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Transaction Action: Rockies Extend Todd Helton Through 2013 PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Joe Tetreault   
Thursday, 11 March 2010 16:35

Troy Renck of the Denver Post reports that the Rockies have re-signed first baseman Todd Helton to a two-year contract extension that will keep him with the Rockies through 2013. Helton will get $9.9 million over the life to the two year extension, paid as $4.9 million in 2012 and $5 million in 2013. Helton also agreed to restructure his 2011 salary to defer a portion of the $19.1 million he was set to receive next season, giving Colorado added payroll flexibility next off-season.

Bouncing back from an off 2008, the Rockies longtime first baseman posted a thoroughly respectable batting line of .325/.416/.489 in 645 plate appearances. For his career he has an outstanding .427 OBP which is the highest among active players, just two thousandths of a point higher than Albert Pujols.

Colorado could have significant payroll flexibility next offseason with both Brad Hawpe and Jeff Francis likely leaving when their contracts are up. They'll need the extra cash as a number of their young players are becoming arbitration eligible following this season.

Joe Tetreault is a member of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey.

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