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Padres To Extend Huston Street

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Huston Street is off of the trade market and in the Padres' long-term plans. The team agreed to sign the 28-year-old right-hander to a two-year extension that includes a club option for 2015. The contract between the Padres and the Hendricks Sports client will be worth $14MM and the '15 option will be valued at $7MM, MLB.com's Corey Brock reports.

Huston Street - Padres (PW)

“Huston is an established closer and has proven to be a valuable leader and teammate,” GM Josh Byrnes said in a press release. “We are very excited to have him be part of this organization going forward.”

The Padres worked to lock Street up this week and were prepared to trade him if an extension didn't seem possible. Street's previous contract included a $9MM mutual option for 2013 ($500K buyout). He would have been a free agent following the 2012 season unless both sides had exercised the option.

Street has a 0.91 ERA with 11.8 K/9, 2.4 BB/9 and a 40% ground ball rate in 29 2/3 innings for the Padres this year. He has a 2.97 ERA with 9.3 K/9, 2.3 BB/9 and a 38.1% ground ball rate in eight seasons with the Athletics, Rockies and Padres. 

Street earns $7MM per season in 2013-14 and there's no buyout on the 2015 option, ESPN.com's Buster Olney reports (on Twitter). His $7MM salary will now represent a substantial portion of the Padres' payroll — $55.6MM entering the 2012 season.

This marks the second time in eight days that Byrnes has signed a potential trade candidate to a multiyear extension. The Padres agreed to sign Carlos Quentin to a three-year, $30MM extension one week ago today. Street, Quentin and Cameron Maybin now represent the Padres' largest financial commitments for 2013 and beyond.

Photo courtesy of US Presswire.

Quick Hits: Padres, Victorino, Red Sox, Liriano

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ESPN's Buster Olney says (on Twitter) that one NL official called Saturday the calm before the trade deadline storm. Hanley Ramirez and Zack Greinke have already been traded, but there are still nearly three full days to go before the deadline. Here's the latest from around the league..

  • The Padres are leaning towards keeping Chase Headley and Huston Street unless the market changes considerably in the next few days, reports ESPN's Jim Bowden (on Twitter).
  • The Phillies are suggesting to interested teams that they may still sell Shane Victorino and other pieces, but also may wait right to the deadline tweets Danny Knobler of CBSSports.com.
  • The Red Sox are willing to deal from their bullpen and outfield surplus in order to upgrade their starting rotation, sources tell Jon Paul Morosi of FOX Sports (via Twitter).
  • Neither Francisco Liriano or the Twins pursued an extension for the left-hander (Twitter link), GM Terry Ryan told reporters (including MLB.com's Rhett Bollinger). The White Sox acquired Liriano earlier tonight.
  • Before Marco Scutaro was traded to the Giants, the Yankees and Athletics also tried to acquire the veteran, tweets Jon Paul Morosi of FOX Sports.

Mike Axisa contributed to his post.

West Links: Headley, Scutaro, Rockies, Rangers

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Hanley Ramirez has been a Dodger for all of four days, but he's already hit a game-winning homer against the rival Giants. Here's the latest from Hanley's new division and its AL counterpart…

  • Chase Headley of the Padres is coveted by the Athletics, Orioles, and Indians, reports Jon Heyman of CBSSports.com (Twitter links). It doesn't appear as though Oakland is a match for the San Diego third baseman, however.
  • The Giants will pay $1.75MM of Marco Scutaro's contract according to Heyman (on Twitter), leaving the Rockies on the hook for just $500K or so. Troy Renck of The Denver Post notes (on Twitter) that Colorado has saved $2.8MM by trading Scutaro and Jeremy Guthrie.
  • The Rangers need help at backup catcher according to Nick Cafardo of The Boston Globe, and he reports that they had scouts in attendance to possibly watch Kelly Shoppach tonight (on Twitter).

New York Notes: Headley, Mets, League, Yankees

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A look at the latest out of Queens and the Bronx..

  • A source tells Ken Rosenthal of FOX Sports (via Twitter) that Padres third baseman Chase Headley is not out of question for the Yankees.  Headley could play at third until Alex Rodriguez and could replace Nick Swisher if he leaves via free agency next year, Rosenthal tweets. 
  • The Yankees and Padres haven't exchanged names in Headley talks, tweets Joel Sherman of the New York Post.
  • Although Mets GM Sandy Alderson is fielding calls for Tim Byrdak and Scott Hairston, he is more likely to retain the pair, a person familiar with the club's thinking told Andy Martino of the New York Daily News. 
  • Martino adds that the Mets have inquired on Mariners righthander Brandon League, according to a baseball source, but their interest in him and other high-profile relievers has fizzled.  That source expects a quiet few days from the Mets as the deadline approaches.
  • Before the Mariners traded Ichiro to the Yankees, they were deep in talks with the Giants and White Sox, according to Buster Olney of ESPN.com (via Twitter).
  • The outfielder liked the idea of playing for the Giants, Henry Schulman of the San Francisco Chronicle adds (via Twitter).

Quick Hits: Headley, Fire Sales, Draft Picks

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With such notable names as Zack Greinke, Wandy Rodriguez and Hanley Ramirez already dealt, what other big moves could see as we head into the last weekend before the trade deadline?  Here are a few items to kick off Saturday…

  • The Padres have sent three officials to watch the Orioles over the last two weeks, with senior VP Omar Minaya in attendance at Camden Yards for Friday's Athletics/Orioles game at Camden Yards, according to Dan Connolly of the Baltimore Sun.  Of course, Minaya could have also been watching the visitors, given that both Oakland and Baltimore are two of the top suitors for Chase Headley.
  • Would-be contenders aren't shying away from dealing away major pieces in an effort to start fresh, opines MLB.com's Terence Moore.  "Trades also are now more about trading contracts than trading players, which is part of the bottom line: People in baseball are looking for ways to control those payrolls and budgets," says SiriusXM Radio's Steve Phillips.
  • The new CBA rules prohibiting draft pick compensation for teams who acquire "rental players" is having an impact on the deadline movement, writes MLB.com's Paul Hagen.
  • The Chiba Lotte Marines announced the acquisitions of left-hander Wil Ledezma and right-hander Doug Mathis, according to a Sponichi news report (passed on by Patrick Newman of NPB Tracker).  Ledezma, 31, signed a minor league deal with the Dodgers last winter but posted a 6.99 ERA in 38 relief appearances at Triple-A Albuquerque.  The nine-year Major League veteran pitched five games for the Blue Jays in 2011.  Mathis, 29, last appeared in the Majors with the Rangers in 2010 and had previously signed a minor league deal with the Red Sox in January.

Stark On Headley, Braves, Marlins, Reds

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The Athletics, Orioles, Pirates and Indians are pursuing Chase Headley most aggressively, ESPN.com’s Jayson Stark reports. The Pirates and Indians seem less motivated to complete a deal now, but the A’s and Orioles haven’t backed off. The Diamondbacks, Phillies and Yankees checked in on Headley, and the Dodgers were seriously interested until they traded for Hanley Ramirez. Here are the rest of Stark’s rumors…

  • The Braves are telling teams they’re shifting their focus away from the rotation to possible bullpen and bench upgrades, Stark reports.
  • The Marlins are working hard to trade Carlos Zambrano and Carlos Lee, Stark writes. Ricky Nolasco is also available.
  • The Rangers are mainly focused on Zack Greinke and James Shields, but the odds of a trade involving Shields are diminishing because Evan Longoria is on his way back to the Rays’ lineup.
  • The Cubs are offering to absorb all but $2MM of Alfonso Soriano’s contract, Stark writes. The left fielder earns $18MM per season through 2014 and the Cubs might take it all on for the right prospect.
  • The Phillies are still considering trading Shane Victorino, but they are likely to wait a few days before making a decision on his future.
  • The Padres have told teams they are likely to trade Huston Street if they can’t sign him to an extension. The Padres are expected to attempt to lock Street up to a one-year extension.
  • Reds GM Walt Jocketty "feels a need to do something" and has asked around for a middle-of-the-order hitter, Stark reports.

Quick Hits: Gregerson, Rangers, Indians, Escobar

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As usual, the market for relievers is developing late.  One name to watch, according to Jon Paul Morosi of FOX Sports (via Twitter) is Padres right-hander Luke Gregerson.  The 28-year-old could appeal to clubs as he has a 3.05 ERA with 9.5 K/9 and 2.6 BB/9 on the year.  While Gregerson could be a valuable trade chip for San Diego, the Mets reportedly turned down a proposal that would have sent Gregerson to Queens for Daniel Murphy.  Here's a look around baseball as we burn the midnight oil on MLBTR..

  • One AL scout told Joel Sherman of the New York Post that if he were a betting man, he'd put his money on the Rangers landing Zack Greinke.  Meanwhile, if the Rangers or Angels land Greinke, the Rays could get the other club to overpay for James Shields.
  • After talking with Indians GM Chris Antonetti, Jordan Bastian of MLB.com (via Twitter) believes that the Tribe is looking to add or stand relatively pat at the deadline rather than sell.
  • Yunel Escobar's clubhouse reputation has been a red flag for some teams and is hurting his market value, tweets Buster Olney of ESPN.com.  The A's have been linked to the shortstop but are lukewarm on him as they are wary of disrupting their locker room atmosphere.

NL East Notes: Reyes, Bonifacio, Murphy

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The Marlins appear to have set an extremely high asking price for Josh Johnson, Jon Heyman reported today. Here’s the latest on the Marlins and their NL East rivals…

Crasnick On Athletics, Broxton, Francoeur

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The latest rumors from ESPN.com’s Jerry Crasnick…

  • The Athletics have discussed Jimmy Rollins and Chase Headley as possible upgrades for the left side of their infield, Crasnick reports (Twitter links). However, Rollins' salary would be difficult to fit into Oakland's budget and the Padres' asking price for Headley remains high. The A's seem lukewarm on Yunel Escobar, Crasnick writes. They aren't sure how he'd fit in their clubhouse dynamic. 
  • Jonathan Broxton is the most likely Royal to be traded, ESPN.com’s Jerry Crasnick reports (all Twitter links). The Royals want young starting pitching for Broxton, and they’re looking for pitchers who are close to MLB-ready — not Class A types. 
  • Meanwhile, Jeff Francoeur’s trade value is negligible because he’s not producing at the plate.

Stark On Greinke, Headley, Indians, Wells

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The market for Zack Greinke appears to consist of the Rangers, Angels, White Sox and Braves, ESPN.com’s Jayson Stark reports. Rival teams say the Red Sox, Blue Jays and Dodgers aren’t involved on Greinke, and the Indians and Orioles have limited interest in pitchers headed for free agency, Stark writes. Here are more notes from Stark:

  • The Yankees are exploring their third base options with Alex Rodriguez out, Stark reports. Marco Scutaro could be an option for New York.
  • There’s an expectation that Chase Headley will be traded, but the Padres continue saying they’re happy to keep him, Stark writes.  One team says the Padres are looking for a Mat Latos-like return if they trade the third baseman.
  • The Phillies are looking for a proven, young setup reliever and a young outfielder or third baseman for Victorino, Stark reports. They’ve asked about relievers Brad Lincoln, Wade Davis and Logan Ondrusek in trade talks.
  • It’s already been a busy month for the Astros, but they’re still willing to consider trades for anyone but Jose Altuve.
  • The Indians and Cardinals have talked to the Rays about James Shields, Stark reports.
  • The Angels are telling teams they’d rather trade Vernon Wells than keep him when he returns from the disabled list. They’re looking for a trade partner and saying they don’t want to eat all of his salary, Stark reports. It’ll be challenging to find a taker for Wells’ salary; he earns $21MM per season through 2014.
  • The Indians aren’t likely to deal Chris Perez or Shin-Soo Choo, but they’ll listen on either player.
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