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Rockies, Matt Lindstrom avoid arbitration with two-year deal

Jan 17, 2011, 3:39 PM EDT

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After acquiring Matt Lindstrom from the Astros last month the Rockies have avoided arbitration with the right-hander by signing him to a two-year deal with a team option for 2013.

The contract buys out Lindstrom’s final two seasons of arbitration eligibility while giving the Rockies an option on his first year of free agency. Troy Renck of the Denver Post reports that he’ll get $2.8 million in 2011 and $3.6 million in 2012, with a $4 million option or $200,000 buyout for 2013.

Lindstrom has averaged 96.3 miles per hour with his fastball during the past three seasons, which ranks third in baseball, but Brandon Lyon overtook him for the closer job in Houston last year and he has a mediocre 4.00 career ERA with 7.5 strikeouts per nine innings.

He’ll serve as one of Huston Street‘s setup men in Colorado.

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