Here's the official word from the Rockies:
DENVER – The Colorado Rockies announced Friday that they have agreed to terms on a three-year contract with right-handed pitcher Wade Davis. Additionally, right-handed pitcher Shane Carle has been designated for assignment.
Davis, 32, went 4-2 with 32 saves, a 2.30 ERA (58.2 IP, 15 ER), 29 walks and 79 strikeouts across 59 appearances in his lone season with the Chicago Cubs in 2017. He recorded a Cubs franchise record 32 consecutive saves from the beginning of the season through September 19, tied for the ninth-longest save streak to begin a season in Major League history. He was also named to his third consecutive All-Star team after being named an American League All-Star in 2015 and 2016 as a member of the Kansas City Royals.
Since becoming a full-time reliever in 2014, Davis leads all qualified Major League relievers with a 1.45 ERA (241.1 IP, 39 ER), ranks fourth with 0.34 home runs allowed per nine innings and ranks sixth with a .169 opponent batting average. In 2014 and 2015, he became the first pitcher in Major League history to record consecutive seasons with an ERA of 1.00 or lower.
In parts of nine seasons with Tampa Bay (2009-12), Kansas City (2013-16) and Chicago-NL (2017), the Lake Wales, Fla., native has combined to go 59-39 with 79 saves, a 3.45 ERA (835.1 IP, 320 ER), 312 walks and 768 strikeouts. In 28 career postseason appearances, he has gone 4-0 with eight saves in eight opportunities and a 1.40 ERA (38.2 IP, 6 ER), 15 walks and 54 strikeouts.
Carle, 26, had no record with a 6.75 ERA (4.0 IP, 3 ER), no walks and four strikeouts in three appearances with the Rockies after making his Major League debut on April 14 at San Francisco. He went 3-5 with a 5.37 ERA (62.0 IP, 37 ER), 22 walks and 50 strikeouts in 36 games, three starts, with Triple-A Albuquerque. In 131 career Minor League appearances, including 76 starts, Carle has gone 27-29 with a 4.10 ERA (527.1 IP, 240 ER), 114 walks and 367 strikeouts. Carle was originally acquired by Colorado via trade from Pittsburgh in exchange for right-handed pitcher Rob Scahill on Nov. 11, 2014.
The Rockies currently have a full 40-man roster.