Report: Rockies and pitcher German Marquez agree to contract extension

The Colorado Rockies like what they’ve seen from pitcher German Marquez. On Tuesday, they reportedly agreed to a five-year contract extension.

Ken Rosenthal of The Athletic and ESPN’s Jeff Passan reported the terms of the deal.

Source confirms: #Rockies agree left-hander German Márquez on five-year, $43M contract from 2019 to ‘23. Deal includes $1M bonus if Márquez is traded and escalators if he wins Cy Young – $1M in the fifth year and option year for first-place finish, $500K for 2nd through 5th.

— Ken Rosenthal (@Ken_Rosenthal) April 2, 2019

Starter Germán Márquez and the Colorado Rockies are in agreement on a five-year, $43M contract extension, pending a physical, league sources with knowledge of the deal tell ESPN. It includes a club option that can vest into a mutual option if he has two top-3 Cy Young finishes.

— Jeff Passan (@JeffPassan) April 2, 2019

This contract shows a real commitment to pitching, something that the Rockies have not always had. It’s a real step in the right direction.

Marquez, the 24-year-old right-hander, had a breakout campaign for the Rockies in 2018.

Last season, he posted a 3.77 ERA, 1.20 WHIP, and struck out 230 hitters in 196 innings. He was especially strong after the All-Star break, putting up a 2.61 ERA and 1.00 WHIP while striking out 124 hitters in 93 innings.

Those numbers must be viewed even better when we remember that Coors Field is his home stadium.