The Rockies and free-agent outfielder Ian Desmond have agreed on a reported five-year, $70 million deal, sources told FOX Sports' Ken Rosenthal on Wednesday.
The club has not confirmed the deal.
Because Desmond declined Texas' qualifying offer, the Rockies will forfeit their first-round (No. 11 overall) pick in the 2017 Draft.
Desmond hit .285 with 22 home runs and 86 RBIs in 156 games for the Rangers in 2016.
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