"The Rockies' chances of re-signing right-hander Kevin Millwood nosedived last month with the acquisition of Kevin Slowey, leaving little room in the budget for the veteran.

Before the trade for Slowey at the winter meetings, the Rockies made a push to bring back Millwood, a stabilizing force over the season's final two months. But their offer of a guaranteed $1 million with incentives to roughly double the deal was rebuffed as Millwood eyed a contract in the $3 million range after his strong finish."