Troy Tulowitzki finally has been traded.
The Colorado Rockies on Monday night dealt Tulo and LaTroy Hawkins to the Toronto Blue Jays on Monday night in exchange for Jose Reyes and minor leaguers. The trade ends years of speculation and rumors about the Rockies potentially trading their franchise player.
FOX MLB reporter Ken Rosenthal adds more details about the trade:
Tulowitzki will receive a $2M assignment bonus for being traded and his contract converts to include full no-trade clause from here on out.
— Ken Rosenthal (@Ken_Rosenthal) July 28, 2015
Tulo went 0-for-5 with an RBI in Monday’s loss to the Cubs. He is batting .300 with 19 doubles, 12 home runs, and an .818 OPS this season.
Tulowitzki, a five-time All-Star, signed a 10-year, $157.75 million contract extension with the Rockies in Nov. 2010. He is owed $20 million annually through 2019, $14 million in 2020, and there is a club option at $15 million for 2021. Reyes is owed $22 million annually for the next two seasons and has a $4 million buyout for 2018.
The Jays are hoping that Tulo will be able to help their wild card push. They are currently .500 and three games out of the second wild card spot in the AL. The Rockies meanwhile have one of the worst records in baseball. They are shedding a long-term financial commitment for a player who is owed $48 million guaranteed, so that saves them some money on future payrolls. The full evaluation of the trade depends on which players they get back in return.
