Previous reports indicated that the Rockies had offered Holland a multi-year contract. In addition to the Rockies, Heyman mentions the Nationals and a “mystery team” competing for Holland. If the Rockies did in fact offer Holland a contract, he’s either been sitting on it for nearly a month while talking to other teams, or he’s been quietly negotiating terms with the Rockies.
Earlier this offseason, MLB Trade Rumors predicted that Holland would receive a two-year contract worth $18 million. While contract predictions for right-handed sluggers like Mark Trumbo turned out to be overestimates, the reliever market has seen some large contracts paid out. It wouldn’t be surprising for Holland to get over $20 million in a two-year deal.
Holland hasn’t pitched since 2015 due to his rehab from Tommy John surgery, though he did have a showcase in November that the Rockies almost certainly attended. If the Rockies add Holland to the bullpen, they’d be gambling on a return to form, though they wouldn’t have to lean on him due to the presence of Adam Ottavino.