The Rockies committed more than $150 million Monday to keep shortstop Troy Tulowitzki and left-hander Jorge de la Rosa in Colorado for the long haul.
The Denver Post was the first to report that the Rockies finalized a seven-year, $134 million extension with Tulowitzki that runs through the 2020 season and that they also have a deal in principle to keep the free agent de la Rosa on a two-year deal that could run to four years with a pair of options.
Tulowitzki's deal was officially announced at a 4 p.m. ET Tuesday news conference that should serve only to reinforce the notion that the 26-year-old has become the face of the franchise. The value of his new contract trails only the previous holder of that mantle, Todd Helton, whose nine-year, $141.5 million deal wraps up next season.
The new agreement piggybacks on the six-year, $31 million deal Tulowitzki signed after his 2007 rookie campaign, which at the time was the largest ever for a player with less than two years of major league service. Tulowitzki will make $5.5 million in 2011 under the terms of that contract.
De La Rosa made $5.6 million in 2010 in his final year of arbitration eligibility and will get quite a bump after going 8-7 with a 4.22 ERA in 20 starts. His new deal guarantees him $21.5 million over the next two seasons. It also includes a player option for 2013 and, if that is exercised, a team option for 2014.
The 29-year-old lefty had drawn interest from several teams as a potential second-tier option on the free agent market but ultimately chose to stay in Colorado.
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