With this signing, the Rockies have successfully avoided going to an arbitration hearing with any of their five eligible players. The others were pitchers Matt Belisle, Jason Hammel, Matt Lindstrom and Felipe Paulino.
Stewart hit .256/.338/.443 with 18 homers in 2010. However, he had 25 home runs in 2009, experiencing a dip in power in 2010. He will enter the season as the team's third baseman, though the Rockies have brought in several players who can play the position: Joe Crede (returning from back injury), Jose Lopez (expected front-runner at second base) and Ty Wigginton (versatility in the infield and outfield).
Dan Lucero recently examined Ian Stewart's current situation with the Rockies.
Visit Purple Row for more on Stewart and the entire Rockies team.