Contrary to popular belief, the Colorado Rockies will not pursue a Jon Gray trade during the Winter Meetings, according to Thomas Harding of MLB.com.

Harding suggests that the Rockies see Gray as arguably their best starting pitcher in the last few years, and they would be hard-pressed to find a reason to trade him given that they want to return to contention:

The Rockies’ options to address their catching need — and maybe even make low-cost pitching upgrades — do not involve trading right-hander Jon Gray.

During the General Managers Meetings earlier this month, teams approached Rockies GM Jeff Bridich hoping that he would unload Gray, headed into his second season of arbitration eligibility. The Rockies have two players at that stage — Gray and shortstop Trevor Story, who also is due a huge salary bump — and teams felt the Rockies would have a hard time fitting both into the 2020 payroll.

But according to multiple sources, teams left the talks believing the Rockies have no intention of dealing Gray, who has four straight seasons of double-figure wins and in 2019 saw a bump in pitch quality over '18.

Gray is regarded as a commodity in the market because of the demand for starting pitching as well as his age (28) and the fact that he is controllable through the 2021 season.

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However, one of the reasons that the Rockies gave third baseman Nolan Arenado a massive extension last winter was that they felt it helped solidify their status as contenders. Trading Gray–who posted the lowest ERA and FIP among Rockies starters–would indeed be a step back.

That said, the team is stuck between a rock and a hard place. They have just two prospects in the MLB.com Top 100, and they are about to set a franchise record for payroll in 2020 without making many significant moves.

So while trading Gray seems to be off the table, perhaps the Rockies will reconsider depending on their success in the trade or free-agent markets.