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.
|Carey ton sends Strikers back top of BBL|
|Zidane still an idol for James despite ´sad´ Madrid exit|
|Stoger will stay at Dortmund if ´everything fits´|
|Nadal backs move for financial parity but silent on boycott talk|
|Stokes available for England selection, set for NZ return|
|Bordeaux´s Malcom facing disciplinary action over social media video|
|Debutant Ngidi hurries SA to series win as India crumble in Centurion|
|Eddie Jones signs new England contract|
|Ronaldinho retires – The greatest Brazilians to play for Barcelona|
|England setting the benchmark in ODIs, says Warner|
|Federer would be unreal at any sport - Shapovalov|
|Athletic reward Williams with contract until 2025|
|Nadal too good for Mayer at Australian Open|
|Jones taking unlikely inspiration from City in United´s title pursuit|
|I had one foot out of the Australian Open – Wozniacki revels in fightback|
|Beware the nearly beaten in Melbourne – Wozniacki could match Kerber, Li|
|Rallying Tsonga outlasts Shapovalov in five-set epic|
|Wozniacki saves two match points in dramatic Aus Open comeback|
|Kostyuk, 15, ready to spend after Melbourne run|
|Thomas turns down Celtics´ video tribute|
|Moyes unaware of Chelsea interest in Carroll|
|Verdi wants Bologna stay amid Napoli links|
|Ronaldinho retires – A shining light of Brazil´s 2002 World Cup-winning team|
|Ronaldinho retires – a World Cup and Ballon d´Or among Brazil great´s prizes|
|Celtics great White dead at 71|
|World Cup glory and Bernabeu magic - Ronaldinho´s best moments for Barca and Brazil|
|Trust the Process – 76ers only behind Warriors and Cavs in merchandise sales|
|Ligue 1 Review: Balotelli at the double as Payet shines and Malcom toils|
|Pato still dreaming of World Cup selection|
|FA Cup Review: Iheanacho makes VAR history, kit confusion reigns|
|Wallaby saves wallaby: Farr-Jones in Sydney Harbour Bridge rescue mission|
|2016-17 UEFA Study: PSG, Man City drive record-breaking spending|
|Conte packing in homework as Chelsea games stack up|
|2016-17 UEFA Study: The headlines in transfers, wages and revenues|
|2016-17 UEFA Study: Manchester United record highest revenue but largest debt|
|Monaco stay perfect, Murcia overcome Oldenburg|
|Iheanacho scores English football´s first VAR goal|
|Materazzi not surprised by Coutinho transfer fee|
|Ronaldinho retires - Brazil and Barca great plans 2018 farewell|
|Jags RB Leonard Fournette uninjured in three-car accident|
|India revenge would heal Proteas´ scars - Elgar|
|Koziello swaps Nice for Cologne|
|Simeone ready to unleash Costa and Vitolo alongside Griezmann|
|Head coach Cooper to leave Stade Francais|
|Silverwood plays down talk of replacing Bayliss|
|Lambert ´never thought´ he would return to Premier League|
|Wenger ´very aggressive´ towards referee Dean, says FA report|
|Reported Arsenal target Malcom starts for Bordeaux vs Caen|
|Valverde not making big deal of Dembele´s latest Barca blow|
|Costly day for Kohli as Proteas close in on series win|
|Date set for Afghanistan´s maiden Test|
|Returning McIlroy ready to end winless run|
|In-form Short leaves coach Kirsten needing dental treatment|
|Arsenal will have a ´hard time´ signing Malcom|
|Ronaldo and Madrid nominated for Laureus awards|
|Nantes´ Diego Carlos brands Chapron clash ´historic´|
|This is not important - Conte unconcerned if substitutions upset Hazard|
|Conte ´doesn´t think´ Chelsea have pursued Sanchez|
|Cobblestone climb part of 2019 Tour de France Grand Depart|
|Emery hints at Neymar return against Dijon|
|Joshua labels Parker claims ´fake news´|
|´Emotional´ Fleetwood honoured by Seve Ballesteros Award|
|Tears for Kvitova as Bouchard sets up Halep meeting|
|Mkhitaryan key to United-Sanchez deal, claims Raiola|
|WATCH: Sabalenka wins point using racquet throat|
|Federer, Djokovic and Zverev among Australian Open first-round winners|
|Kubica gets reserve role as Williams hire Sirotkin|
|Shambolic Stars out after Sixers thrashing|
|Wales pick uncapped Worcester wing Adams in Six Nations squad|
|Tevez: CSL spell was a holiday|