AP source: Desmond, Rockies agree to $70M, 5-year contract

OXON HILL, Md. (AP) All-Star free agent outfielder Ian Desmond and the Colorado Rockies have agreed to a $70 million, five-year contract, a person familiar with the negotiations told The Associated Press.

The person spoke on condition of anonymity Wednesday because the agreement had not been announced.

A versatile 31-year-old, Desmond hit .285 with 22 homers and 86 RBIs this year in his lone season with Texas, earning his first All-Star trip since 2012. He played shortstop from 2011-15, then was shifted to the outfield by the Rangers. Colorado may move him to first base.

Desmond gets $8 million next year, $22 million in 2018, $15 million in each of the following two seasons and $8 million in 2021. Colorado has a $15 million option for 2022 with a $2 million buyout.

He gets a $1 million assignment bonus if traded, and if dealt he then would have a full no-trade provision that would allow him to block subsequent trades.

Desmond was a free agent last offseason and agreed to an $8 million, one-year deal with the Rangers in late February after turning down Washington's $15.8 million qualifying offer.

The Washington Post reported in November 2014 he turned down a $107 million, seven-year offer from the Nationals before spring training that year. Desmond agreed to a $17.5 million, two-year contract with Washington, then became a free agent.

With the new deal, he will wind up earning $95.5 million over those seven years.

Because Desmond turned down the Rangers' $17.2 million qualifying offer last month, Texas receives an extra selection after the first round of June's amateur draft. The Rockies lose their top draft pick, the 11th selection overall.

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide—from Peter King, Tom Verducci, Lee Jenkins, Andy Staples, Grant Wahl, and more—delivered straight to you, along with up-to-the-minute news and live scores.