The Rockies signed Blackmon to a one-year contract extension Friday, Patrick Saunders of The Denver Post reports.

Blackmon had been scheduled to become a free agent this winter at age 37, but he'll stay in Colorado for what will be his 14th major-league season. He was selected by the Rockies in the second round of the 2008 MLB Draft out of Georgia Tech and has tallied 1,688 career big-league hits, all in the purple and black. The new one-year deal carries a $13 million guarantee with another $2 million available in performance-based incentives, per Steve Adams of MLBTradeRumors.com.