Wade Davis reportedly has a huge free-agent deal with the Colorado Rockies meaning he won't be returning as the Cubs closer
The Rockies have reached an agreement on a three-year, $52 million contract with All-Star closer Wade Davis, Yahoo Sports reported Friday.
Davis, one of Colorado's primary targets this offseason, has signed a three-year deal that will pay the right-hander an average of $17.33million per year - a record for a reliever.
Davis, 32, was 4-2 with 32 saves in 33 opportunities and a 2.30 ERA for the Chicago Cubs last season.
Davis will also reportedly be in line for a $14 million vesting option for the 2021 season.
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Davis spent four seasons (2013-2016) with the Kansas City Royals and won a World Series during that time, but he was shipped out of town in December 2016 in a deal with the Cubs. Holland saved 41 games last season before declining a $15 million player option and becoming a free agent.
Already in the 2018 offseason, they've snagged up Cleveland Indians stud Bryan Shaw, while resigning left-hander Jake McGee.
Of course, the move means righty Greg Holland will not return to Denver after posting 41 saves in 2017, not a tremendous loss since he exhausted out in the second half in his first year back from Tommy John surgery.
The Rockies signing Davis all but assures that the Cardinals will lock up Greg Holland as their next big move. However, the signing of Davis may change that. With eight appearances in the postseason, Davis did not give up a run, and nailed down the Royals victory in the World Series.
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