Rockies Reporter On Arenado Deal: "Both Sides Needed This"

The Rockies signed Nolan Arenado to an eight-year $260 million deal Tuesday

After Hours With Amy Lawrence
February 27, 2019 - 9:33 am
Nolan Arenado Home Run Charlie Blackmon Colorado Rockies MLB

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The Colorado Rockies signed Nolan Arenado to an eight-year, $260 million deal Tuesday, locking up one of the best players in the game through 2026.

Why now?

“Because both sides really needed this deal,” Rockies reporter Thomas Harding said on After Hours with Amy Lawrence. “The Rockies are planning on building a team that continues to contend in the National League West, that continues to contend for a World Series – so you didn’t want this hanging over the team. As far as Nolan is concerned, you look at free agency out there, and it’s been very slow for Manny Machado and Bryce Harper, and Nolan would (have been) going into his age-29 season had he not signed this contract. So there were a couple of reasons to get this thing done.”

Machado, of course, signed a 10-year, $300 million with the Padres last week, which may have set the market for Arenado, a four-time All-Star and six-time Gold Glove winner.

“I don’t think it was a coincidence,” Harding said of the timing of the signing. “Machado being basically a third baseman, it just set the parameters for Nolan’s deal. Manny is a little bit younger than Nolan, so Nolan knew he wouldn’t get as many years, but I think what Manny did was set the parameters there and certainly the Rockies feel really good about Nolan and feel better about him, frankly, than anyone else would feel about Machado at this point.”

Arenado, 27, has 35+ home runs and 110+ RBIs in each of the last four seasons. He has spent his entire six-year career with the Rockies and will make $32.5 million annually.

“He’s their player, they came up with the money, and he got some terms that he liked,” Harding said. “I think both the Rockies and Nolan are very happy with this contract. Nolan Arenado got what he wanted, the Rockies got what they wanted, and it worked out quite well for them.”