Rockies reach two-year deal with Justin Morneau

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This ultra-active day on the hot stove continues.

According to beat writer Troy Renck of the Denver Post, the Rockies are “closing in on” a two-year contract with free agent first baseman Justin Morneau. No word yet on the financial terms.

Morneau struggled mightily throughout the 2013 season, batting .259 with a .741 OPS in 127 games with the Twins and then .260 with a .681 OPS in 25 games with the Pirates after a late-summer trade. The Rockies will hope that the 32-year-old can return to his old offensive form and serve as a productive replacement for Todd Helton, who retired at the end of the regular season. Michael Cuddyer will presumably stay in right field, where he played 113 games in 2013.

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UPDATE, 10:53 p.m. ET: The two sides have officially agreed to terms, according to CBS Sports’ Jon Heyman. Morneau’s two-year contract with the Rockies will be worth about $13 million total.

Giancarlo Stanton to make return from IL this week

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Per The Athletic’s Lindsey Adler, Yankees manager Aaron Boone said outfielder Giancarlo Stanton may be activated from the injured list on Wednesday. Stanton will “certainly” be activated on Thursday.

Stanton, 29, has appeared in all of nine games this season due to knee and calf injuries. The calf injury struck first during the opening week of the season. He wouldn’t return until June 18, then played in a whopping six games before a strained PCL in his right knee sent him back on the IL. But if there was ever a time for Stanton to make his triumphant return, it’s right before what the Yankees hope is a deep postseason run.

In the nine games Stanton has appeared in this season, spanning 38 trips to the plate, he has hit .290/.421/.419 with a double, a homer, seven RBI, and four runs scored.