Wade Davis Signs a Three-Year, $52 Million Deal with Colorado Rockies

Wade Davis has a new team.

Wade Davis. Photo by Del Mecum/CSM/REX/Shutterstock (9068049ch)

Former Chicago Cubs reliever Wade Davis has signed a three-year contract with Colorado Rockies, the team announced on Friday. According to ESPN‘s sources, the deal is worth $52 million. Davis will get $16 million in 2018, $18 million in 2019 and $17 million in 2020. In case Davis finishes 30 games in the last year of his contract, he will have a vesting player option and will earn $15 million if he picks it up.

The 32-year-old right-hander had 32 saves for the Cubs in the 2017 regular season, adding four more in the postseason. He also posted 2.30 ERA with 79 strikeouts during the regular season. The Cubs were only willing to give a two-year deal to Davis, so he decided to go with the offer from the Rockies. Since Cubs gave Davis a qualifying offer, they will get a compensatory pick in 2018 MLB Draft, while the Rockies will lose their third-highest pick in the same draft.

Davis will be welcomed to the Rockies by pitching coach Steve Foster, with whom he already worked when he was a member of Kansas City Royals. Besides getting a good player, the Rockies also acquired someone who can be a mentor for younger relievers.

He doesn’t give in.” – said Carl Edwards Jr. about Davis. “He’s the same guy every day. He goes out there and does what he has to do. He’s a really big part of the team, and the bullpen, especially. He comes in and there’s no second thoughts, just go right after guys.

Previously, Colorado Rockies resigned Jake McGee on a three-year, $27 million contract, and brought in former Cleveland Indians pitcher Bryan Shaw. The team is also working on resigning Greg Holland, who was tied for second most saves (41) in the MLB in 2017.