"The Rockies finalized catcher Chris Iannetta's new contract Tuesday, a three-year, $8.35 million deal. On Monday, the team signed backup Miguel Olivo to a one-year, $2.5 million deal with a club option.

In order to receive security and some peace of mind, Iannetta took a little less on his deal, which buys him out of his final three years of arbitration and includes a 2013 club option for $5 million in his first season of free agency. However, if Iannetta is traded anytime before the 2013 season, he can void the club option and become a free agent. Shortstop Troy Tulowitzki and Brad Hawpe have identical provisions in their contracts.

"Hopefully this contract will help Chris relax. We all know how talented he is," Tulowitzki said Tuesday."