It's a two-year, $7.25M deal for Torrealba with a $4M mutual option for 2010. The mutual option is a good compromise on the third year. If both sides pick up the option, it's not excessive, and the total amount of the deal won't be greater than what the Mets offered.
As a comment in the post below this one mentions, the Daily Herald reports that the Astros reached an agreement with Kazuo Matsui for three years and $15M. To say this deal is final would be wrong; the report doesn't even have an unnamed source attached to it. Still, it doesn't look likely that the Rockies' offer of two-years, $10M (article linked right below this) will be enough to bring Matsui back.
Update [2007-11-30 11:51:15 by Russ]: The Houston Chronicle reports that Matsui will sign with the Astros.
Troy Renck wrote recently that we should file Mark Loretta's name away, though maybe we should now forget the name:
Loretta can play 1B, 2B, 3B, and SS. He can be the starting second baseman for the Rockies. Or he can be a utility player for the Yankees and fill in for Jason Giambi, Robinson Cano, Alex Rodriguez, and Derek Jeter. Welcome to the Bronx, I guess.
Tracy Ringolsby looks at the 2008 schedule,
which was released earlier in the week ([editor's note, by Russ] Whoops, the Spring Training schedule was released earlier this week). After the Rockies conclude the first half of the season with their three-game series at Shea, it'll be a short trip for Hurdle and the Rockies' All-Star representatives to Yankee Stadium. It's going to be so much fun trying to get tickets for it. Was anyone here able to go to the All-Star Game when it was held at Coors?