The Colorado Rockies have agreed a record deal with free-agent closer Wade Davis, the MLB franchise announced on Friday.
Davis, one of Colorado's primary targets this offseason, has signed a three-year deal that will pay the right-hander an average of $17.33million per year – a record for a reliever.
The 32-year-old is coming off a career-best season in his one year as the Chicago Cubs' closer, recording 32 saves with a 2.30 ERA and 12.1 K/9.
Over nine MLB seasons, primarily with the Tampa Bay Rays and the Kansas City Royals, he has 79 saves.
He is expected to take over as the Rockies' closer, a role occupied last season by former Royals team-mate Greg Holland as Colorado was the second wild card in the National League.
The average annual value of the deal surpasses the contract Aroldis Chapman signed with the New York Yankees that pays him $17.2m per season.
Friday's agreement totals $52m over three years and reportedly includes a fourth-year vesting option at $14m.
Whatever the contract's structure, it is another step in GM Jeff Bridich's bolstering of Colorado's bullpen.
The Rockies earlier this month added right-hander Bryan Shaw and then retained left-hander Jake McGee.
At that point, the Rockies also reportedly were close to re-signing Holland, a free agent who had 41 saves for them in a bounce-back 2017 season following Tommy John surgery.
|World of golf is proud of Woods – Rose|
|WATCH: Tiger followed by incredible sea of fans at East Lake|
|Three takeaways from the 2017-18 PGA Tour season|
|Mbappe shows off signed Pele shirt|
|Tiger timeline: Woods´ fall and rise|
|Spieth´s breakthrough, Garcia´s Masters moment - Events between Tiger´s triumphs|
|Tiger Woods: I was close to tears on the last hole|
|Woods earns first win since 2013; Rose claims FedEx Cup|
|Pogba implores Manchester United to ´attack, attack, attack´|
|Valverde, Busquets and Vidal criticise Lenglet dismissal|
|Tiger Woods: The stunning statistics|
|Fitness hindering Dybala form, says Allegri|
|BREAKING NEWS: Woods claims first title since 2013, Rose wins FedEx Cup|
|Povetkin struggles leave Joshua with no Wilder fear|
|Guardiola targets Barca, Bayern dominance with Premier League priority|
|Centurions Rohit and Dhawan put India in final|
|Eagles top Colts as Wentz makes his return|
|Barcelona 2 Girona 2: Stuani brace punishes Lenglet red|
|Frosinone 0 Juventus 2: Ronaldo redeemed as champions extend perfect start|
|Gattuso: No alibis for two-faced AC Milan|
|Bangladesh hold on despite late Afghanistan charge|
|Composed Woods hits turn with five-shot lead|
|Chiefs´ Mahomes has another record-breaking Sunday|
|Saints QB Drew Brees passes Brett Favre for most career completions|
|Emery hints Leno may need patience after Cech display|
|Picamoles scores four as Montpellier batter 14-man Toulouse|
|Messi breaks LaLiga record|
|Worcester fend off prowling Tigers, Sarries go top|
|AC Milan 2 Atalanta 2: Last-gasp Rigoni rescues a point|
|Neymar keen to repay supporter affection|
|Pellegrini rues West Ham´s wastefulness|
|Paris Saint-Germain´s positive response buoys Tuchel|
|Lewis rekindles fond memories with Vilamoura triumph|
|Arsenal 2 Everton 0: Lacazette, Aubameyang extend winning streak|
|Stephens suffers as Osaka withdraws in Wuhan|
|Rhinos run riot to secure Super League status|
|Risk brings reward for victorious Marquez|
|Let´s have some fun - Wentz tweets message to Eagles fans ahead of return|
|Maybe in a year Chelsea will be at Liverpool´s level – Sarri|
|Under-pressure Rodgers bemoans ´bitty´ Celtic start|
|Slater should be banned for Grand Final - Fittler|
|Simon ends Bachinger fairytale to lift Metz title|
|Dominant Thiem reigns in St. Petersburg|
|Neymar hands young fan his shirt during Paris Saint-Germain victory|
|Quick-Step Floors storm to fourth time trial gold|
|Jorginho sets new passing record in West Ham draw|
|Rubiales slams ´crazy´ LaLiga schedule|
|Rennes 1 Paris Saint-Germain 3: Tuchel´s Ligue 1 record stays perfect|
|Why so serious? Joshua reveals Fury has blocked him on Twitter|
|West Ham 0 Chelsea 0: Sarri´s 100 per cent start comes to frustrating end|
|Marvellous Marquez reigns in Aragon yet again|
|Real Madrid will not go to the USA with LaLiga - Perez|
|Erasmus adds five players to Springboks squad|
|Barcelona snub ´hardest decision´ of Griezmann´s career|
|Perez pays tribute to Ronaldo and Zidane|
|Cazorla concedes Arsenal lacked self-belief under Wenger|
|Get King Kong for AJ! Joshua understands critics´ demands|
|Korea change sees Bertens take title in Seoul|
|I love Bilic, but I let him down – Arnautovic|
|He will never fight me! Fury hits out at ´ponderous´ Joshua|
|Azpilicueta convinced Hazard can be ´the best´|
|Wigglesworth´s career in Opta numbers as he breaks Premiership record|
|Ronaldo has nothing to prove, says Allegri|
|Federer shines as Europe hold narrow lead at Laver Cup|
|Astros, Yankees and Indians record dramatic wins|
|Pliskova too strong for Osaka in Tokyo final|
|Kyle Busch comes from behind to win again in Virginia|
|Dybala can play as a striker – Allegri|
|Pochettino never doubts ´special´ Kane|
|NASCAR results at Richmond: Kyle Busch comes from behind to win again in Virginia|