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.
|Pastore lands in Italy as Roma move edges closer|
|Zimbabwe quartet to miss tri-series amid pay dispute|
|Saudi Arabia 2 Egypt 1: Last-gasp Al Dawsari earns consolation win|
|Suarez and battle-hardened Uruguay expose Russia´s limitations|
|Uruguay 3 Russia 0: Suarez & Cavani strike as hosts miss out on top spot|
|Hareide says France criticism was taken out of context|
|Idowu wants to make it Messi´s World Cup farewell|
|Outgoing Nagelsmann still has Hoffenheim´s trust|
|Mexico v Sweden: Osorio´s rehabilitation relieves Ochoa|
|World Cup´s oldest player El Hadary saves penalty for Egypt|
|Umar Akmal faces anti-corruption unit after making spot-fixing claims|
|This will not be Pogba´s last World Cup - Deschamps|
|South Korea v Germany: Reus and Werner wary of pace and Son|
|Alderweireld aims to earn his Spurs against in-form Kane|
|Serbia v Brazil: Mitrovic ready to inflict World Cup agony on Brazil|
|Debuchy signs three-year Saint-Etienne deal|
|France won´t be extra motivated by Hareide barbs - Deschamps|
|Ryans descend on Russia - Socceroos keeper reveals 27 family members at World Cup|
|Alonso hopes French GP result was a one-off for McLaren|
|Messi ´not guilty of anything´, insists Maradona|
|Egypt keeper El Hadary makes history as World Cup´s oldest player|
|Guerrero to give Jedinak ´big hug´ for help battling ban|
|Eurovision and World Cup glory in the sights of eternal optimists Iceland|
|As long as we win, I don´t care who scores - Werner relishing World Cup experience|
|Wigan head coach to switch codes after being handed Scottish Rugby role|
|Switzerland v Costa Rica: Lang shrugs off Shaqiri controversy|
|Runners and Ryders: Watson jumps two places, Casey into automatic spot|
|Fekir offered contract extension, reveals Lyon president|
|Which F1 races has Lewis Hamilton not won?|
|Return to Sevilla would be a dream, says Layun|
|Paine: Don´t write off Australia´s World Cup defence|
|Gareca: My Peru future? I´ll give an answer soon|
|Bayern Munich´s Friedl to see out loan deal at Werder Bremen|
|Hooper out for at least a month, Folau set for hearing|
|Skoko backs former team-mate Dalic to take Croatia ´quite a way´ at World Cup|
|If Iceland go forward, we will go forward - Lada replaces longboat in Norse odyssey|
|Morata ´too expensive´ for Dortmund - Zorc|
|Hearn questions ´deluded´ Wilder´s desire for Joshua fight|
|Belgium game a ´perfect dress rehearsal´ for England, insists Carragher|
|World Cup permutations: How can Argentina qualify for last 16?|
|Bulldogs playmaker Foran out for season|
|RFU chairman offering no guarantees over Jones future|
|Algeria looking for new coach after parting ways with Madjer|
|Cahill still has something to offer Australia - Bosnich|
|Fear has discouraged Danes from travelling to Russia, says Sorensen|
|Reds rally to complete four-game sweep of Cubs|
|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|