According to Troy E. Renck of the Denver Post, the Rockies have signed closer Manny Corpas to a four-year deal with two option years. The options cover his last year of arbitration and first of free agency. $8MM is guaranteed, with potential for $22MM. Renck has the details here. It’s definitely a team-friendly contract. The Rox have also locked up youngsters Troy Tulowitzki and Jeff Francis. Garrett Atkins and Brad Hawpe are currently going year-to-year.
There has never been a deal of this kind, a closer with less than two years service time signing for four years. Closers like Jonathan Papelbon and Matt Capps, also possibilities for long-term deals, have two years service time.