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Rockies offer multiyear deals to Street, Barmes, Iannetta

Dec 7, 2009, 7:05 PM EST

Troy Renck of the Denver Post reports that the Rockies are waiting to hear back after offering multiyear deals to closer Huston Street, infielder Clint Barmes and catcher Chris Iannetta.
Street, who is just one year away from free agency, received a three-year offer. He made $4.5 million last season and is likely due to a bump to $7 million-$8 million next year after performing as one of the NL’s best closers in his first full year in Colorado. The Rockies would presumably need to offer at least $24 million over three years to get a deal done.
We’ve already gone over the Barmes situation. The Rockies’ proposal to him is likely for two guaranteed years with an option for 2012, his first year of free agency.
The offer to Iannetta is something of a surprise, given that he lost his job to Yorvit Torrealba during the second half of the season. Iannetta is still three years away from free agency, and considering that he was just a part-timer last season, he’d likely be giving up considerable earnings potential in return for some security now. It’d be in his best interests to do a one-year deal with an eye towards getting something longer done next winter.

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