righties (.261/.313/.437) by a healthy margin. Wigginton has primarily played third base but has seen action at first base and even logged time at second and in left field.
The Phils had reportedly been pursuing free agent utility man Michael Cuddyer, so it's fair to infer that the acquisition of Wigginton means they're out of the Cuddyer bidding. Cuddyer and Wigginton are roughly comparable players in terms of their positional profiles and age, although Cuddyer, 33 in March, has posted a better offensive line in his career: .272/.343./.451. Wigginton, though, should prove a significantly cheaper addition.
Phillies GM Ruben Amaro Jr. said he regards Wigginton primarily as a corner infielder and occasional outfielder, according to Matt Gelb of the Philadelphia Inquirer (Twitter), who adds that Wiggy will be insurance for Placido Polanco and Ryan Howard. The latter suffered a ruptured Achilles tendon in the Phils' postseason-ending loss to the Cards in the NLCS, so there's some concern over whether he'll be ready on Opening Day.
Wigginton's departure from Colorado should open the door for catcher/first baseman/third baseman Jordan Pacheco, who played well during a late-season cup of coffee in 2011, to fill a similar role in 2012, tweets Renck.