Reported by Rockies beat writer Thomas Harding, the Rockies have come to terms with former Royal/Marlin/Padre/Mariner/White Sock Miguel Olivo to provide a powerful backup C to spell Chris Iannetta in the 2010 season. Harding is reporting a 1-year deal with an option on a 2nd. Financial terms have not yet been released.
Olivo, not strongly known for his defense, is considered to be a solid power-hitting catcher, posting a career ISO of .181, and belted 23 dingers for the Royals last season, numbers which he can hopefully repeat (relative to playing time, of course - well, if he wants to hit 23 homers as a backup, I'm not going to complain) with Colorado.
Olivo, while a powerful bat, isn't known for his plate discipline or OBP skills. Over his career, he has averaged 3.72 walks per 100 Plate Appearances - less than half the MLB average, further illustrated by his career .243/.278/.423 batting line.
This said, I feel this signing will give Iannetta a push to hold down the starting job, while bringing some pop in a backup role. The reason I like it is because Olivo's skillsets play to a backup position. With Torrealba behind the plate, he'd post an inferior OPS (or wOBA) than Iannetta, but he'd do it with a much higher batting average, which is appealing to a lot of evaluators, including Jim Tracy, or so it would appear. That said, Olivo will doubtfully post an average any higher than Iannetta's, if even close, and won't get on base much at all. That said, Iannetta looks to be at least as good at/completely better than Olivo in every aspect of the game (aside from obviously being of Latin descent and thereby being able to catch Latin pitchers), so basically Olivo will have to absolutely catch fire and start murdering baseballs into the fountains on a daily basis and Iannetta's legs will both have to also catch fire, but in a more literal way, before Olivo takes the starting job from Iannetta.
Best of luck to both of our backstops, and let the hits keep on rolling!