The Padres just announced that they have agreed to terms with Huston Street on a contract extension through the 2014, with a club option for 2015.
Terms of the agreement have not been officially disclosed, but it is believed the deal is for $7M per year.
In 31 outings for San Diego this year, the 28 year old Steet is 2-0 with a 0.91 ERA, 17 saves in 17 chances, a .112 (11-for-98) opponents batting average and 39 strikeouts against eight walks. The right-hander was selected as the Padres representative for the 2012 National League All-Star team, his first career All-Star selection. His current streak of converting 17-consecutive save opportunities to start this year is the longest active streak in the National League while his perfect save percentage leads all Big League closers. He’s been especially effective in his 29 career outings at Petco Park, going 2-0 with a 0.33 ERA, and converting 15 of 16 save opportunities.
By agreeing to the deal Street chose not to go out into the free agent market this off season, took the onus off the Padres to try to move him before the trade deadline, and provided the padres with some security of knowing they have an experienced closer at the back end of the ‘pen for the next couple of years. The relatively short 2 -year term of the contract protects the Padres from being handcuffed should an injury curtail Streets ability to perform as effectively as he has for the pads so far this season.
Congratulations to the Padres and Huston for agreeing to a deal that will hopefully keep the back end of the bullpen in dependable hands at least through 2014!
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