Astros, Wandy Rodriguez Sign Long-Term Deal

The Astros have avoided arbitration with Wandy Rodriguez, agreeing to a three-year, $34MM contract with the left-hander, the team announced. Rodriguez has passed his physical, according to Astros senior director of social media Alyson Footer (on Twitter).

Enrique Rojas of ESPN Deportes first reported the extension and Footer tweets that the contract also includes a vesting option for 2014 that could raise the total value of the deal to $44.5MM. Rodriguez is represented by the Wasserman Group.

The average annual value of $11.33MM per season will pay Rodriguez more than the $10.25MM arbitration number he submitted last week (Houston submitted an $8MM contract offer).  The deal covers not just Rodriguez's final arbitration year, but it also buys out his first two free agent years.  MLBTR's Ben Nicholson-Smith listed Rodriguez on his list of ten arbitration cases to watch and noted that the southpaw's eight-figure asking price wasn't so outlandish given his career numbers.

Rodriguez, who turned 32 last week, has a 3.36 ERA, a 2.87 K/BB ratio and an 8.4 K/9 rate in 90 starts for Houston over the last three seasons.  With this extension in place, Hunter Pence is the only arbitration-eligible Astro who hasn't yet settled on a 2011 contract.  MLBTR's ArbTracker offers details on all the arbitration settlements and submitted figures this offseason.

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