In January 2011, he avoided salary arbitration with Colorado by signing a 1-year deal worth $2.35 million. The Rockies signed Belisle to a new two-year deal worth $6.125 million a month later that overwrote his prior deal, and also got him under contract an extra year before hitting free agency. In addition, it included an incentive in which he would earn an additional $225,000 in bonuses based on games finished. He proceeded to compile a 10-4 record with a 3.25 ERA and 58 Ks in 72 IP.