Rockies Rumors: Giambi, Betancourt, Peralta

It sounds like the Rockies will bring back manager Jim Tracy and GM Dan O'Dowd. Here are some more rumors regarding the club's offseason plans:

• Tracy Ringolsby of Inside the Rockies says the team's coaching staff will return in 2010. Jim Tracy works well with his coaches, though he did not hand-pick them.
• Ringolsby expects the Rockies to decline the options for Jason Giambi ($6.5MM), Rafael Betancourt ($5.4MM), Yorvit Torrealba ($4MM, $500K buyout) and Alan Embree ($3MM, $250K buyout).
• Instead of picking up Betancourt's option, the club will try to sign him to a two-year deal that guaranatees less money in 2010.
• If Torrealba returns, it would likely be for about $1MM.
• It seems unlikely that Embree will return and Ringolsby says Giambi doesn't fit the Rockies' needs.
• Troy Renck of the Denver Post reports that reliever Joel Peralta has chosen free agency after being outrighted off the team's 40-man roster.