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Giambi accepts $1M option to stay with Rockies in 2012

CBSSports.com wire reports
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DENVER -- Jason Giambi and the Colorado Rockies have exercised their mutual option on his $1 million contract for 2012.

The 40-year-old slugger hit .260 with 13 homers and 32 RBI in 131 at-bats as Todd Helton's backup last season. He hit a home run once every 10 at-bats against right-handers.

Giambi contemplated becoming a free agent given that so many teams, including the Phillies and Rays, showed interest in him last season, but he likes his role with the Rockies, where he serves as a clubhouse leader and mentor for younger players, including All-Star shortstop Troy Tulowitzki.

Giambi has hit .253 with 16 doubles, 21 homers and 78 RBI since joining the Rockies in August 2009.

Copyright 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
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