Rockies Agree To Multi-Year Contracts With Street, Betancourt

MONDAY, 6:40pm: Troy Renck of the Denver Post has some updated incentive details on the Betancourt deal. He receives $50K for 40 games finished, another $50K at 45 and $100K at 50, 55 and 60 games finished.

TUESDAY, 12:50pm: The Rockies have agreed to multi-year contracts with righty relievers Huston Street and Rafael Betancourt, reports FoxSports.com's Tracy Ringolsby

Street, who was arbitration eligible for the third and final time, agreed to a three year deal worth $22.5MM with an option for a fourth year. The deal is still pending a physical, which Street will take this coming weekend. The former AL Rookie of the Year came over in the Matt Holliday deal last offseason, then saved 35 games and posted a 3.06 ERA in 61.2 innings while making $4.5MM during his first season in Colorado.

Betancourt agreed to a two year deal worth $3.775M per season. He accepted the team's offer of arbitration earlier this offseason after being designated as a Type-A free agent, though the Rockies first declined his $5.4MM option for 2010. The Rockies acquired him at mid-season from the Indians, and watched as he put up a 1.78 ERA with a 29-5 K/BB ratio in 25.1 innings down the stretch. He earned $3.35MM in 2009.


10 Responses to Rockies Agree To Multi-Year Contracts With Street, Betancourt Leave a Reply

  1. BronxBomber7190 6 years ago

    Good signing for the Rockies with locking Streets up for a couple of year. But as a Yankee fan I was kind of hoping that we could get him as a free agent and make him the setup guy for Rivera and eventually maybe make him the closer. He young and then that allows you to put both Hughes and Chamberlain in the rotation, even though I think Joba is better off in the bullpen. But great signing for the Rockies.

    • why the hell do you yankee fans ALWAYS say “great signing for the team” then say which players you should sign or a player you couldve had on a different team’s forum?

  2. I’m a Yankee fans, but how funny it is that in every arbitration signing you see a person saying “I was hoping for the Yankees to get him” damn.

  3. bleedrockiepurple 6 years ago

    This is huge for the rox!!! everyone thought that they couldnt sign him to a multi yr deal…even i thought we wouldnt be able to pull him for 3 or 4 yrs but odowd surprised us by locking both of Houston and Rafael! Greating signings for the Rox! These guys are 2 huge pieces to back of end of the bullpen..great job by the organization!

  4. Rockiesfan4ever 6 years ago

    I am glad the Rox were able to grab Betancourt for 2 years and get him cheaper than the option year would have been. The Street signing is a good deal but the 3M pay raise he got is a little higher than I hoped for but the back end of that bullpen could be very solid next year.

  5. progmatinee 6 years ago

    If Corpas and Bucholtz can come back that will be as tough a top 4 in the bullpen as any team.

    • Rockiesfan4ever 6 years ago

      Not to mention we have Morales who may be able to come up through the bullpen if we need it.

      • progmatinee 6 years ago

        I’m mixed on Morales. I don’t think you can put him in the game without already having someone else warming up already. I would probably never put Morales in the game with a runner already on 2nd and would only put him in to face a lefty.

        If he got that lefty out, I would leave him in for another out, if he got that out, leave him in.

        The next game I would start all over with those same rules.

        Basically I’m saying that Morales should have as tight a leash as possible without completely ruining his psyche, but IMO he can’t be relied on at all.

        • Rockiesfan4ever 6 years ago

          Ya I agree with you but he did show last year he is able to get the clutch outs when you need him to

      • progmatinee 6 years ago

        I’m mixed on Morales. I don’t think you can put him in the game without already having someone else warming up already. I would probably never put Morales in the game with a runner already on 2nd and would only put him in to face a lefty.

        If he got that lefty out, I would leave him in for another out, if he got that out, leave him in.

        The next game I would start all over with those same rules.

        Basically I’m saying that Morales should have as tight a leash as possible without completely ruining his psyche, but IMO he can’t be relied on at all.

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