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Rafael Betancourt Rumors
The Rockies and Rafael Betancourt have agreed to a contract extension, the team announced (on Twitter). Enrique Rojas of ESPN Deportes reports that the deal guarantees Betancourt's $4.25MM mutual option for 2013, and adds an option at the same salary for 2014. The Octagon client will earn $4MM in 2012 as part of his current contract.
"Basically, the Rockies executed the mutual option I had in my contract for 2013 and added another in 2014, which guarantees me work for the next two years and the possibility of a third followed in Colorado," said Betancourt. "I prefer [security] first, I am happy the deal."
Betancourt, 37 in April, remains one of baseball's best late-game relievers. He pitched to a 2.89 ERA in 2011 with 10.5 K/9 and 1.2 BB/9 in 62 1/3 innings, saving eight games while Huston Street was on the disabled list. During his two and a half years in Colorado, Betancourt has pitched to a 3.00 ERA with 11.5 K/9 and 1.3 BB/9 in 150 innings.
Betancourt is expected to close for the Rockies in 2013 following the trade of Street to the Padres. Check out RotoAuthority's Closer Depth Chart for your fantasy bullpen needs.
Closernews.com offers fantasy analysis of relievers all offseason long and we’ll also be keeping detailed tabs on the relief market here at MLBTR. Now for the latest hot stove notes regarding relievers…
- The Red Sox talked to Joe Nathan, but never made him an offer, according to Alex Speier of WEEI.com. Boston was uncomfortable offering the closer a multiyear deal partly because he's 37.
- The Rockies are trying to move Huston Street because they believe Rafael Betancourt can close for them, according to Troy Renck of the Denver Post (Twitter links). Renck expects the Rockies to attempt to acquire a starter such as Jeremy Guthrie or Carl Pavano for Street.
- The bullpen remains the Rangers’ top priority, GM Jon Daniels told reporters, including Anthony Andro of FOXSportsSouthwest (Twitter link).
- The Red Sox, Angels, Twins, Reds, Marlins, Blue Jays and Mets are among the teams with potential interest in closers, according to Jon Heyman of SI.com (on Twitter).
The Rockies were one of the most aggressive teams in baseball in terms of extensions last offseason. They locked six of their players up on multiyear deals, including two contracts worth $80MM or more.
It’s still too early to say with much authority that the deals failed or succeeded, but Troy Tulowitzki’s contract doesn’t expire until 2020 at the earliest and that’s a long wait, so let's check in on the deals now. The early verdict? Nearly five months into the season, the Rockies’ new deals are going well, largely because their biggest investments are looking good. That in itself doesn't justify the moves, but it's certainly better than the alternative.
Tulowitzki (ten years, $157.75MM), Carlos Gonzalez (seven years, $80MM), Matt Lindstrom (two years, $6.6MM), Jason Hammel (two years, $7.75MM), Rafael Betancourt (two years, $8.02MM) and Matt Belisle (two years, $6.125MM) all signed long-term last winter. Conventional wisdom says multiyear deals for relievers and megadeals for players already under long-term control aren’t the most prudent ways of spending money, especially for a mid-market team. Nevertheless, the Rockies went ahead with the moves and they’re going well so far this year.
It would be hard to argue that Tulowitzki isn’t the best shortstop in the game. Gonzalez has boosted his walk rate, lowered his strikeout rate and, thanks to a recent hot streak that has included seven home runs in 12 days, raised his season line to .289/.360/.523. Betancourt, Belisle and Lindstrom (now on the DL) have each pitched at least 43 2/3 innings with at least 6.2 K/9, no more than 2.3 BB/9 and an ERA of 3.41 or below. Even Hammel, who just lost his rotation spot to Alex White, provided Colorado with three months’ worth of solid starts before faltering in July and August.
The extensions look good so far, despite the Rockies’ disappointing 63-68 record. At this point, that’s all Colorado could hope for. But every player they locked up could have been on the team this year even if GM Dan O’Dowd hadn’t inked them to long-term deals, so the final verdict on the 2010-11 offseason deals will have to wait for another decade or so.
Rockies' setup man Rafael Betancourt picked up his first save of the season last night, filling in for a banged up Huston Street, and it sounds like he'll be around much longer if needed. ESPN's Buster Olney reports (on Twitter) that Colorado intends to keep Betancourt this month rather than move him in a waiver trade.
Betancourt, 36, owns a 3.61 ERA in 47 1/3 innings this season, but his peripheral stats are much more impressive: 10.6 K/9 and 1.5 BB/9. That's actually worse than last year, when he posted an identical 3.61 ERA, but with better strikeout (12.9 K/9) and walk (1.2 BB/9) numbers. Betancourt is under contract for $4MM next season with a $4.25MM mutual option for 2013 ($250K buyout).
MLBTR's Tim Dierkes identified Betancourt as one of several players on the Rockies that could be candidates for a waiver trade this month. Make sure you check out Closer News for all your fantasy bullpen needs.
In the latest edition of Full Count from Ken Rosenthal, we learn how this year's trade deadline could have turned out drastically different..
- The Rockies wanted five of Boston's top prospects for Ubaldo Jimenez: Will Middlebrooks, Kyle Weiland, Josh Reddick, Felix Doubront, and Ryan Lavarnway. The Red Sox would have gotten more than just Jimenez in return as Rosenthal tweets that the Rockies offered Jimenez and outfielder Seth Smith in return for the quintet of prospects. There were other possible fits in such a deal including Ryan Spilborghs, Chris Iannetta, and Rafael Betancourt.
- The Rangers had enough prospects to get Carlos Beltran in addition to Koji Uehara and Mike Adams at the deadline. To do that, they would have needed to take either Robbie Erlin and Joe Wieland out of the Adams deal as the Mets are fond of both. Rosenthal was told that one of the two pitchers was in the offer for Beltran.
- The Indians traded their two best pitching prospects to land ace Ubaldo Jimenez but the deal wasn't just for this season. Cleveland is mindful of the big picture and they have their key pieces locked up for the next few years. Jimenez, Asdrubal Cabrera, and Shin-Soo Choo are under control for the next two seasons while Justin Masterson and Chris Perez are under control for the next three. If the Tribe doesn't win in the next few years, they can always flip some of those players for prospects.
SUNDAY, 12:43am: The Diamondbacks have a list of 7 or 8 relievers they are still pursuing and they're almost certain to come away with one, tweets Ken Rosenthal of FOX Sports. Meanwhile, Arizona doesn't like their chances of landing Rockies reliever Rafael Betancourt, according to Troy Renck of The Denver Post (via Twitter).
SATURDAY, 11:07pm: D’Backs GM Kevin Towers says he’s looking at everything (bullpen, bench, starting pitching) and could take on salary under the right circumstances, according to Nick Piecoro of the Arizona Republic (Twitter links).
9:13pm: The D'Backs are still working to acquire a reliever and it sounds as though they expect to complete a deal, according to Nick Piecoro of the Arizona Republic (on Twitter). The D'Backs acquired starting pitcher Jason Marquis earlier tonight.
Jon Paul Morosi of FOX Sports (Twitter links) reported earlier this evening that Arizona remains interested in relief help, including Jason Isringhausen. However, Isringhausen has said the Mets have told him they won't trade him, according to Andy McCullough of the Star Ledger (on Twitter).
4:10pm: Manager Mike Scioscia said he and GM Tony Reagins haven't discussed Betancourt as a possible solution, according to Kevin Baxter of the LA Times. Scioscia said Reagins always runs players past him before acquiring them.
1:34pm: The Angels seek a right-handed sixth-or-seventh-inning kind of arm in the Chad Qualls mold, reports ESPN's Jayson Stark. Mike DiGiovanna of the L.A. Times has similar feelings, tweeting that their best chance is to get a non-closer along the lines of Qualls, Rafael Betancourt, or Koji Uehara. Earlier, ESPN's Jim Bowden tweeted that the Angels are "working hard on Uehara trade talks" with the Orioles. Of course, Uehara has better numbers than just about any available reliever.
The Rockies are 11 games back in the NL West, so it's time to consider selling various pieces. The latest:
- The Red Sox, Rangers, Tigers, Blue Jays, Yankees, and Reds scouted Ubaldo Jimenez's start yesterday in Arizona, tweets SI's Jon Heyman. Troy E. Renck of the Denver Post tweets that nothing has changed since his column yesterday – the Reds and Yankees make the most sense, with the Rangers, Red Sox, and Tigers lurking. At that point, Renck wrote that the price is huge – at least three players – but the Rockies "haven't pulled Jimenez off the showroom floor."
- The Pirates have interest in Ty Wigginton, tweets Renck. Wigginton, who played for the Bucs from 2004-05, is a good source of righthanded pop at the corners.
- Right-handed relievers Rafael Betancourt and Matt Lindstrom are also trade candidates, tweets Renck.
The Rockies are currently 9.5 games out in the NL West. They don't have any crucial players heading to free agency after the season, but they may still have some expendable veterans. In particular, MLB.com's Thomas Harding says "information is surfacing that the Rockies could be willing to deal any of three key right-handed relievers" – Huston Street, Rafael Betancourt, and Matt Belisle.
Street, 28 in August, has a 3.56 ERA, 8.4 K/9, 1.5 BB/9, 1.67 HR/9, and 39.0% groundball rate in 43 innings this year. At the deadline he'll have $2.37MM left on his contract this year, plus $7.5MM in '12 and a $500K buyout after that season for a total of $10.37MM. Yesterday, Tracy Ringolsby of FOX Sports wrote that there have been "recent inquiries" on Street. However, keep in mind that GM Dan O'Dowd has no directive to shed salary. If Street is dealt, Matt Lindstrom would probably close, as indicated on our depth chart at CloserNews.
Betancourt, 36, has a 4.66 ERA, 8.6 K/9, 1.7 BB/9, 1.47 HR/9, and 30.6% groundball rate in 36 2/3 innings. His numbers are similar to Street's in that he limits free passes but is prone to the longball. Betancourt will have $1.22MM left this year at the deadline, plus $4MM in '12 and a $250K buyout after that season for a total of $5.47MM. Since he doesn't have saves on his resume, he earns half as much as Street.
Belisle, 31, has a 3.46 ERA, 7.8 K/9, 1.9 BB/9, 0.86 HR/9, and 46.8% groundball rate in 41 2/3 innings. He will have $1.05MM left this year at the deadline and $3.775MM in '12 for a total of $4.825MM. This is the first time his name has been mentioned as a potential trade target.
The Yankees, Cardinals, Diamondbacks, Phillies, and Rangers are contenders who are in the hunt for relief help.
Here's some late-night linkage as the Rays and Red Sox head to extras in Tampa …
- The Rockies are drawing interest from trade suitors on outfielder Ryan Spilborghs and reliever Rafael Betancourt, and some teams have recently inquired about closer Huston Street, writes Tracy Ringolsby of FOXSports.com. Spilborghs is a free agent at season's end, while Betancourt and Street are both under contract through 2012 with options for 2013.
- The Pirates are looking for bats and have checked with the Athletics on Josh Willingham and Conor Jackson, according to Jerry Crasnick of ESPN.com (via Twitter).
- The Dodgers are getting "a lot of play" on right-hander Hiroki Kuroda, according to Tim Brown of Yahoo! Sports (via Twitter). Kuroda, however, has a full no-trade clause, and as we found out earlier today, some execs think he won't accept a trade to an East Coast team.