Rockies sign Oberg to 3-year extension reportedly worth $13M
The Colorado Rockies signed right-hander Scott Oberg to a three-year extension with a club option for 2023, the team announced Wednesday.
Oberg's new deal is reportedly worth $13 million, according to Ken Rosenthal of The Athletic.
The contract contains escalators that could increase the three-year total to $15 million and the four-year total - if the option is exercised - to $26 million, Rosenthal reports.
Scott Oberg 3 yrs $13M deal with #Rockies breakdown is 2020: $2M, 2021: $4M 2022:$7M 2023 club option can be anywhere from $8M-11M depending on escalators, which also could lift 2021-22 guarantees higher. Total max possible: 4 yrs, $26M.
— Joel Sherman (@Joelsherman1) December 11, 2019
Oberg authored a 2.25 ERA with a 9.3 K/9 rate and five saves over 49 appearances for the Rockies during the 2019 season.
The 29-year-old projects to start the 2020 campaign as Colorado's closer.