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Padres get Huston Street from Rockies to replace Heath Bell

Dec 7, 2011, 1:43 PM EDT

Huston Street Getty Getty Images

UPDATE: Thomas Harding of MLB.com reports that it’s a done deal, with the Padres assuming “most” of Street’s contract and sending the Rockies a player to be named later in exchange.

UPDATE: According to Joel Sherman of the New York Post the Rockies are eating $1 million of Street’s salary.

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Colorado is having “extensive talks” with San Diego about reliever Huston Street, according to Buster Olney of ESPN.com.

Troy Renck of the Denver Post has repeatedly reported that the Rockies are looking to trade Street and might even be willing to eat the majority of his contract to get a decent prospect in return for the former closer.

Olney describes the talks as “ongoing” and Street has been linked to several other teams at various points this month, with the Rockies now preferring Rafael Betancourt in the ninth inning.

He’s pricey at $7.5 million with a $9 million option or $500,000 buyout for 2013, but Street is still just 28 years old with a 3.11 career ERA that includes a 3.50 ERA and outstanding 170/33 K/BB ratio in 167 innings for the Rockies. Toss in the fact that going from Coors Field to Petco Park would solve his issues keeping the ball in the ballpark and Street could really thrive in San Diego as Heath Bell‘s replacement.

  1. hansob - Dec 7, 2011 at 11:31 AM

    Didn’t the Twins just trade Kevin Slowey to the Rockies for a PTBNL and sign Matt Capps for $5M? If the Rockies are kicking in even $1M, that’s only an extra $2.25M to instead trade Slowey for Street, and let Capps go. AND get that compensatory pick.

    Seems like a misfire by the Twins.

    • Bryz - Dec 7, 2011 at 11:40 AM

      Twins were sold on Capps because he was familiar and they thought he could pitch better next season. As for the Rockies, they now get 2 players (Slowey and the PTBNL) by doing these 2 separate trades, instead of rolling it into one and getting only Slowey.

      Perhaps the Twins did try to get Street, but I could see the Rockies declining it so they could get their 2 players instead of 1.

      • hansob - Dec 7, 2011 at 11:54 AM

        they are giving up a PTBNL in the Street deal, though, too. Now not all PsTBNL are created equally, but it’s a 2 for 2 from the Rockies standpoint.

    • sknut - Dec 7, 2011 at 11:46 AM

      I agree, I wanted the Twins to go after Street. Couldn’t they have done two transactions so the Rockies got Slowey and a PTBNL.

      The Capps signing isn’t horrible but I would have wished they went in a different direction such as Street.

  2. b7p19 - Dec 7, 2011 at 11:52 AM

    Well, I guess it’s better than paying $9 mil to a 36 – 38 year old Heath Bell. Still i’m not sure why a closer is really a top priority. Let’s try to make some moves to get to the ninth with the lead and worry about locking it down later…

    • b7p19 - Dec 7, 2011 at 11:54 AM

      The good news is it’s really just a 1 year $7.5 mil deal (minus whatever the Rockies are kicking in). There wasn’t a whole lot they could do with that money anyway. Seeing $7 mil coming off the books next year will be nice.

  3. micker716 - Dec 7, 2011 at 7:50 PM

    Good move by the Pad’s. 6-7 mil. is a lot of money for a closer on a rebuilding (and cheap) team, but they’re only locked in for 1 year. It gives them the chance to find out if one of the younger guys (Gregorson, Frieri, Brach, Quackenbush, etc.) is the long term answer.

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