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Rockies, Jason Giambi Agree On Minor League Contract, Pending Physical

The Colorado Rockies announced on Tuesday that they have agreed to a Minor League contract with Jason Giambi, pending a physical. He has received an invitation to spring training. Jon Heyman reports that Giambi will make $1 million should he be on the Rockies' major league roster. However, should he not appear in the majors, he will receive the normal salary for a player at the Triple-A level (provided he isn't let go for a chance somewhere else).

Giambi first came to the Colorado Rockies in September 2009 following his struggles with the Oakland Athletics. He immediately became a good clubhouse guy and was brought back for the 2010 season. He helped him Todd Helton rest at first base. He hit .244/.378/.398 with six homers and 35 RBI in 87 games.

While it looked as though Giambi would move elsewhere at the conclusion of the 2010 season, the designated hitter market in the American League had no legs to it. This appears to be a depth move for spring training and as a way to showcase him for other teams who are looking for a veteran presence off the bench at the start of the 2011 season. However, the Denver Post's Troy Renck reports that the Rockies could go with four outfielders and Ty Wigginton being able to handle the corner outfield spots in order to get Giambi on the roster.