Rockies Secure Future with Tovar's $63.5M Seven-Year Deal
March 27, 2024The Colorado Rockies have committed to a long-term deal with young shortstop Ezequiel Tovar, signing a $63.5 million contract over seven years.
The agreement includes a team option for an eighth year, which could increase the total value to $84 million.
Ezequiel Tovar, at just 22 years old, is set to receive a $1.5 million signing bonus, with a salary that escalates each subsequent year.
Rockies' GM Bill Schmidt has identified Tovar as a key player for the franchise, highlighting his status as one of the best in his position.
With a record-setting rookie year behind him, Tovar's new contract overwrites a prior one-year deal, signaling the Rockies' high expectations for his future performance.
Summary based on 2 sources
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Sources
ESPN • Mar 26, 2024
Rockies, SS Ezequiel Tovar agree to 7-year, $63.5M extension - ESPNNBC Sports • Mar 26, 2024
Ezequiel Tovar and Colorado Rockies finalize 7-year, $63.5 million contract - NBC Sports