MLB Rumors: Wade Davis and the Colorado Rockies have agreed to a deal, according to Jeff Passan on Twitter. Davis, a free agent who was with the Chicago Cubs in 2017, and who previously had been with the Kansas City Royals since Kansas City acquired him from the Tampa Bay Rays in the fabled James Shields/Wil Myers trade, is considered the top free agent relief pitcher on the market.
The Rockies were a surprise playoff team in 2017, making the Wild Card Game (which they lost to the Arizona Diamondbacks), and have been viewed as a team looking to make some significant moves in the offseason. In addition, their 2017 closer, Greg Holland (also a former Royals reliever), is a free agent, which means they were in the market for someone to pitch the ninth.
Davis was one of the most dominant relievers in baseball from 2014-16, when he put up an aggregate 1.18 ERA and 1.89 FIP in 182.2 IP for Kansas City. The 32 year old wasn’t quite as dominant for the Cubs last season, putting up a 2.30 ERA and a 3.38 FIP, as well as giving up 3 runs (including 2 home runs) in 6.1 IP in the playoffs for Chicago, after having given up just 2 runs and 0 home runs in 25.1 career relief innings prior to that.
UPDATE -- Jeff Passan says it is a 3 year, $52 million deal, with a fourth year vesting option that would make it worth $66 million.
As a point of reference, in his predictions column, Jon Heyman had Davis getting 4 years, $72 million, while the anonymous expert said 4 years, $64 million.