Estevenz and the Rockies avoided arbitration Tuesday by agreeing to a one-year, $3.025 million deal, Robert Murray of FanSided.com reports.
Estevez matched his career high with 11 saves last season while posting a 4.38 ERA, the second-best mark of his five-year career. He may not return to the closer role he held down the stretch, however, as the Rockies recently signed veteran righty Alex Colome, who's saved 155 games in his career.