Morales first signed with the Rockies in 2002 and pitched for Colorado from 2007-11. He spent the last 2 1/2 seasons with Boston.
The left-hander was 2-2 with a 4.62 ERA in 20 appearances last year for the World Series champion Red Sox and made $1,487,500. He is 13-18 with 11 saves and a 4.38 ERA in 195 major league games, including 25 starts.
Morales has limited left-handed hitters to a .194 batting average during his career. His agreement was announced Wednesday night.
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- Colorado Rockies
- Franklin Morales
- Boston Red Sox
- Chris Martin