Bard signed a one-year, $2.925 million deal with the Rockies on Tuesday to avoid arbitration, Bob Nightengale of USA Today reports.
The 35-year-old returned to the big leagues from a six-year absence in 2020 and delivered a 3.65 ERA, 1.30 WHIP and 27:10 K:BB over 24.2 innings while converting all six save chances. Bard finished the campaign as Colorado's primary closer and should enter spring training as the favorite for the job in 2021.