According to Jon Heyman of CBS Sports (that still doesn’t seem right), the Colorado Rockies and Michael Cuddyer have agreed on a contract. While we don’t know the details as of yet, the last offer that the Rockies are believed to have made was for three years and $27 million dollars, according to Troy Renck of the Denver Post (via MLB Trade Rumors).

Update: It’s a three year deal for $31.5 million.

Cuddyer, as a modified Type A free agent, will bring the Minnesota Twins a supplemental and second round draft pick.

When thinking of Cuddyer, who will be 33 years old when next season begins, I’m reminded of two recent posts in the Getting Blanked archives. The first, by Drew Fairservice, is about Edwin Jackson and the value of having an average player.

Consider Edwin Jackson something of a humble brag. If he joins your favorite team, it means your team is in need of the very best workmanlike starter available. That probably means they have designs on the playoffs, like the Cardinals last year when they brought him in at the deadline. Or the White Sox before that. And the Tigers before them. You get the picture.

And it also reminds me of what I wrote when Josh Willingham signed with the Minnesota Twins earlier this week.

My bigger concern for the Twins is that with Willingham, their payroll projection rises to almost $100 million for 2012. That’s a lot of money for a similar team to the one they fielded in 2011 when the Twins accumulated almost 100 losses and finished last in the weakest division in baseball.

Like Willingham and presumably Jackson when he signs, Cuddyer is likely to give his team back the value of the cost of his contract. In this case, he needs to offer slightly less than two wins above replacement in each of the next three years for the Rockies. However, he’s been signed by a team that was 21 games back of the division winning Arizona Diamondbacks, a team that has significantly improved their roster this off season.

The Rockies also finished 14 games back of the San Francisco Giants. And even the horrible Los Angeles Dodgers were ten games better than them last year. Colorado is extremely unlikely to compete next year. So, what’s the point in signing a league average player for an annual salary approaching $10 million?

There isn’t a reasonable one.