The Colorado Rockies have made a big splash in the free agent market today, signing veteran Ian Desmond to a 5 year, $70 million deal, according to Ken Rosenthal of Fox Sports. The Rockies will forfeit the #11 overall pick in the 2017 Amateur draft as a result of Desmond having a qualifying offer attached to him. The pick will be the first unprotected pick in the draft, as the top 10 are exempt from forfeiture under the guidelines of the qualifying offer rules.
Desmond signed a 1 year deal with the Texas Rangers last offseason after a disappointing 2015 with the Washington Nationals. He rebounded in 2016, slashing .285/.335/.446 and hitting 22 HRs in 677 PAs with Texas, seemingly enough to convince the Rockies to bring the power-hitting shortstop to Colorado. According to Rosenthal, he's likely to play 1B and OF for the Rockies and should get the usual Coors Field boost to his batting figures in 2017.