CarGo signs Extension

The Rockies have announced that they have agreed to a contract extension with outfielder Carlos Gonzalez. The deal is for 7 years and $80 million that will keep him in Colorado until 2017. It breaks down to $1 million 2011, $5 million in 2012, $7.5 million in 2013, $10.5 million in 2014, $16 million in 2015, $17 million in 2016 and $20 million in 2017. He will also receive a $3 million signing bonus in this deal.