The Rockies extend Todd Helton for two years

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Todd Helton was already locked up for $16.6 million this year and $19.1 million next year with an insane $23 million option for 2012, but the Rockies felt it necessary to extend his contract all the same.  He’s now locked up for 2012 and given a contract for 2013. Financial details were not released, but the club did say that they were deferring a portion of the money over ten years beginning in 2014.

While more money to Todd Helton may not be the best baseball move, he’s insanely popular in Colorado. The deferral of dough avoids the team having to make a smart-but-unpopular decision regarding Helton’s overpriced 2012 option too.

You don’t do this sort of thing with just any player, but every team is probably allowed one or two silly contracts in the interests of loyalty, PR, good will and things like that. Helton is that guy for the Rockies.

Red Sox re-sign Mitch Moreland to two-year deal

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The Red Sox have re-signed first baseman Mitch Moreland to a two-year contract, the club announced on Monday. According to Evan Drellich of NBC Sports Boston, the total value of the deal is $13 million and Moreland can earn more through performance incentives.

Moreland, 32, hit .246/.326/.443 with 22 home runs and 79 RBI in 576 plate appearances with the Red Sox in 2017. With Moreland back in the fold, the Red Sox are out of the running for free agent Eric Hosmer.

While Moreland doesn’t have the best bat among first basemen, he plays good defense. His return also means the Red Sox can safely stow Hanley Ramirez back in the DH role.