Padres Acquire Huston Street

The Padres found their Heath Bell replacement, acquiring closer Huston Street from the division-rival Rockies for minor league left-hander Nick Schmidt.  The Rockies have officially announced the trade.  The Rockies are eating $1MM on Street's $8MM salary, tweets Joel Sherman.  MLB.com's Thomas Harding tweeted the agreement, Joel Sherman tweeted when it became official, and Danny Knobler, Scott Miller, and Buster Olney contributed to the breaking story. 

Street, 28, posted a 3.86 ERA, 8.5 K/9, 1.4 BB/9, 1.54 HR/9, and 34.9% groundball rate in 58 1/3 innings for the Rockies this year, saving 29 games in 33 attempts.  The move to Petco Park should help Street's home run rate, and if he has a big year he could decline his $9MM player option for 2013 and test the open market.  Street had a DL stint for triceps soreness in August, during which the Rockies realized Rafael Betancourt could be an effective closer.  The move appears to be mostly a salary dump for Colorado, and the team now has more money to pursue a starting pitcher such as Hiroki Kuroda.  For fantasy analysis of the deal, check out Bryan Grosnick's latest at CloserNews.    

Schmidt, 26, was drafted 23rd overall by San Diego in the 2007 draft.  The southpaw has yet to pitch beyond the high Class A level, posting a 4.61 ERA and an 8.00 K/9 rate in four pro seasons.  Schmidt underwent ligament replacement surgery that caused him to miss the entire 2008 season.

This marks Josh Byrnes' second trade since taking over as Padres GM, as he acquired catcher John Baker from Miami in November.


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124 Comments on "Padres Acquire Huston Street"


diesel2410
3 years 8 months ago

Stupid move for San Diego. Paying a lot for a closer who isn’t even elite. They also need bats, not inconsistency at the back of the pen

Triple Hawpes Brewed
3 years 8 months ago

Yeah that lineup is a joke. Not a single hitter to be concerned with for the opposing pitcher.

3 years 8 months ago

if Guzman gets more playing time, he would be somebody teams would worry about.  But then again, somebody would have to be on base for it to be a concern..hmm.  maybe you’re right.  Wait, Headley may come into his own this year…or maybe not.  Perhaps the combination of Maybin, Guzman and Headley is somewhat formidable.  oh well, I’ll just wait and see.

3 years 8 months ago

There is a saying we Padres fans live by here in San Diego, “Keep the faith.”

MikhelB
3 years 8 months ago

And boy do we attend games! A beauty to spend a lovely evening watching the Padres among 25-30 thousand people… man, just a few things can beat that.

Ohhhplease
3 years 8 months ago

Not sure 8 million is a lot given the closer market, it’s a one year deal, and cost them nothing towards the future.  The Pads could not move forward hoping that Gregerson and Frieri were going to be able to step up.

The chance of moving him in July for a prospect are strong.  I am surprised that they did not just swap bad deals of Hudson for Street, but oh well.

BrocNessMonster
3 years 8 months ago

I don’t think it’s a bad move as long as the minor leaguer isn’t a big prospect. Spend some money, sure. But the HR rate will decrease in Petco, and they might get a good return for him at the deadline.

Lavery8
3 years 8 months ago

They can only score 2 runs a game. They need a closer and better than give up legit prospects for Bailey or giving Bell a 3 yr deal

The_BiRDS
3 years 8 months ago

Love the question marks.. haha

“Stay classy San Diego?” 

3 years 8 months ago

Huston was good 90 years ago lmafo

MikhelB
3 years 8 months ago

But he goes to a pitcher’s heaven…

sdsuphilip
3 years 8 months ago

Its a 1 year deal though, I don’t want to trade top prospects for a decent but nothing special bat, also rockies won’t be getting any prospect of value.

padresfuture
3 years 8 months ago

I am not by any means in love with this move. However, while Street is not elite his numbers are not that far off from the elite closers. He has about a career 4:1 career K:BB rate. He also put up sub 4 ERA’s 3 straight years at Coors, not an easy task. Solid bullpen guy, but I don’t like the $7m being spent here unless it yields something bigger down the line.

padresfuture
3 years 8 months ago

I am not by any means in love with this move. However, while Street is not elite his numbers are not that far off from the elite closers. He has about a career 4:1 career K:BB rate. He also put up sub 4 ERA’s 3 straight years at Coors, not an easy task. Solid bullpen guy, but I don’t like the $7m being spent here unless it yields something bigger down the line.

johnnycomelately9
3 years 8 months ago

If the team gives up a lesser prospect as ptbnl than great move paying mostly money for Street.  If it’s one of the SP prospects than terrible

Ohhhplease
3 years 8 months ago

Really?  Getting an above average closer for a A pitcher that is not in any way in your clubs future, and if he has a strong year, getting two draft picks for him, or prosepcts at the trade deadline? 

Mikey Roederer
3 years 8 months ago

Good pick up for San Diego, although I don’t understand why paying him almost 8M for next year was so much easier than paying up on Bell…

diesel2410
3 years 8 months ago

Rockies are paying most of his salary

Mikey Roederer
3 years 8 months ago

It says above the padres are…

chico65
3 years 8 months ago

Actually, “Harding says the Padres will pay most of the $8MM owed to Street.”

Just damn stupid if you ask me.  Unless Josh thinks he’ll have Theo/Jed or Ben by the balls at the trading deadline (quite possible with Marmol and ??? closing) and willing to give up way more.  

Amish_willy
3 years 8 months ago

They were going to spend on a closer one way or another. They could have spent less on Brad Lidge, but no, don’t think Street was stupid. Look for a big bounceback to his Oakland days. IMO, this is a better outcome then Bell accepting arbitration or signing a 2-year deal as they get their closer along with two picks, while giving up what I bet is an expendable prospect.

padresfuture
3 years 8 months ago

I don’t see Street as a “major” downgrade from Bell. So from the standpoint that they get 2 picks and a Bell replacement for a couple mil less, not bad. However; given Bell was already gone, I wonder if they could have put that $7m towards a legit bat and plugged in Frieri at closer. I don’t think Street will put up “significantly” better numbers than Frieri would have.

Chris Whitby
3 years 8 months ago

One year, $8MM is a much smaller commitment than three years, $27MM

3 years 8 months ago

And yet is still much larger than $0, because they don’t need this guy, they need hitters.

Lunchbox45
3 years 8 months ago

what offense are you going to get for a 1 year commitment for that price

3 years 8 months ago

Juan Rivera signed a 1 year $4.5M with the Dodgers. He’s not great but he’d be better on that team than Street.

Lunchbox45
3 years 8 months ago

so your answer is then

correct, you can’t get any offense for that price and commitment

3 years 8 months ago

Ok, but that still doesn’t mean they should throw that money at Street. But I change my tune on this if Street puts up good numbers and they get a good prospect at the deadline.

Amish_willy
3 years 8 months ago

Yeah, exactly what the team needs is a mediocre outfielder limited to LF. I’d prefer the team play Blanks, or Guzman or Darnell out there over Rivera any day of the week, not to mention the three of them will cost 1/3 of what Rivera will make in 2012, combined.

Street fits a bigger need as the pen needed some reinforcements.

It’s funny all the comments about how the Padres don’t even need a closer, because you can’t save games you aren’t winning, but at the same time just lost their closer who has saved more games over the last three years then anyone.

The lineup would be a lot better with Headley, Guzman and Blanks all in it together, which they probably did only a couple of times last year, due to the late season promotions of the latter two to Headley getting hurt at about that same time.

3 years 8 months ago

I’m not really advocating that they should have signed Rivera, I offered it as an example only. I agree with you they’re better off just playing their kids. That said, unless the Padres flip Street for at least one good prospect, this deal was stupid. Not only do they not need a closer, but spending money on closers has been shown to be inefficient. It is essentially a luxury of a team with a big budget. The Padres don’t have a lot of money to begin with.

Amish_willy
3 years 8 months ago

Have you looked at their projected lineup next year as well as their starting staff? A tweak or two may be made in the meantime, but the roster is constructed quite cheaply. Prior to adding Street, Hudson & Bartlett were their two costly players at 5-5.5m a piece, with Headley and Stauffer the next ones in line looking at around 3m. The entire projected rotation of Latos, Luebke, Stauffer, Richard, Bass/Moseley will cost around 7m next year, and less if they trade/non-tender Moseley.

For me, it’s not they don’t have much money to begin with, it’s what are they going to spend it on to get to the 53-55m figure Moorad anticipated. Ton of cheap players on this roster. Had they stayed inhouse with the options they have and not traded for Street, they would have no problem coming in under 40m, and probably closer to 35m.

So no, I don’t agree with your stance that the 2012 Padres are in no position to afford Street.

padresfuture
3 years 8 months ago

They can afford Street, the question is what is the opportunity cost? I don’t think the Street signing is stupid, just questionable.

padresfuture
3 years 8 months ago

They can afford Street, the question is what is the opportunity cost? I don’t think the Street signing is stupid, just questionable.

thegrayrace
3 years 8 months ago

As a Dodger fan all I have to say is: take Rivera, please!

3 years 8 months ago

Bell would have signed for less to stay in San Diego as long as he got 3 years.

KJ4realz
3 years 8 months ago

1 year of street is a lot different than 3 years for Bell. Like others have said, he most likely becomes a trade chip in July.

Ohhhplease
3 years 8 months ago

It’s a one year deal worth 3+ million less than Bell would have gotten in arb, and they can trade him at the deadline for something worthwhile if he is healthy.  Bell wanted 3 years….and would have wrapped up too much salary in the long term.

MikhelB
3 years 8 months ago

Because part of the plan the Padres have is to trade their stars for mid to non-future prospects, and acquire soon to be free agent pitchers who at PetCo will have a great season, offer then arbitration with the mutual agreement that they will decline it, so the Padres get draft picks.

They already have a draft pick locked in place for Heath, and next year when Street declares free agency they will get another pick. So, basically they spent 7 millions in exchange for one year of a closer and two draft picks.

3 years 8 months ago

Read the new CBA.

kevinfoley46
3 years 8 months ago

How about them Rockies collecting young players/pitchers?

sports33
3 years 8 months ago

I wouldn’t exactly call Street young…

imachainsaw
3 years 8 months ago

wouldn’t exactly call the Padres the Rockies…

popular_mechanics_for_pitchers
3 years 8 months ago

Wrong way

sports33
3 years 8 months ago

haha, wow sorry. Is there a pitcher headed back for sure though?

EDIT: Damn, I suck. He said pitchers/players.

3 years 8 months ago

He’s just turned 28, thats the Prime age for 99% of the baseball world, hell its the prime age of any professional athlete.

Tim McCall
3 years 8 months ago

This move looks so simple, why didn’t the Red Sox at-least obtain him for an 8th inning guy.

haymaker9
3 years 8 months ago

As a Rockies fan, I would at least be intrigued by a Street for Jed Lowrie swap.  Lowrie has an injury history, and is sort of an average defender, but he’s a switch-hitter who can play all over the infield. Could be interesting to see how Tracy would use him all over the field.

popular_mechanics_for_pitchers
3 years 8 months ago

Now you have to be intrigued by a player to be named later

John B.
3 years 8 months ago

“Padres will pay most of the $8MM owed to Street”.. We don’t know if that is $4.1MM or $7.9MM yet.  Don’t judge yet.  Based on performance and experience alone, I like this move.

3 years 8 months ago

So is it a PTBNL to the Rockies or an unnamed minor leaguer?

mistermonkey
3 years 8 months ago

I wonder if the Padres might turn around and flip Street elsewhere. Otherwise this seems like a strange move…

BrocNessMonster
3 years 8 months ago

Probably they will, but after he pitches half a season at Petco and builds value. Empty value yes, but in the eyes if homer GMs it’s real value.

Dylan Ramirez
3 years 8 months ago

I think you should take a look at Houston Street’s home and away splits. He had a 2.15 ERA on the road last year and an ERA above 5 at Coors. He has real value, he just struggled pitching in such a hitters environment.

3 years 8 months ago

There’s also the unquantifiable benefit of working with Buddy Black (former pitcher), Darren Balsley, and Darrel Akerfelds.

Drew Tweedie
3 years 8 months ago

Although he may not get the chance to work with Darrel unfortunately.

Beersy
3 years 8 months ago

Balsley is the most underrated pitching coach in the game.

haymaker9
3 years 8 months ago

The Rockies better invest the ca$h they just gained for 2012 towards an area of need.  If it goes towards Hiroki Kuroda or Edwin Jackson, that would be nice. 

3 years 8 months ago

If its a decent prospect, then it makes sense. If its a nobody, then it seems like Colorado would be selling low….  Unless its a top prospect, San Diego makes out …ends up in their eyes as 1 year of Street and 2 prospects for 3 years of Bell and 1 prospect..Win for SD

Beersy
3 years 8 months ago

If it’s a top prospect Byrnes will have a lot of explaining to do.  Paying almost all of his salary should mean it is at worst a B prospect leaving the Padres.

3 years 8 months ago

probably much less than a b prospect. This is a salary dump.

Beersy
3 years 8 months ago

I hope so.

3 years 8 months ago

Why would the Padres want an $8MM reliever?  Aren’t they strapped for cash or something?  Doesn’t make any sense…

3 years 8 months ago

They allegedly have $20-million to spend this offseason

Amish_willy
3 years 8 months ago

Exactly, in fact they have more money at their disposal then any other team in the West right now.

3 years 8 months ago

So why not get a bat?  Luke Gregorson could close out games.  Lack of offense is what keeps the Padres from making the playoffs, not their bullpen.

sherrilltradedooverexperience
3 years 8 months ago

which bat?  Aramis Ramirez?

3 years 8 months ago

Lol anything qould be better than what they have.

Ohhhplease
3 years 8 months ago

What bat do you propse they get?  That they can afford?  Andruw Jones maybe to play LF?  Not a ton of middle of the order affordable bats in the world.  Gregerson is no closer !

3 years 8 months ago

How about Willingham? Yeah, he’s not Mays in the field but he’ll hit 25 home runs. Put him behind Guzman and we might actually have some offense to speak of. 

3 years 8 months ago

Given the market for closers, 8-million isn’t bad. The trade off for paying most of his salary is not giving much up in return. Not only that, his biggest area of concern is home runs allowed which will assuredly improve moving from Coors to PETCO.

3 years 8 months ago

I think your logic is sound, but if I’m the Padres GM I say screw the “market for closers” and just develop from within.

Amish_willy
3 years 8 months ago

Easier said then done. Brach might be a fit for the role, but throwing him in it right now wouldn’t be their first choice. After Gregerson’s inconsistent 2011, the last thing they’d want to do is promote him. He looked off all year long, which is obviously a concern. Ernesto Frieri was the other possible in house option, and he too is the same inconcistent sort. He needs to add much more polish to his game before getting to that point.

Keep in mind the Padres won more games in the NL from the 2009 trade deadline through the 2010 season. 2011 stunk, but there is enough talent on the roster to bounce back quickly. Adding a solid closer shores up a weakness, which was needed. When you look deeper into their 2012 budget and the contracts on hand and it was evident they would be spending a nice chunk in the pen. They have a 53-55m budget with their lineup & rotation costing only around 25m. Though additions could be made, with a RF probably the most likely acquisition if there is one.

3 years 8 months ago

They had Adrian Gonzalez in the 2009-2010 timeframe that you reference, and they don’t now. I don’t think 2011 was as much of an aberration as you may be thinking.

MDonaldGrantstomb
3 years 8 months ago

Given Street’s health risk status it’s a good deal for the Rockies to be rid of him–and it’s a risk for the Padres–but the kind of small to medium $ risk that small-market teams take

3 years 8 months ago

Unless they deal him at the deadline, this was stupid.

Amish_willy
3 years 8 months ago

Would signing Frank Francisco for 2/12m, or Brad Lidge for say 1/5m have been “smart” ?? — those are the kind of alternatives. Your promote from within campaign isn’t realistic, due to all the relievers that have been moved/let go in the past year – Webb, Mujica, Adams & Bell – were 4/5’s of their top-5 relievers from a year ago.
Saying they don’t add anyone, IMO, is the stupid part of the equation.

3 years 8 months ago

Well, agree to disagree I guess. Oakland has developed closers from within for years now. They can’t be the only ones who can do it. The save is a very overrated and over-paid-for stat. They can go by committee or whatever until they find something that works. But I’m thinking they’re not going to be contending in 2012, but it seems like you (and their Front Office, apparently) are, so we’re looking at this differently to begin with.

padresfuture
3 years 8 months ago

I am not sold one way or the other on this one. I think a bat should have been a bigger priority. Maybe the Padres expect to be in the division race this year. Although I think Frieri could close for the Padres, I think the better longer term options such as Quackenbush are a year or two away. If the Padres think they can win 90 games this year, then this will be a nice stop gap aquisition. If they don’t compete then they may have a nice trade piece. Low risk move, with some questions as to whether they could have spent the money more wisely.

3 years 8 months ago

Best Oriole “Non” Acquisition in a long, long, time!

Thank God!

Rabbitov
3 years 8 months ago

Care to explain why?  For a PTBNL that is an absolute steal.  I don’t know why the O’s felt they couldn’t match that. 

3 years 8 months ago

Good pick-up for the Pad’s. I really wish he would have left the NL West though cuz he’s tough to hit.  Pad fans should be grateful and stop complaining he’s younger and better than heath bell. Heath bell’s stats are declining anyways.

3 years 8 months ago

The only reason I see for this move is that Street will probably have an ERA well under 2 pitching in that ridiculous park, a contending team at the deadline will see that low ERA and offer SD more than SD gave up for him. As long as the prospect isn’t a good one, this move is low-risk/high-reward.

Beersy
3 years 8 months ago

You’re right, it all depends on the prospect.  Byrnes seemed to give up prospects a little to freely while in Arizona, I’m not going to lie, as a Padre fan I’m a little nervous.

the_insomniac
3 years 8 months ago

Rizzo going back the other way? Lol jk

Good pick up by the Padres but we’ll have to see who’s going back the other way to tell if the trade is a win on the Pads side of things. Right now its looking pretty good.

Beersy
3 years 8 months ago

If the prospect going to the Rockies is of any conseqeunce Byrnes should have his head examined.  If the Rockies had paid most of the salary then fine give a decent prospect, however I wouldn’t have been happy about it, but with the Padres assuming most of the salary the player going to the Rockies had better not be much of a prospect.

3 years 8 months ago

Wow. Reds letting Closers getting traded for NOTHING and get signed to small contracts without doing a thing. Jeez. I know they need a #2 starter more then anything but still! If they will contend (I fully expect them to) they need a closer. I HOPE they can find a starter and closer in the next couple days.

3 years 8 months ago

Which are the closer’s signed for small amounts that you would want if you are trying to contend? Similarly, it is not clear that you would want to depend upon Street if you have serious plans to contend. That is quite the gamble.

Jough Brasch
3 years 8 months ago

Do the Rockies have to give this PTBNL to the Twins now? Mind. Blown.

Richard Allen
3 years 8 months ago

I want you to think about that statement for a second. Trading Huston Street for nothing? Yeah, that makes total sense.

Jough Brasch
3 years 8 months ago

Maybe Street was the PTBNL all along! inception