Rockies hand All-Star Tulowitzki six-year, $120 million extension

[madinmaryland]

The Rockies and All-Star shortstop Troy Tulowitzki have agreed on a six-year contract extension worth about $120 million, SI.com has confirmed.

The Rockies also agreed to pick up Tulowitzki's $15 million option for 2014 on top of the three years he already was guaranteed, making it a 10-year contract. With the extension, Tulowitzki's total contract value is close to $160 million.

MLB.com and the Denver Post first reported that Tulowitzki had agreed in principle to an extension that would keep him under contract with Colorado for another decade. The Rockies have scheduled a news conference for Tuesday.

Tulowitzki has three years left on his current six-year, $31 million contract; he's due to make $5.5 million next season, $8.5 million in 2012 and $10 million in 2013. His new deal is the second-largest contract in Colorado history behind Todd Helton's nine-year, $141.5 million deal.

Read more: http://sportsillustrated.cnn.com/2010/baseball/mlb/11/29/rockies.tulowitzki/index.html

[charlie and algernon]

1. betcha all $120 million that Jeter's agent brings up this contract with the Yankees

That loud noise you heard in NYC was the Yankee Brass screaming "FUCK!"

[Upton]

2. Good..

let them tie up more of their money in another hitter like Tulowitzki. While continuing to ignore their most pressing need, which is pitching.

[Auggie]

3. Obviously building that offense around Tulo...

I agree with you Upton. Good.

[JonLP24]

4. I'm glad they kept Tulo

If they didn't keep him, the Rockies would probably be worse team. It says 10 years. Why can't they pick up pitching as well in those 10 years?

[wilt the stilt]

5. they kept him and let halliday go

Tulo is a stud and they made the decision that this is their guy. Denver is a good sports town.