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“Jeremy is excited to join the Rockies, and I see this as a positive result for all parties,” Guthrie's agent, Brodie Van Wagenen, said in a statement. “Negotiations with the Orioles were steady yet slow, and an arbitration hearing seemed possible and even likely. Once informed of the trade, Jeremy decided to make a showing of good faith and agreed to a deal within the Rockies' payroll structure, since he felt it important that his relationship with his new team get off on the right foot. Jeremy is excited about a fresh start with a new organization and a contending team close to home.”
Guthrie then agreed to a one-year deal with the Rockies for $8.2mm, thus avoiding arbitration.
Guthrie will be a free agent after the 2012 season and according to Connolly, he had been rumored to be on the trading block.
Image by Keith Allison under the Creative Commons License.