The Colorado Rockies have agreed a record deal with free-agent closer Wade Davis, the MLB franchise announced on Friday.
Davis, one of Colorado's primary targets this offseason, has signed a three-year deal that will pay the right-hander an average of $17.33million per year – a record for a reliever.
The 32-year-old is coming off a career-best season in his one year as the Chicago Cubs' closer, recording 32 saves with a 2.30 ERA and 12.1 K/9.
Over nine MLB seasons, primarily with the Tampa Bay Rays and the Kansas City Royals, he has 79 saves.
He is expected to take over as the Rockies' closer, a role occupied last season by former Royals team-mate Greg Holland as Colorado was the second wild card in the National League.
The average annual value of the deal surpasses the contract Aroldis Chapman signed with the New York Yankees that pays him $17.2m per season.
Friday's agreement totals $52m over three years and reportedly includes a fourth-year vesting option at $14m.
Whatever the contract's structure, it is another step in GM Jeff Bridich's bolstering of Colorado's bullpen.
The Rockies earlier this month added right-hander Bryan Shaw and then retained left-hander Jake McGee.
At that point, the Rockies also reportedly were close to re-signing Holland, a free agent who had 41 saves for them in a bounce-back 2017 season following Tommy John surgery.
|Arzani ready for Socceroos start against Peru – Skoko|
|Braves place closer Vizcaino on DL with right shoulder inflammation|
|West Indies hold slight edge against Sri Lanka|
|Don´t touch my Grizou – Pogba defends France team-mate|
|Yankees catcher Sanchez likely heading to DL|
|Messi is frustrated and hungry – Mascherano|
|Nainggolan the ´ninja´ Inter were missing, says Spalletti|
|Anthony fires back at Thunder fans unhappy he´s staying|
|MLS Review: New York City edge Toronto in Torrent´s first game|
|Watson shoots 63 to win Travelers for third victory of season|
|Iran contest not all about Ronaldo, insists Santos|
|Truex´s team use tricky strategy to win at Sonoma|
|World Cup 2018: England at home, Brazil´s party and exploding White Nights in St Petersburg|
|Pogba reveals ´issues´ with Mourinho|
|Mascherano plays down rumours of Sampaoli bust-up|
|Sweden winger Durmaz says racist abuse ´passed limit´|
|Morgan hails ´outstanding´ Buttler century|
|Paine to discuss ODI future after England whitewash|
|Cuper unsure of Egypt future as El Hadary nears milestone|
|Koepka ´shutting down´ until Carnoustie|
|Quintero and James plot Colombia´s way through uncharted territory|
|Federer upbeat despite shock Halle defeat|
|Journalists should round on Vettel - Verrstappen|
|Poland 0 Colombia 3: Falcao´s maiden World Cup goal revitalises Pekerman´s side|
|World Cup 2018: Cossack kids, Swan Lake and the Selecao in Rostov-on-Don|
|Maria takes maiden title in Mallorca|
|Hierro: I am 100 per cent the coach of Spain|
|Busquets recognises Iniesta´s burning ambition|
|Denmark v France: Tolisso hoping for second chance|
|Eight-try Wakefield hammer sorry Widnes|
|World Cup 2018: A panda, a tapir and a nightmare for Willy in Nizhny|
|Senegal´s Wague makes African history in World Cup|
|Cilic fights back to beat Djokovic in enthralling Queen´s final|
|Neymar and Suarez among players to send Messi birthday wishes|
|Strength of Senegal and Japan´s determination could trouble England and Belgium|
|Hamilton questions Vettel punishment after Bottas´ race ´destroyed´|
|Brilliant Buttler seals whitewash in Old Trafford thriller|
|World Cup 2018: An egg-and-spoon race, vodka and the Pogbas in Kazan|
|Queiroz tells his Iran players to follow the ´three Rs´ against Ronaldo and Portugal|
|Pizzi calm over Salah threat|
|Japan 2 Senegal 2: Honda gatecrashes Cisse´s party|
|Harden should be MVP ´hands down´, says World Peace|
|Southgate optimistic over Alli recovery for Belgium decider|
|Neymar´s tears no surprise to Fagner|
|Unhappy Renard continues ref rant|
|Wallace takes BMW International title despite Olesen 61|
|Hamilton cruises back to standings summit with France win|
|In-form Kvitova defends Birmingham title|
|Southgate responds to toughest England week in record-breaking style|
|Uruguay not thinking about Portugal or Spain, insists Cavani|
|Coric stuns Federer to claim title in Halle|
|England 6 Panama 1: Kane hat-trick sees Southgate´s side sail through|
|Australia v Peru: Juric keeping the faith as Socceroos chase unlikely last-16 spot|
|England surpass class of 1966 in Panama rout|
|Nigeria v Argentina: All eyes on Messi to rescue final World Cup chance|
|NSW seal Origin series with comeback win|
|World Cup 2018: Stalin´s bunker, a space museum and Serbian specials in Samara|
|Croatia looking out for number one - Lovren|
|Heritage at back of Australian minds ahead of potential Croatia encounter|
|It may be my last World Cup - ´Realistic´ Pogba determined to reign in Russia|
|Lionel Messi´s birthday: What might the Barcelona star wish for?|
|Russia readying Dzagoev for last-16 clash|
|Germany apologised for reaction aimed at Sweden bench|
|Picture this! Sterling starts for England against Panama|
|World Cup 2018: A Russian romp, Maradona and the party in Moscow|
|Happy birthday, Lionel Messi! 10 of the Argentina star´s best goals|
|Modric worthy of Ballon d´Or, says Lovren|
|Sigurdsson ready for Croatia reunion as Iceland go for broke|
|Iceland v Croatia: Dalic to rest stars for Hallgrimsson divorce hearing|
|Men´s tennis will have to ´wake up´ after Federer and Nadal, says King|