Surprisingly, the Colorado Rockies and third baseman Nolan Arenado agreed to a one-year deal to avoid arbitration on Thursday afternoon.
Patrick Saunders of The Denver Post was the first to report that the deal would be worth $26 million.
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Originally, the Rockies proposed $24 million and Arenado and his agency, the Wasserman Group, proposed $30 million, a difference of $6 million. However, Arenado and his agency came a little bit closer to the Rockies proposal as they went down $4 million as the Rockies only went up $2 million from their offer.
It was reported by Saunders recently that the Rockies and Arenado were likely to go arbitration in this article. That’s part of the reason why it seemed like a foregone conclusion to many that the Rockies and Arenado would go to arbitration. If they had actually gone to arbitration, the hearing would have likely been held early next week. Some hearings started this week as the Houston Astros started their hearing with their shortstop Carlos Correa today, according to Jake Kaplan of The Athletic.
I think that it is excellent that the Colorado Rockies and Nolan Arenado agreed to a deal. It eliminates some of the messy situation that could evolve between the two sides arguing in a hearing. While baseball is certainly a business, there is a lot to be said for making sure your All-Star third baseman doesn’t need to hear all of the reasons why you think he doesn’t deserve to earn more money.
The number is a record deal … and Arenado certainly deserves it. However, this also sets the table for what will be an interesting year coming up as Arenado looks to see what the Rockies will offer him to stay past the 2019 campaign.