Rockies sign Towers to one-year deal
Rockies general manager Dan O'Dowd has a common refrain when asked about his pitching staff: There's never enough depth. To provide insurance and create competition, the Rockies signed right-hander Josh Towers today to a one-year deal worth a guaranteed $400,000 with a mutual option for 2009 at $3 million, according to contract information obtained by The Denver Post.
The Rockies have liked Towers since July, when they considered acquiring him from the Toronto Blue Jays. He went 5-10 with a 5.38 in 25 games for the Blue Jays last season, including 15 starts, explaining why he's available at a clearance-rack price. However, he turns just 31 this month and won 13 games as recently as 2005, making him an interesting flier.
Towers' contract provides protection if he performs well. While only $400,000 is guaranteed, he will make a pro-rated $1.8 million as soon as he is added to the active 25-man roster. Towers is expected to compete for the fifth starter's spot and a long relief role in the bullpen. Towers can earn an additional 1.35 million in incentives based on appearances and innings pitched.
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Rockies sign Towers to one-year deal
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