Source: Wade Davis agrees to 3-year, $52M deal with Rockies

Right-handed reliever Wade Davis, who saved 32 games for the Chicago Cubs last season, has agreed to a deal with the Colorado Rockies, a source told ESPN’s Jerry Crasnick, confirming multiple reports.

Davis’s agreement is for 3 years, $52 million, a source told Crasnick. The contract includes a vesting player option that can increase the value to 4 years, $66 million if Davis finishes 30 games in 2020 and picks up his option, a source said.

Davis had a near perfect season as a closer in 2017, blowing a save opportunity for the first time late in September. He set a career high in saves while sporting a nifty 2.30 ERA.

Davis reached free agency after three solid years as a closer, two with Kansas City and the last with the Cubs. The former starter is often credited with still pitching with a starter’s mentality as he’ll use his breaking stuff to set up his fastball as much as the other way around.

Like many closers, he often walked a tightrope but rarely gave in. Also, like many top closers, he proved capable of going multiple innings in a playoff situation though sometimes with mixed results.

Davis’s agreement with the Rockies was first reported by Yahoo! Sports.

Information from ESPN’s Jesse Rogers was used in this report.

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