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Nolan Arenado signs 2-year, $29.5 million deal with Rockies, avoids arbitration

The deal leaves the Rockies third baseman with one year of arbitration remaining for the 2019 season

Patrick Saunders of The Denver Post
PUBLISHED: | UPDATED:
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Rockies all-star third baseman Nolan Arenado became a very wealthy young man Friday when he signed a two-year contract worth $29.5 million, avoiding salary arbitration.

“I’m just happy to be over this, to be honest with you,” said Arenado, who will make $11.75 million in 2017 and $17.75 million in 2018. “Money is one of my least-favorite topics, and I don’t like talking about it, so itap nice to get it over with. I’m just happy that it worked out for both sides.”

The Rockies also avoided arbitration with center fielder Charlie Blackmon and right-handed starter Tyler Chatwood, signing them to one-year contracts. Blackmon will get $7.3 million, up from the $3.5 million he made in 2016. Chatwood gets a raise from $1 million to $4.4 million.

Arenado, in the majors and bashed 83 home runs over the last two seasons, is a tough self-critic but said his new contract will not put more pressure on him to play well.

“Money doesn’t do anything; I’m going to be putting pressure on myself because I want to be the best and be good at this game,” Arenado said. “I take pride in it. I don’t like to let the fans down, and I don’t like to let my teammates down. That’s why I’m my hardest critic.”

His new contract leaves Arenado with one year of arbitration remaining for the 2019 season, after which he is scheduled to become a free agent. There was never any real discussion about a long-term deal, or even a three-year deal that would have taken Arenado through his final year of arbitration.

“The topic has really not come up as of late,” Arenado said. “I’m locked up for two years, and our focus was on that. Honestly, I think the (Rockies’) focus is on pitching, and I think it should be. I am here for another three years … So I think the concern is getting the team better in different categories. Maybe one day we can get back to this and work something out. … Right now, we are focused on winning and other things, and that’s OK.”

Arenado’s agent, Joel Wolfe, said: “Nolan earned his contract, and the club treated him right.”

Rockies general manager Jeff Bridich said negotiations went smoothly.

“Over a couple days, each side kind of thought about it, without going into any specifics, and then we were able to quickly get things done (Friday),” Bridich said. “I felt like this was a good deal for him and a good deal for us. We are excited for Nolan.”

Footnotes. The Rockies are done signing all of their arbitration-eligible players. Earlier in the offseason, the club finalized one-year deals with relievers Jake McGee ($5.9 million) and Jordan Lyles ($3.18 million). … The Rockies on Friday signed veteran outfielder Chris Denorfia to a minor-league contract with an invitation to major-league camp. The right-handed Denorfia, 36, played for new Rockies manager Bud Black with San Diego from 2010-14. … Jerry Weinstein, who has been in college and professional baseball since 1966 and is managing Team Israel for the 2017 World Baseball Classic, has been named manager of the Double-A Hartford (Conn.) Yard Goats. Weinstein, 73, is beginning his 11th season in the Rockies’ system.

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