Rockies Decline Rafael Betancourt’s Option

The Rockies announced on Twitter that they have declined their half of the $4.25MM mutual option on closer Rafael Betancourt's contract. The news comes as no surprise, as the 38-year-old recenly underwent potentially career-threatening Tommy John surgery to repair a torn ulnar collateral ligament in his right elbow.

Betancourt pitched to a 4.08 ERA with 8.5 K/9 and 3.5 BB/9 in 28 2/3 innings this season, although that ERA was a noticeably stronger 2.93 prior to his final two outings in 2013. Betancourt missed time with a groin strain and an appendectomy this season, and injured his elbow immediately upon his return from the second DL stint. Betancourt allowed four earned runs over his next two appearances (totaling one inning) before the ligament tear was discovered.

As of late August, the 11-year Major League veteran was hoping to rehab from Tommy John surgery and attempt a comeback, although doing so will mean attempting to resurface in the Majors in 2015 at age 40.

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