Martin, 28, recorded a 6.89 ERA in 15⅔ innings for the Rockies in 2014. The right-hander -- acquired from the Boston Red Sox prior to last season in the Jonathan Herrera trade -- pitched significantly better than his results, if his 3.77 FIP is any indication. Martin struck out nearly a batter per inning and was above average at limiting walks. Coors Field certainly didn't do Martin any favors; the 6'8 rookie posted a 12.15 ERA largely due to a .476 BABIP against in Denver.
If Martin clears waivers, the Rockies will likely outright him to Triple-A Albuquerque. It is possible a team will claim him, considering his strong performance in Triple-A combined with a good chance for improvement at the major league level. The Rockies can work out a trade with another team prior to exposing him to waivers.
Colorado officially announced the signing of Hundley to a two-year deal, which is worth $6.25 million, per CBS Sports' Jon Heyman.