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Valverde, Astros Reach One-Year Deal
Jose Valverde and the Houston Astros avoided arbitration by agreeing to a one-year deal worth $8MM, Alyson Footer of MLB.com reports.
Valverde, who made $4.7MM in 2008, made 44 saves last season (Houston's single-season record). He had a 3.38 ERA from 74 appearances. The 30-year-old will be a free agent after the season.
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Wow. I guess this rules out, Andy Pettitte signing or getting back Wigginton.
Posted by: ranholland | January 12, 2009 at 07:50 PM
Good deal for the Astros here. Valverde is in his final year of arbitration and could have possibly gotten 10MM in arbitration.
Hopefully they can work on an extension during the season. Houston needs to keep this guy because they have no closer candidates in house.
Posted by: dogscoach | January 12, 2009 at 08:02 PM
Awesome. Smartest move they've made this year.
Posted by: thered86 | January 12, 2009 at 08:47 PM
So 1 year deal = trade at the All-Star break for prospects? Nice price and if he's half as good as he was last year he should bag a decent haul.
Posted by: jatorres | January 12, 2009 at 09:02 PM