Monday, January 17, 2011

Busy Monday in Colorado

The Colorado Rockies have had a busy off season, and that continued on Monday with another surprising re-signing and a new deal for a reliever they acquired last month.

The Rockies official Twitter feed reported a little after noon that the Rockies were bringing back 1B Jason Giambi on a minor league deal. Jon Heyman added that if Giambi makes the Rockies opening day roster, he'll be guaranteed $1 million.

Before people get too excited, that's a very unlikely scenario. Barring a Todd Helton injury in spring training, this is simply an insurance move and a favor to Giambi, who was nothing short of outstanding in his role as a pinch-hitter and mentor for the Rockies the past season and one month.

However, this move could benefit Colorado a little more if Giambi performs well in the spring and allows them to move him to the American League for a minor piece that helps their 2011 cause or a low-end prospect.

It's really a low risk move with absolutely zero downside. If he doesn't fit (most likely scenario) or doesn't play well, you let him walk and lose nothing.

The other reported signing, a two-year deal with reliever Matt Lindstrom with an option for 2013, has a little more risk involved. Lindstrom was acquired from Houston last month to improve the bullpen depth and give them another experienced late inning option.

The new deal covers Lindstrom's final two arbitration years, along with the option to retain him in his first free agent year.

This is obviously an attempt by the Rockies to achieve stability in their bullpen the next two years. The risk there is the possibility for chaos if one or two of these guys locked in beyond 2011 falter this season.

We'll see what happens in this particular case. Lindstrom is coming off a down year and there a number of concerns surrounding his health and his command.

Who knows, we may have more Rockies news by the end of the day. Stay tuned.