It is being reported from multiple sources that the Padres have acquired Colorado Rockies closer Huston Street for a player to be named later. The Padres will be the third major league team for the 28 year old from Austin, Texas. While Street posted a 3.86 ERA in 2011, his ERA outside of Coors field was a 2.19 in 29.1 innings, while posting a 25/4 (K/BB) ratio. Street is in the last year of a three year deal and is due $7.5 million, and has a $9 million player option for 2012 which may be bought out for 500K.
Although Moorad has been outspoken about incentive laden contracts, Street has the opportunity to earn some extra cash with the Padres this season. award bonuses: $0.1M each for MVP, WS MVP; $0.1M for Rolaids ($50,000 for 2nd-5th); $0.1M for Cy Young ($50,000 for 2nd-5th); $75,000 for LCS MVP; $25,000 each for All Star, Gold Glove.
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Year Age Tm Lg W L W-L% ERA G GS GF CG SHO SV IP H R ER HR BB IBB SO