The Colorado Rockies have agreed upon a three-year, $52 million deal with Wade Davis.

Davis was the best reliever on the free agent market.

The record $17.33 million-a-year commitment from the Rockies includes a fourth-year vesting option that could push the total deal to $66 million. 

Colorado has become a landing spot for top relievers this winter, with Jake McGee and Bryan Shaw signing three-year, $27 million deals and Davis turning the total guarantee outlay by the club on bullpen arms to $106 million. 

The Cincinnati Reds signed right-handed reliever Jared Hughes to a two-year contract on Tuesday.

The Associated Press reported that Hughes will get $2,125,000 in each of the next two seasons. The Reds' option in 2020 is worth $3 million with a $250,000 buyout.

Hughes, 32, went 5-3 with a 3.02 ERA and one save in 67 appearances (59 2/3 innings) for the Milwaukee Brewers last season.

Omar Minaya is returning to the Mets as a special assistant to Sandy Alderson, who replaced him as general manager after the 2010 season.

Minaya was the Mets' senior assistant GM from September 1997 until February 2002, when he joined the Montreal Expos as Major League Baseball's first Hispanic GM. He returned to the Mets as GM after the 2004 season, helped put together a roster that reached Game 7 of the National League Championship Series in 2006, then was fired after consecutive seasons with losing records.

After acquiring Evan Longoria earlier this week, the San Francisco Giants may be preparing to add another bat to their offense.

They are considered the favorites to sign Jay Bruce in free agency.

"I think it works out as a perfect fit for the Giants, and we have to figure out the lay of the land, whether it works for the Giants and if it works for us," agent Matt Sosnick said Wednesday on KNBR-AM. "I think if Jay ended up in San Francisco, he'd be thrilled."

Bruce was deep in talks with the Houston Astros, but those negotiations unraveled.

The Philadelphia Phillies will honor Roy Halladay by not allowing anyone to wear No. 34 next season.

Halladay died Nov. 7 when his ICON A5 aircraft crashed into the Gulf of Mexico. He was 40 years old.

He spent just four seasons with the Phillies, but left a huge impression.

Andrew Knapp wore No. 34 last season, but recently switched to No. 15.

It is unclear how else the Phillies might recognize or honor Halladay next season.

The Pittsburgh Pirates and New York Yankees are once again discussing a trade centered around Gerrit Cole, according to a report.

The Pirates are now "motivated" to move the right-hander and the Yankees are currently the most likely landing spot.

Cole, 27, is controllable for another two seasons.

The Arizona Diamondbacks have agreed to a two-year, $6 million deal with Japanese reliever Yoshihisa Hirano.

Hirano, 34, had 29 saves this season for the Orix Buffaloes of Japan's Pacific League. He spent his entire 11-year career with the Buffaloes, recording a 48-69 record with a 3.10 ERA in 68 starts and 481 relief appearances.

The Baltimore Orioles suffered a major blow on Wednesday when they learned that Zach Britton ruptured his right Achilles sprinting during an offseason workout.

Britton is expected to have surgery on Thursday and will be sidelined for at least four months.

"It's probably the most frustrating thing I've experienced," the reliever said. "Last year [being on the disabled list was disappointing], but those were minor things. Now, this isn't something that's going to affect me long term. As soon as I have the surgery and rehab, I can get back to pitching like I can pitch. It's not career threatening or anything like that. But it's just going to be a real grind. I was really frustrated because I was feeling good with the forearm and the knee. I was about to throw bullpens. I was right where I wanted to be."

Britton will be eligible for free agency after the 2018 season.

The New York Mets have announced that Sandy Alderson has received a contract extension.

The length of the general manager's new deal wasn't specified.

Alderson's previous deal ran through last season.

"I feel that we have some unfinished business," he said in a statement. "Spring training is around the corner and our quest to return to the postseason will continue."

The Cleveland Indians have agreed to a two-year deal with Yonder Alonso, according to a source.

The deal is worth $16 million and includes a vesting option for a third year at $8 million.

Alonso, 30, hit 28 home runs with a .501 slugging percentage for the Oakland Athletics and Seattle Mariners and made his first All-Star team in 2017.