Rockies hope to re-sign Jeff Francis after declining $7 million option for 2011

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Jeff Francis’ four-year, $13.25 million contract signed in November of 2006 includes a $7 million option for 2011 that the Rockies are all but guaranteed to decline, but Troy Renck of the Denver Post reports that they’ll likely try to re-sign Francis at a lesser salary.
Francis missed all of last season following shoulder surgery and struggled down the stretch this year after returning to the rotation in May, finishing with a 5.00 ERA in 104.1 innings. However, his 67/23 K/BB ratio was actually pretty solid and Francis posted a career-high ground-ball rate of 47 percent while returning to his pre-surgery velocity levels.
His agent, Jim Lindell, said that Francis would like to re-sign with the Rockies “if everything’s equal.” In other words, if no other teams want to give him a multi-year deal with a bunch of guaranteed money, he’ll probably be fine returning to Colorado for something incentive-laden.