Colorado Rockies And Jorge De La Rosa Agree To Two-Year Contract With Options In 2013, 2014

Colorado and De La Rosa have both agreed to a three year deal with a club option on a fourth year.

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Jorge De La Rosa Contract Details Released

The details and specifics around Rockies pitcher Jorge De La Rosa's contract  have now been released, giving us a look into the make up of the deal

The Rockies have also agreed in principle on a deal that secures Jorge De La Rosa's return, pending a physical. It is a two-year, $21.5 million contract with a player option that, if exercised, guarantees De La Rosa $32 million. If the left-hander forgoes free agency and exercises the option, the Rockies receive a fourth-year club option for $11 million.

The Rockies were able to get De La Rosa for three years as opposed to the 4 year deal that he was seeking by upping the yearly amount. Locking up De La Rosa provides Colorado with the final piece of their 2011 rotation, a unit that, if healthy, has the talent to take the club back to the postseason for the third time in five seasons.

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De La Rosa Contract Details Emerging

Ken Rosenthal is reporting that the Colorado Rockies and Jorge De La Rosa are very close to agreeing to a 3 year deal worth $32-$33 million.

 

Source: #Rockies pick up Tulo $15M option, add 6-yr, $119M ext. 10-yr. total thru '20 will be $157.75M. De La Rosa 3-yr deal $32M-$33M. #MLBless than a minute ago via web

 

If this report is accurate, the Colorado Rockies may have snagged one of the top remaining free agent pitchers left on the market --aside from Cliff Lee-- for approximately $11 million per year, a bargain provided he stays healthy.

De La Rosa had received four year offers from several other teams, but decided to take fewer guaranteed years (and likely less money) to pitch in Colorado. He has made his desire to continue working with Rockies pitching coach Bob Apodaca a well known fact, and the money in this contract backs up these statements.

With De La Rosa all but officially under contract, the Rockies 2011 rotation appears set.

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SOURCE: Rockies and De La Rosa "Close" On Three-Year Deal

Ken Rosenthal is reporting that the Colorado Rockies are very close on signing a three year contract with prized free agent Jorge De La Rosa.

Most industry sources had suggested that De La Rosa would receive four year offers from the Washington Nationals and Pittsburgh Pirates, among other teams. It appeared unlikely last week that the Colorado front office would be competitive against those other offers.

Details are not yet confirmed, but the Rockies have been firm in their commitment to a three year deal with De La Rosa. It appears the two parties are very close to an agreement.

Read community reaction at Purple Row.

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Yankees Among Many Suitors For Jorge De La Rosa

As one of the premier left handed starters remaining on the free agent market, Jorge De La Rosa expected to garner plenty of attention from clubs desperate for starting pitching. Troy Renck of the Denver Post has listed the first wave of teams looking to pay for De La Rosa's services.

 

 

Teams are expected to begin meeting w De La Rosa's reps today. Washington, Pittsburgh, Baltimore, Rockies, Yankees among those w interestless than a minute ago via TweetDeck

 

The Yankees are not a surprising addition to that list, as they are normally linked to any and all top free agents. But a couple of names are surprising, including teams in the midst of rebuilds.

Pittsburgh rumors are directly related to the recent hiring of former Colorado manager Clint Hurdle, as the Pirates have also been linked lately to that other free agent lefty, Jeff Francis. It's unknown how big of an influence Hurdle holds over De La Rosa (and Francis), but the interest has been confirmed by multiple sources.

Baltimore is another surprising selection, as they normally avoid bidding on free agent pitchers. They have a very young team that may become competitive this next season, and potentially see De La Rosa as that top-flight starter they need to anchor their inexperienced pitching staff, and De La Rosa is certainly an improvement over Kevin Millwood.

Washington resembles Baltimore two years ago. Their core is still developing, but with the setbackof Stephen Strasburg, they are in desperate need of a pitcher who can provide quality innings. Considering De La Rosa's inconsistent injury history (2009 is the only season he has ever pitched more than 130 innings), he is an odd fit within the Nationals rotation.

Colorado has stood firm on signing De La Rosa to a maximum of three years, and that may become the tipping point towards signing with another team, such as Baltimore, who is willing to offer a four year deal. The Rockies don't want a potential albatross contract such as De La Rosa's to become a factor when players such as Ubaldo Jimenez, Carlos Gonzalez, and Troy Tulowitzki near free agency.

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Ted Lilly Signs WIth Dodgers, Sets Standard For De La Rosa Contract

Ted Lilly has officially signed a 3 year, $33 million contract with the Los Angeles Dodgers, removing one of the few top left-handed pitchers from the open market.

This contract sets a baseline for Colorado’s negotiations with De La Rosa. Troy Renck reported this morning that Colorado has had discussions, but have not made a contract offer to the lefty.

Lilly, 34, signed a three-year, $33 million contract Tuesday. De La Rosa is 5 years younger, setting up a situation where he might demand a five-year contract.

The Rockies have opened dialogue with De La Rosa but have not made an offer to him.

De La Rosa’s contract status leaned heavily on a Ted Lilly deal, and now that the numbers are set, the speculation can begin. With Cliff Lee setting his own price this postseason, De La Rosa remains the best possible remaining option for many teams to acquire an impact starting pitcher.

Jeff Aberle of Purple Row wrote about the contract situation, including his prediction of how high the Rockies’ organization is willing to go to re-sign De La Rosa.

Lilly has much more of a track record than JDLR of MLB success (four seasons of 3+ WAR and very few injuries), but he’s five years older and arguably has a lower ceiling over the next three years. We’ll see if De La Rosa’s lack of a track record and perceived risk drop him into the Rockies’ price range (which appears to max out at around 3/24, close to what they paid Huston Street). I’d be willing to go up to 3/27 for JDLR, but the Lilly contract makes me wonder if even that will get it done for Jorge. I wouldn’t count on it.

Though he has stated he would like to return to Colorado, the perceived $5+ million that other teams may be willing to offer for his services may prove to be the difference.

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