Jan 09, 2007 4:36 PM EST

Former All-Star catcher Javy Lopez and the Rockies reached a preliminary agreement on a $750,000, one-year contract Tuesday.

The deal is pending a physical, which is scheduled for later this week. Lopez's salary, which is not guaranteed, would increase to $1 million if he is on the active 25-man roster, and he could earn $600,000 in performance bonuses.

Via AP