January 31: The Rockies have now formally announced Story’s two-year deal. Feinsand tweets that Story will be paid a $2MM signing bonus, an $8MM salary in 2020 and a $17.5MM salary in 2021.
January 24, 8:39pm: It is indeed an arbitration-only contract, ESPN.com’s Jeff Passan tweets. Story will receive $27.5MM over the two-year term. The Rockies will not gain control over any prospective open-market seasons but will gain some cost certainty as part of the deal.
8:36pm: The Rockies are closing in on a “multi-year deal” with star shortstop Trevor Story, per MLB.com’s Mark Feinsand and Jon Morosi (Twitter link). It is not yet clear whether the contract would cover any potential free agent seasons or merely settle multiple arbitration campaigns at one time.
Needless to say, a long-term extension would be a fascinating development given all the recent chatter regarding fellow star Nolan Arenado. If it’s merely an arb work-out, it’d be a notable but hardly headlining development.
Story has filed for a $11.5MM salary, with the Rockies countering at a $10.75MM offer. He’s in his second season of arbitration eligibility after earning $5MM in 2019. Story is slated to reach free agency at the end of the 2021 campaign.
Regardless of the contract specifics, the 27-year-old Story figures to be a monster again on the field in 2020. He’s coming off of a second-straight 30+ homer, 5+ fWAR effort. Story strikes out more than you’d like and only draws walks at league-average levels, but is still an exceptionally well-rounded performer. He hits for average with loads of power, contributes value on the bases, and is an outstanding defender at short.