Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects

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The Blue Jays have pulled off a stunner, as FOX Sports’ Ken Rosenthal reports that that they have acquired five-time All-Star Troy Tulowitzki from the Rockies. Jose Reyes and a package of minor leaguers are headed back to Colorado while LaTroy Hawkins is also being sent to Toronto. No word yet on the financial details involved.

While many expected the Blue Jays to make a big splash for a pitcher, they apparently decided to strengthen what was already the best offense in the majors. After coming back from hip surgery, Tulowitzki has managed to stay healthy this season while batting .300/.348/.471 with 12 home runs and 53 RBI over 87 games. It was reported over the weekend that the Mets inquired on Tulowitzki only to find that the Rockies weren’t motivated to move their face of the franchise, but the Blue Jays obviously changed their thinking on the matter.

Tulowitzki receives a $2 million assignment bonus for being traded and is owed $100 million through 2020. His contract also includes a $15 million club option for 2021. He was only permitted to be traded once during his contract, so he now has a full no-trade clause.

Reyes would appear to be a strange fit for the Rockies, who have prospect Trevor Story at Triple-A and should be focused on rebuilding as opposed to acquiring players on the wrong side of 30 years old. Unless getting out from Tulowitzki’s contract was a major motivation behind the deal. For what it’s worth, FOX Sports’ Jon Morosi hears that Reyes is likely to be flipped to another team. Either way, this is the second time Reyes has been traded since signing his six-year, $106 million deal with the Marlins in December of 2011. The 32-year-old still has two years at $22 million remaining on the deal and a $22 million club option or $4 million buyout for 2018.

UPDATE, 1:37 a.m. ET: Jon Heyman of CBS Sports reports that right-hander Miguel Castro is one of the prospects headed to Colorado, confirming buzz from FOX Sports’ Jon Morosi.

UPDATE: The Toronto Sun’s Bob Elliot reported that the Rockies are also getting right-hander Jeff Hoffman, the Jays’ first-round pick in 2014. So at least the Rockies are coming away with two of Toronto’s best young arms.

Report: Pirates sign Felipe Rivero to four-year contract extension

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Ken Rosenthal of The Athletic reports that the Pirates will sign reliever Felipe Rivero to a four-year contract extension that includes two club options. The total value of the deal is believed to be $22 million and each club option is worth $10 million.

Rivero, 26, did not come to an agreement with the Pirates to avoid arbitration in his first year of eligibility ahead of last Friday’s deadline. He requested a $2.9 million salary for the 2018 season while the Pirates countered at $2.4 million. This extension will cover all four years of Rivero’s arbitration eligibility and the two club options can cover his first two years of free agency as well.

Rivero was one of baseball’s best relievers last season, finishing with 21 saves, a 1.67 ERA, and an 88/20 K/BB ratio in 75 1/3 innings. The Pirates acquired him from the Nationals along with minor leaguer Taylor Hearn ahead of the 2016 non-waiver trade deadline in the Mark Melancon deal.

Presumably, Rivero’s extension was in the works before he knew anything about the Andrew McCutchen trade. He made a couple of tweets following this afternoon’s news. In one, he used only the “facepalm” emoji. The other was a .gif of The Office character Jim Halpert yelling, “What is going on?”