Broncos’ Ownership Group Purchases Minority Share In Rockies
Penner Sports Group, a company run by the Penner family which owns the NFL’s Denver Broncos, has purchased a minority share in the Rockies. The MLB franchise announced the news this afternoon.
The Rockies specified only that the Penner investment made them the largest minority stakeholder under the Monfort family, which retains majority ownership. Patrick Saunders of The Denver Post provides specifics, reporting that the Penners are purchasing a 40% share of the franchise.
The team didn’t disclose the sale price, though Saunders writes that it’s believed to be around $672MM. The Rockies’ statement said the influx of cash allows them to “retire all outstanding debt while providing additional investment in the team.” It’s unclear if it’ll have any impact on player payrolls in the future. The Penners will remain focused on the Broncos and are not going to have daily responsibilities with the Rockies, Saunders reports.
Most of the major Denver sports franchises, the Broncos included, have been successful in recent years. The Rockies are coming off the first three 100-loss seasons in franchise history. They’ve had seven straight losing campaigns and dropped 119 games last year, tied for third-most in MLB history.
They’ve started this season respectably, going 6-7 while outscoring opponents by six runs, but are unlikely to be even a .500 club for some time. Colorado opened this season with a $117MM payroll, according to The Associated Press, the 21st-highest mark in the league. That’s down marginally from their $122MM season-opening figure in 2025.
Rockies Claim Sammy Peralta From Brewers
The Rockies have claimed left-hander Sammy Peralta off the Brewers’ waiver wire, Todd Rosiak of the Milwaukee Journal Sentinel reports. Colorado has officially announced the move, and shifted right-hander McCade Brown to the 60-day injured list to create space for Peralta on the 40-man roster. Peralta has been optioned to the Rockies’ Triple-A affiliate.
The Brew Crew designated Peralta for assignment earlier this week to open up a 40-man roster spot for the newly-acquired Luis Matos. Peralta’s tenure with the Brewers will end after two Triple-A appearances and zero big league games, as Milwaukee just claimed Peralta off waivers from the Angels last October.
Appearing in each of the last three MLB seasons, Peralta’s resume in the Show consists of 30 appearances and 45 2/3 innings with the White Sox and Angels from 2023-25. He has a 5.12 ERA, 17.3% strikeout rate, and 11.2% walk rate, and Peralta has averaged only 89.3mph on his fastball during his brief time in the majors.
Peralta drastically cut back on his fastball in 2025 and also cut back on his changeup usage, instead incorporating a sinker a third of the time and boosting his slider up to a 49% usage rate, without any real change in results. While his ERA jumped from 4.80 in 2024 with the Sox to 7.59 with the Angels in 2025, Peralta’s underlying metrics didn’t change much, so his change in pitch repertoire didn’t have any impact on his performance either under the hood or in terms of bottom-line results.
Peralta routinely pitches multiple innings in relief, making him a useful depth option for the Rockies’ bullpen. Brennan Bernardino is also the only left-hander in Colorado’s current relief mix, which could give Peralta some extra opportunity to stick with the team if and when he is eventually called up from Triple-A.
Brown started the season on Colorado’s 15-day IL due to shoulder inflammation, and the move to the 60-day IL ensures that his 2026 debut won’t come until at least the last week of May. 2025 marked Brown’s first taste of the big leagues, as he posted a 7.36 ERA over 25 2/3 innings and seven starts for the Rockies.
Rockies Place Jose Quintana On Injured List
The Rockies announced they’ve placed starter Jose Quintana on the 15-day injured list with a right hamstring strain. The move is retroactive to March 30, meaning he’ll be eligible to return on April 14. Colorado recalled righty Valente Bellozo from Triple-A Albuquerque in a corresponding move.
Colorado also optioned infielder Ryan Ritter this evening. They haven’t replaced him on the active roster but will do so tomorrow. Outfielder Mickey Moniak will be eligible for reinstatement from his 10-day injured list stint; he’ll presumably be the corresponding move.
The Rox are idle tonight before hosting Philadelphia for a three-game weekend series. Teams don’t typically announce minor transactions like this during off days. Injured list placements can be backdated by a maximum of three days, however, so the Rox would have delayed Quintana’s eligibility for reinstatement if they waited to make that move until tomorrow.
Quintana made his team debut on Monday against the Marlins. He allowed four hits and walked four batters in 4 1/3 innings. The veteran southpaw mostly managed to work around the traffic and only allowed two runs. He departed with a one-run lead, though Miami would win 4-3 on Owen Caissie’s walk-off two-run homer with two outs in the ninth.
There was no indication that Quintana was injured during the game. It’s unclear if the issue developed during a midweek throwing session. Michael Lorenzen will open the series against Aaron Nola tomorrow. Quintana was slated to oppose Jesús Luzardo on Saturday evening. Bellozo would be on six days rest after throwing three Triple-A frames on Sunday. He could step into Quintana’s rotation spot or work in long relief if they want to give Chase Dollander a couple turns as a starter.
Rockies Sign Andrew Knizner To Minor League Deal
The Rockies signed catcher Andrew Knizner to a minor league contract on Wednesday. Although the team didn’t announce the move, the 31-year-old jumped right into action tonight with Triple-A Albuquerque.
Knizner hit the market at the end of camp when he was released by the Mariners. He had signed a one-year, $1MM free agent deal with Seattle in December. Knizner surely felt he was the favorite to back up Cal Raleigh at the time, as he was the only other catcher on the M’s 40-man roster. They re-signed Mitch Garver on a minor league contract at the beginning of Spring Training.
Seattle opted to run it back with a Raleigh/Garver pairing. They also swung a trade for an optionable third catcher, Jhonny Pereda, in the interim. Knizner has over five years of service time, meaning he could refuse a minor league assignment while collecting his full salary. Rather than report to Triple-A Tacoma, he tested the market for a clearer path back to the big leagues.
That won’t come immediately, but there’s a decent chance he can play his way into an MLB look with Colorado. The Rox opted for light-hitting minor league signee Brett Sullivan as their backup catcher to begin the season. Third catcher Braxton Fulford still has a couple options remaining and has hit .221/.272/.354 in 41 big league contests. Hunter Goodman is going to be in the lineup almost every day, but no one has a firm hold on the backup job.
Knizner hasn’t provided much offensively at the MLB level either. He’s a career .211/.281/.316 hitter in just under 1000 plate appearances. The former seventh-round pick owns a much stronger .292/.387/.443 line over parts of four Triple-A campaigns. He’ll pair with Fulford behind the dish in Albuquerque with Kyle McCann on the injured list.
Rockies Select Valente Bellozo
The Rockies announced that they have selected the contract of right-hander Valente Bellozo and optioned him to Triple-A Albuquerque. To open a 40-man spot for him, they placed right-hander RJ Petit on the 60-day injured list. Petit underwent Tommy John surgery recently and will miss the entire 2026 season.
Bellozo, 26, signed a minor league deal with Colorado in the offseason. When a team adds a player to the 40-man roster and immediately options him, it’s usually a sign that the deal had some sort of opt-out or upward mobility clause. Going this route prevents the player from getting away but also doesn’t require the team to bump anyone else off the active roster.
The righty didn’t have an especially strong camp, allowing 11 earned runs in 15 2/3 innings, but the Rockies presumably like his larger track record. He spent the past two years working in a swing role for the Marlins, tossing 150 innings over 45 games, including 19 starts. He allowed 4.20 earned runs per nine. His 15.2% strikeout rate was subpar but he limited walks to a 6.8% clip. The Rockies also might like his arsenal, as he has thrown six different pitches in his career, something the organization is seemingly trying to prioritize this year.
Miami outrighted him off the roster at the end of last season and he elected free agency, which led to his deal with the Rockies. Colorado’s pitching was historically bad last year. They have tried to make it more respectable for 2026 by signing Michael Lorenzen, Jose Quintana and Tomoyuki Sugano. Those three are joining Kyle Freeland and Ryan Feltner in the rotation to start the season. Chase Dollander is beginning the campaign in long relief.
The optionable rotation depth includes Carson Palmquist, Gabriel Hughes and Tanner Gordon. Now Bellozo will jump into that mix. Teams generally need 10 to 15 starters to get through an entire season these days, so Bellozo and those other guys should have opportunities throughout the year.
As for Petit, the Rockies selected him with the first pick in last year’s Rule 5 draft. Due to his surgery, he’ll spend the entire year on the IL. The IL goes away five days after the World Series. If he sticks on the roster through the offseason, the Rule 5 restrictions would carry over until he has spent 90 days on the active roster.
Photo courtesy of Isaiah J. Downing, Imagn Images
Rockies Outright Keegan Thompson
5:12pm: Thompson has already cleared waivers and is indeed accepting the outright assignment to Triple-A Albuquerque, reports Thomas Harding of MLB.com. Although Colorado announced the DFA this afternoon, they apparently placed him on waivers earlier in the week.
12:37pm: The Rockies announced they’ve designated reliever Keegan Thompson for assignment. The right-hander is out of options and didn’t win a spot in Warren Schaeffer’s bullpen. Colorado selected the contracts of backup catcher Brett Sullivan and rookie first baseman T.J. Rumfield, each of whom was informed they’d made the team over the weekend. Thompson’s DFA cleared one spot on the 40-man roster, while the other was opened with Pierson Ohl (Tommy John surgery) going on the 60-day injured list.
Colorado also optioned hard-throwing righty Seth Halvorsen, who walked 12 batters in five innings this spring. They made five more season-opening IL placements. First baseman Blaine Crim (left oblique strain), utility player Tyler Freeman (back tightness), and outfielder Zac Veen (right knee contusion) all land on the 10-day injured list. Righties McCade Brown (shoulder inflammation) and RJ Petit (Tommy John surgery) open on the 15-day injured list. Colorado will move Petit to the 60-day IL whenever they need a 40-man roster spot. Freeman’s injury means first baseman/outfielder Troy Johnston claims the last bench role.
Thompson’s DFA wasn’t motivated by 40-man concerns but rather his out-of-options status. The Rockies opted to carry Jaden Hill and Zach Agnos in middle relief over Halvorsen and Thompson. They’re dedicating long relief roles to Chase Dollander and Antonio Senzatela. Trade pickup Brennan Bernardino is their only left-hander in the group, while they’ll use Jimmy Herget, Juan Mejia and Victor Vodnik in the late innings.
Colorado claimed Thompson off waivers from the Reds in January. He was on a split contract with Cincinnati that would have paid $1.3MM if he made the MLB roster and $350K for time spent in the minors. The Reds tried to sneak him through waivers but the Rockies placed a claim to take a look at him in camp. The 31-year-old righty had a tough spring, allowing 10 runs with six free passes (five walks and a hit batter) against four strikeouts over 12 innings.
There’s a decent chance Thompson sticks in the organization. He’ll likely go on waivers this week. If he clears, he’s unlikely to decline a minor league assignment and walk away from his $350K Triple-A salary. Thompson spent all of last year at the Triple-A level in the Cubs’ system. He turned in a 4.50 ERA while striking out nearly 30% of opponents across 64 innings.
Poll: Who Will Win The NL West?
With Opening Day just around the corner, the offseason is more or less complete for MLB’s 30 clubs and teams. Until the playoffs begin, teams will be focused on a smaller goal: winning their division. In the run-up to the start of the season, we will be conducting a series of polls to gauge who MLBTR readers believe is the favorite in each division. The Blue Jays came out on top in the AL East, and the Tigers did the same in our poll on the AL Central. Yesterday, MLBTR readers overwhelmingly voted (66%) to predict the Mariners would win the AL West. Today, we’ll be moving on to the National League, starting with the NL West. All teams are listed in order of their 2025 regular season record:
Los Angeles Dodgers (93-69)
The Dodgers may have not even qualified for a playoff bye last year, but their dominant performance during the postseason quelled any doubt about the club being the class of the National League. Los Angeles did not rest on its laurels this offseason, adding two more superstars: outfielder Kyle Tucker and closer Edwin Diaz. That duo levels up a roster that already sports Shohei Ohtani, Freddie Freeman, Yoshinobu Yamamoto, and Mookie Betts among many other high-end players. As has become the norm, the Dodgers enter 2026 as the overwhelming favorite to win the division, although their aging and injury-prone core will surely start showing cracks at some point. Will this year be that year?
San Diego Padres (90-72)
On paper, the Padres might look to some as if they’re more likely to miss the playoffs entirely than overtake the Dodgers in the NL West. The silver living for San Diego, then, is that this was also true headed into the 2025 season. Despite that narrative, the Padres managed to spend much of the summer in a virtual tie with Los Angeles, and they were in sole possession of first place as late as August 23. This year, they’ll look to defy the odds once again with a patchwork rotation that offers little certainty outside of Nick Pivetta and a lineup that wasn’t substantially improved over the offseason. The biggest additions to San Diego relative to last year, in all likelihood, will be full seasons from star closer Mason Miller and veteran outfielder Ramon Laureano.
San Francisco Giants (81-81)
After a splashy trade for Rafael Devers last June, the Giants ended up selling at last year’s trade deadline. Their efforts to get back in the playoff hunt for 2026 this winter were more complementary than impactful. Tyler Mahle and Adrian Houser join a rotation that lost Justin Verlander. The lineup added a glove-first outfielder in Harrison Bader and a bat-first infielder in Luis Arraez. Still, the team looks solid on paper. Those additions leave the San Francisco offense without many obvious holes, and the rotation sports one of the game’s best starters in Logan Webb plus a former Cy Young winner in Robbie Ray. Perhaps the biggest question facing the Giants this year is in the bullpen. San Francisco traded Tyler Rogers and Camilo Doval last July and lost Randy Rodriguez to Tommy John surgery in September. None have been replaced. That could leave the club bleeding runs in the late innings without big steps forward from players like Erik Miller and Jose Butto.
Arizona Diamondbacks (80-82)
Just about everything that could go wrong on the pitching side did so for the Diamondbacks last year. Zac Gallen had the worst season of his career. Corbin Burnes, Justin Martinez, and A.J. Puk all underwent elbow surgery. Brandon Pfaadt and Eduardo Rodriguez had seasons to forget. Their team is weaker on paper headed into 2026 than it was in 2025, as their big offseason additions were reunions with Gallen and Merrill Kelly, plus additions at the infield corners (Carlos Santana and Nolan Arenado) won’t match the offensive output of those positions’ previous occupants (Josh Naylor and Eugenio Suarez). Even so, Ketel Marte and Corbin Carroll are legitimate superstars. Geraldo Perdomo might be one as well. If the team’s veteran pitchers can turn things around, perhaps the Diamondbacks could ride their strong offensive nucleus back into the postseason.
Colorado Rockies (43-119)
Following a 119-loss season in 2025, Colorado made some small moves under new front office boss Paul DePodesta but nothing that would truly move the needle. Jake McCarthy, Edouard Julien, Willi Castro, Michael Lorenzen, and Jose Quintana have certainly all had their fair share of success in the past, but each profiles as a complementary player at the best of times. Perhaps those moves working out plus steps forward from key pieces like Brenton Doyle and Ezequiel Tovar could help the Rockies avoid another 100-loss season, but a division title or Wild Card berth are both pipe dreams.
Who do MLBTR readers think will win the NL West? Have your say in the poll:
Who will win the NL West in 2026?
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Los Angeles Dodgers 66% (2,924)
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San Diego Padres 12% (523)
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Colorado Rockies 10% (449)
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San Francisco Giants 9% (403)
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Arizona Diamondbacks 3% (138)
Total votes: 4,437
Parker Mushinski Re-Signs With Rockies
March 24: The Rockies announced Tuesday that Mushinski has re-signed on a new minor league contract. He’ll presumably open the season with their Triple-A club.
March 22: Left-hander Parker Mushinski was in camp with the Rockies on a minor league deal but is now heading back to free agency. Thomas Harding of MLB.com reports that the southpaw has been informed that he won’t break camp with Colorado and will now opt out of his deal.
Mushinski, 30, had a camp of extremes. He racked up some strikeouts but also saw a lot of runs cross the plate. In 8 2/3 innings, he struck out 12 opponents but allowed ten earned runs via 11 hits and four walks. His .391 batting average on balls in play and 41% strand rate point to some poor luck in that small sample.
The Rockies had an awful pitching staff in 2025 and certainly had room for some new arms but they couldn’t find a spot for Mushinski. They’ll go into 2026 with Brennan Bernardino as the only lefty in their bullpen. Luis Peralta and Welinton Herrera are on the 40-man roster but will begin the season on optional assignment.
Mushinski’s major league track record consists of 33 innings pitched for the Astros over the 2022 through 2024 seasons. In that time, he has a 5.45 earned run average, 17.4% strikeout rate, 8.1% walk rate and 45.2% ground ball rate. He spent the 2025 season with the Guardians on a minor league deal. He tossed 50 Triple-A innings with a 3.78 ERA, huge 29.6% strikeout rate and strong 47.9% ground ball rate, but an ugly 14.8% walk rate.
He’ll head to the open market to see what opportunities await him now. There’s a ton of roster shuffling happening this week as clubs make their final decisions before Opening Day. As some guys get released or head to waivers, some clubs may find themselves light on lefty relief.
Photo courtesy of Rick Scuteri, Imagn Images
Rockies To Select T.J. Rumfield, Brett Sullivan
The Rockies will carry first baseman T.J. Rumfield and catcher Brett Sullivan on their Opening Day roster, manager Warren Schaeffer announced over the weekend (link via Thomas Harding of MLB.com). Colorado also tabbed Ryan Feltner as their fifth starter, meaning Chase Dollander will begin the season in the bullpen.
It’s the first major league call for the 25-year-old Rumfield. Colorado added the lefty-swinging first baseman in a trade with the Yankees in January. They sent hard-throwing reliever Angel Chivilli to New York. A former 12th round pick who went unselected in December’s Rule 5 draft, Rumfield isn’t a highly touted prospect. He’s coming off a strong season in Triple-A, though, and the Rockies offered a much clearer path to playing time than he would’ve had behind Ben Rice and Paul Goldschmidt in the Bronx.
Rumfield hit .285/.378/.447 with 16 homers across 587 plate appearances in the minors last season. He worked walks at a 12% clip while striking out at a lower than average 18.4% rate. Rumfield’s middling batted ball metrics probably held him back from getting a look as a Rule 5 draftee. His 36.6% hard contact rate and 87.8 mph average exit velocity would be at the lower end for an MLB first baseman.
At the same time, Rumfield doesn’t have much more to prove against minor league pitching. He has posted above-average numbers at every stop, including nearly two full seasons in Triple-A. He’s an advanced contact hitter with a quality approach. That was on display this spring as well. Rumfield batted .280 with four homers and remarkably struck out just one time in 58 plate appearances in camp.
There’s a decent chance he’s the starting first baseman on Opening Day. Colorado had the worst first base group in the majors a year ago. They moved on from Michael Toglia over the winter, acquiring Rumfield and Edouard Julien as options at the position. Julien could also factor in at second base depending on how the Rox use utility player Willi Castro.
They can move Castro between second and third, though Schaeffer announced that infielders Ryan Ritter and Kyle Karros also made the team. They account for two bench spots, while Sullivan wins a third as the backup catcher. (The final bench spot is undetermined, as infielder Tyler Freeman is questionable for Opening Day with back soreness.) Sullivan beat out Braxton Fulford for the #2 catcher role; the latter was officially optioned yesterday.
Colorado added Sullivan on a minor league deal over the winter. The 32-year-old played in three big league games with the Pirates last year. He has 43 games and 112 MLB plate appearances under his belt, batting .204/.250/.291 with a pair of home runs. Sullivan had a big camp, hitting .378 with a pair of homers and three walks and strikeouts apiece in 16 games. Fulford hit .270 with three longballs, eight strikeouts and one walk.
Sullivan showed enough that the Rox want to keep him around to back up Hunter Goodman. He’s out of options, so he’ll need to stick on the MLB roster or be exposed to waivers. The Rockies will need to officially select Rumfield’s and Sullivan’s contracts on Wednesday. They can do so without designating anyone for assignment. Pierson Ohl and RJ Petit recently underwent Tommy John surgeries and can be placed on the 60-day injured list.
Meanwhile, the news on the pitching side comes as a surprise. Feltner and Dollander were competing for the final rotation spot behind Kyle Freeland and free agent signees Michael Lorenzen, Jose Quintana and Tomoyuki Sugano. Neither pitcher seized the job during camp. Feltner gave up 13 runs while walking 10 batters in 11 2/3 innings. Dollander surrendered 11 runs (10 earned) with seven walks and three hit batters across 14 frames.
Given Dollander’s pedigree as a former top 10 pick, it seemed that a rebuilding Colorado team would prefer to have him continue to start. They’ve opted for Feltner instead but apparently don’t believe Dollander would benefit from working out of the Triple-A rotation. He’ll join Antonio Senzatela as a multi-inning arm out of the bullpen.
Aside from Freeman’s health, the bullpen is the last unknown part of the Opening Day roster. There a couple middle relief spots up for grabs and one out-of-options player (Keegan Thompson) trying to maintain his spot on the 40-man roster.
Rockies Release John Brebbia
The Rockies announced that right-hander John Brebbia has been released from his minor league deal. It’s unclear if he triggered an opt-out or was simply let go. In either case, he’ll head to free agency in search of his next opportunity.
Brebbia has some good seasons on his track record but is coming off a couple of rough campaigns, which is why he had to settle for a minor league deal with Colorado, no pitcher’s first choice for a landing spot. He was looking to bounce back but his results in camp were mixed. On the one hand, he struck out 11 of the 37 batters he faced, a strong 29.7% clip. He hit one batter but did not issue a walk. On the other hand, he allowed three home runs. That led to seven earned runs crossing the plate in nine innings.
That evidently wasn’t enough for him to earn a spot with the Rockies, so he’ll be looking for opportunities elsewhere. The interest he receives will mostly be based on his past results. As mentioned, his recent work hasn’t been great. Since the start of 2024, he has a 6.41 earned run average. From 2017 to 2023, he logged 299 2/3 innings with a 3.42 ERA, 25.5% strikeout rate and 7.2% walk rate.
Since his past two seasons have been such a challenge, he’ll surely be limited to minor league offers in the coming days. He may even circle back to the Rockies on a new deal. Those kinds of reunions are fairly common when guys get cut just before Opening Day.
Photo courtesy of Rick Scuteri, Imagn Images