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Posted: Monday November 29, 2010 10:04PM ; Updated: Tuesday November 30, 2010 9:30AM

Rockies hand All-Star Tulowitzki six-year, $120 million extension

Story Highlights

Troy Tulowitzki has three years left on his current six-year, $31 million deal

The shortstop's new deal will run through 2020 and be worth about $160 million

The Rockies also re-signed Jorge de la Rosa to a three-year, $32 million deal

By Jon Heyman, SI.com

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Troy Tulowitzki
Troy Tulowitzki hit a career-best .315 with 27 home runs, 95 RBIs and 11 stolen bases in 2010.
Dustin Bradford/Icon SMI
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The Rockies and All-Star shortstop Troy Tulowitzki have agreed on a six-year contract extension worth about $120 million, SI.com has confirmed.

The Rockies also agreed to pick up Tulowitzki's $15 million option for 2014 on top of the three years he already was guaranteed, making it a 10-year contract. With the extension, Tulowitzki's total contract value is close to $160 million.

MLB.com and the Denver Post first reported that Tulowitzki had agreed in principle to an extension that would keep him under contract with Colorado for another decade. The Rockies have scheduled a news conference for Tuesday.

Tulowitzki has three years left on his current six-year, $31 million contract; he's due to make $5.5 million next season, $8.5 million in 2012 and $10 million in 2013. His new deal is the second-largest contract in Colorado history behind Todd Helton's nine-year, $141.5 million deal.

Tulowitzki, 26, won his first Gold Glove and NL Silver Slugger awards this year, when he hit .315 with 27 homers and 95 RBIs despite missing 33 games with a broken wrist.

He finished fifth in the National League MVP voting behind Reds first baseman Joey Votto, Cardinals first baseman Albert Pujols, Rockies outfielder Carlos Gonzalez and Padres first baseman Adrian Gonzalez.

The Rockies also reached an agreement -- pending a physical -- with left-handed starter Jorge de la Rosa on a three-year, $32 million deal, with the third year a player option and the fourth year a team option. The Nationals, Orioles and Pirates had all expressed interest in him.

The 29-year-old De la Rosa, the No. 2 starter in the rotation behind Ubaldo Jimenez, went 8-7 with a 4.22 ERA in 20 starts for the Rockies last year. He missed more than two months last season because of a torn tendon in the middle finger of his pitching hand. In three seasons with Colorado, he's 34-24 with a 4.49 ERA.

The Associated Press contributed to this story.

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