UPDATE: Rockies close to ten-year extension with Troy Tulowitzki

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UPDATE: Final word on this for the night. Tracy Ringolsby hears that Tulowitzki will receive $157.75 million over the length of the contract. This includes $23.75 million for the final three guaranteed years remaining on his current deal, his $15 million option for 2014 and $119 million for six new years.

10:35 PM: According to Jon Heyman of SI.com, the six-year extension is “believed to be worth” $120 million, bringing the entire package to around $160 million.

10:05 PM: We thought Cliff Lee or Carl Crawford would sign the biggest deal of the winter, but it turns out that honor may go to Troy Tulowitzki.

According to a report first passed along by Keith Law of ESPN.com and confirmed by Buster Olney of ESPN.com, the Rockies are nearing a contract extension with Tulowitzki that may be for as long as ten years.

Tulowitzki, who turned 26 last month, is in the middle of a six-year, $31 million contract that runs through 2013 and includes a $15 million club option for 2014. According to Jon Heyman of SI.com, the Rockies would pick up the option in the new deal and add six years to the contract.

Tulowtizki batted .315/.381/.568 with 27 homers, 95 RBI and a 949 OPS this past season while winning his first Gold Glove and being named to the All-Star team for the first time. The reported extension would take Tulowitzki through his age-35 season and quite possibly top Todd Helton’s nine-year, $141.5 million deal as the richest in franchise history. Stay tuned.

Astros assistant GM Mike Elias reported to be next Orioles general manager

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Bob Nightengale of USA Today reports that Astros assistant GM Mike Elias will be the new general manager of the Orioles “barring a change of heart.”

Elias, 35, has been the Astros’ assistant general manager since August 2016. He had previously served as Houston’s scouting director and, before that, as a scout for the Cardinals. He was part of the team that came over from the Cardinals when Jeff Luhnow joined the Astros.

If he does take the O’s job his work will certainly be cut out for him. Baltimore was historically bad in 2018, finishing 47-115 thanks to a roster full of expensive, past-their-prime players and an underdeveloped farm system. He’ll have to hit the ground running too, as he’ll not join the team until nearly two months into the club’s offseason, having had no time to assess its needs and personnel. Oh, and the Winter Meetings begin in a little over three weeks.