Rockies signed RHP Huston Street to a three-year, $22.5 million contract extension with a $9 million player option for 2013.
The player option sounds scary, but it essentially works as a mutual option under the terms of this agreement. If Street exercises it, the Rockies can buy him out for $500,000. The 26-year-old right-hander will earn $7.2 million in 2010, $7.3 million in 2011 and $7.5 million in 2012. It's a hefty commitment, but Street amassed a 3.06 ERA, 0.96 WHIP and 35 saves in 37 chances last season, so he should prove to be a worthy investment if he stays healthy. Fantasy owners should have no hesitation in selecting him among the first tier of closers on draft day. |