UPDATE: Rockies close to three-year deal with Jorge De La Rosa

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UPDATE: According to Ken Rosenthal of FOXSports.com, De La Rosa will receive $32-33 million from the Rockies, essentially matching the three-year contract Ted Lilly got with the Dodgers.

11:07 PM: It’s a busy evening for the Rockies. Not only are they about to lock up their star shortstop, but they are close to retaining a key piece of their starting rotation.

According to Ken Rosenthal of FOXSports.com, the Rockies are close to a three-year contract with Jorge De La Rosa. Jon Heyman of SI.com hears that the deal is “believed to be worth” $30 million over the three years. De La Rosa was reportedly seeking a four-year contract at minimum, so if true, Rockies general manager Dan O’Dowd did well to hold firm at three years guaranteed.

It’s mildly surprising that De La Rosa is willing to sign so quickly, as many saw him as a fallback option for the teams involved in the bidding for Cliff Lee. The 29-year-old left-hander was regarded as the second best starting pitcher available this winter, but that isn’t saying much, really. His 4.22 ERA this past season was the best of his career and he still averaged 4.1 BB/9. De La Rosa has evolved into a fine mid-rotation starter in Colorado, but he never deserved to be paid like an ace.

Fox, MLB sign broadcast rights extension through 2028

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FOX Sports and Major League Baseball announced a few minutes ago that they have agreed to a multi-year broadcast rights extension. The deal keeps Fox as the lead MLB rights holder, and home of the World Series, All-Star Game and a good chunk of the playoffs through at least 2028.

While the press release does not announce the financial terms, Bob Nightengale of USA Today is reporting that it will pay Major League Baseball about 30-40% more than the previous contract. While ratings are not what they used to be, it would seem that the eyeballs Fox is getting are more valuable to it.

UPDATE: That bump is actually even bigger:

For the time being, things will look very much like they do now. Starting in 2022, there will be more games broadcast. There are no specifics about how many more. The release says “FOX Sports will also expand its digital rights,” but again, no specifics on what that means, exactly.

FOX Sports has been a baseball rights-holder since 1996 and has been the exclusive national non-cable rights holder since 2001. That’s gonna continue for at least another decade.