Colorado Rockies: 2020 arbitration deadline day news (updated)

DENVER, COLORADO - JUNE 30: David Dahl #26 of the Colorado Rockies hits a 3 RBI home run in the fifth inning against the Los Angeles Dodgers at Coors Field on June 30, 2019 in Denver, Colorado. (Photo by Matthew Stockman/Getty Images)
DENVER, COLORADO - JUNE 30: David Dahl #26 of the Colorado Rockies hits a 3 RBI home run in the fifth inning against the Los Angeles Dodgers at Coors Field on June 30, 2019 in Denver, Colorado. (Photo by Matthew Stockman/Getty Images) /
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For the Colorado Rockies (and the rest of Major League Baseball), Friday is an important day in the offseason.

The Colorado Rockies and every other MLB team have a deadline of today at 10 a.m. Mountain time to submit and exchange salary figures with those players who are arbitration-eligible.

This year, Colorado has six players who are eligible for arbitration. Those six include Trevor Story, the All-Star shortstop who MLBTradeRumors.com has projected to get a sizable salary increase in 2020. This article projects him to jump from $5 million last season to $11.5 million in 2020.

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Also an interesting person to watch today will be Jon Gray, who is expected to nearly double his 2019 salary and earn $5.6 million this season.

Joining Story and Gray as arbitration-eligible players are David Dahl (projected $3 million), Carlos Estevez (projected $1.2 million), Kyle Freeland (projected $2.4 million) and Tony Wolters (projected $2 million).

Scott Oberg was also arbitration-eligible but Colorado made their biggest splash of the 2019 Winter Meetings by extending Oberg’s contract with a three-year, $13 million deal. The agreement also included an $8 million club option for the 2023 season.

While the Rockies have been widely criticized for their inactivity this season, these raises are factoring into the payroll situation and process for 2020. Coming off a season with a club-record $156.6 million payroll, Colorado executives were adamant in the offseason that the team would not make “some great big splash” in the offseason.

Next. Jeff Bridich on the expectations for Daniel Murphy in 2020. dark

We expect news about the negotiations to trickle in throughout the day so make sure you are refreshing this page for the latest information. We will provide updates as we get them below.

All times listed below are Mountain

9:55 a.m. — Five minutes before deadline and no official news yet. There have been updates from other teams but nothing from the Rockies.

10:15 a.m. — Still quiet but we expect figures to start being revealed shortly.

11:10 a.m. — No news on the Rockies yet but Red Sox outfielder Mookie Betts got $27 million to avoid arbitration. That breaks Nolan Arenado’s arbitration salary for the all-time record.

11:18 a.m. — Robert Murray, formerly of The Athletic, reports that the Rockies have settled with Carlos Estevez for $1.08 million.

12:40 p.m. — Jon Heyman of MLB Network reports that David Dahl avoided arbitration by settling at $2.475 million. MLBTR projected him getting $3 million.

2:10 p.m. — Mark Feinsand of MLB.com is reporting that the Rockies and Kyle Freeland have avoided arbitration by agreeing to a deal for $2.875 million. MLBTR projected a salary of $2.4 million for him.

5:40 p.m. — Jon Heyman reports that Jon Gray avoided arbitration as he agreed to a $5.6 million contract, which is exactly what MLBTR projected. The Rockies tweeted that they have avoided arbitration with all of the players named above. Trevor Story and Tony Wolters will likely head to arbitration.