Street, Betancourt sign multiyear deals

January 19, 2010 | 10:00 am | 6  

The Rockies agreed to multiyear contracts with relief pitchers Huston Street and Rafael Betancourt, FOXsports.com has learned, giving the Rockies 11 players signed to contracts that tie them to the Rockies through at least 2011.

And that doesn’t include manager Jim Tracy, who earlier in the offseason signed a three-year deal that FOXsports.com has learned has a $4.4 million guarantee.

Street, who is arbitration eligible and would have been able to become a free agent after the season, has agreed to a three-year deal with an option on a fourth year that guarantees him $22.5 million. The finalizing of the deal is pending Street undergoing a physical when he is in Denver this weekend for the Rockies fanfest. As a result of the delay both the Rockies and the Hendricks brothers, who represent Street, will file arbitration figures.

Betancourt, who returned to the Rockies after they declined his $5.4 million option for 2010, accepted the Rockies arbitration offer, but wound up agreeing for two years at $3.775 million a year.

The agreements come on the heels of the Rockies signing outfielder Ryan Spilborghs to a two-year, $3.8 million contract, and catcher Chris Iannetta to a three-year, $8.35 million deal this off-season.

Other Rockies with multiyear deals include first baseman Todd Helton and right-handed pitcher Aaron Cook through 2011 with club options for 2012; outfielder Brad Hawpe and left-handed pitcher Jeff Francis with club options for 2011; shortstop Troy Tulowitzki through 2013 with an option fro 2014, right-handed pitcher Ubaldo Jimenez through 2012 with options for 2013 and 2014, and right-handed pitcher Manny Corpas through 2011 with options for 2012 and 2013.

6 Comments »

  • roxnsox | January 19, 2010 | 10:48 am

    I like this! Street was fantastic all year (except when it counted most, but as others have pointed out, that’s an unfortunate small sample). I’m also glad about Betancourt and Spilly.

    When/where is the Rockies’ fanfest? Why don’t they publicize this? I’m on their mailing list.

  • Jerry R. | January 19, 2010 | 1:04 pm

    Good deal, glad they got all of these signings done.

    Roxnsox – fanfest is for season ticket holders only.

  • fred | January 19, 2010 | 4:40 pm

    I think Street ran into a dead arm period at the wrong time. Glad to have all the ducks linded up in a row. Now lets fill the gaps with some “QUALITY” players.

  • David Martin | January 20, 2010 | 1:13 pm

    I think it may be a little too much money for Street, but when was the last time a Rockies fan could complain that they gave someone too much money? So much for all of the “Monforts are cheap” talk. They want to win and it is clear that they will spend the money to make it happen.

  • Doctor_Christopher | January 20, 2010 | 7:32 pm

    Congrat to O’Dowd for getting these deals done. The club is quickly lining-up not just a solid line-up for 2010 but also 2011, fixing their costs, and communicating to the fans – you come, will give you a solid product. Can we officially declare the end of “the Monforts are cheapskates” line, especially after seeing even the Yankees go on a budget. Here is hoping that they can get a deal done with DLR as well before he hits FA next year. The Dodgers are stuck in budget limbo because of their owners divorce, the Pads who played well down the stretch just dealt one of the top players, the Giants are overspending on 30+ players. Right now I have to say that the Rocks along with the DBacks have had the best offseason, even if all it has been in signing our own talent.

    One month til pitchers and catchers report – now if they just get the silly little “Super Bowl” over with and we get the sports calendar onto important things:)

  • Brian | January 22, 2010 | 10:51 pm

    I think they’ve made some nice offseason moves. I thought they had to keep Bentencourt. I hated O’dowd at first for his dumb trades of Bard / Figgins for nothing, but the guy learned and has some real nice moves since. Nothing flashy, but the solid moves that tight budget teams have to do to remain competitive. This is the most positive I’ve felt in years (That probably means we’ll loose 90).