Rockies and RHP Kevin Slowey avoided arbitration by agreeing to a one-year contract. Terms weren't disclosed. Slowey, who was acquired from the Twins last week, earned $2.7 million this past season while posting a 6.67 ERA and 34/5 K/BB ratio over 59 1/3 innings. The 27-year-old right-hander is expected to compete for a rotation spot during spring training.