Thomas Harding of MLB.com reports the Rockies will announce the signing of veteran Russ Ortiz. Along with the signing of Jason Giambi, the Rockies have significantly increased their veteran presence for the stretch run.
Ortiz was released by the Astros after posting a 5.57 ERA in 23 games, 13 starts. After signing with the Yankees and going 2-1 with a 1.59 ERA in Triple A, he opted out when he wasn't promoted. Ortiz wanted to pitch for a contender and signing with the Rox gives him that chance.