Baseball: AP sources: Street, Betancourt agree with Rockies

DENVER - The Colorado Rockies reached preliminary agreements on multiyear contracts with relievers Huston Street and Rafael Betancourt on Tuesday, according to people familiar with the negotiations.

Street will get $22.5 million over three years and Betancourt $7.55 million over two seasons, the people said, speaking separately. They spoke to The Associated Press on condition of anonymity because the agreements were not yet final.

Foxsports.com first reported the deal with Street, and The Denver Post reported the Betancourt deal.

Colorado also agreed to a $3.25 million, two-year deal with outfielder Ryan Spilborghs and a $1.9 million, one-year contract with pitcher Jason Hammel.

All four were eligible for salary arbitration.

Street solidified the Rockies' bullpen last season by saving 35 games in 37 chances. He stumbled against Philadelphia in the playoffs, though, taking a pair of losses.

The right-hander missed the final month of the regular season with soreness in his biceps tendon, but said that played no role in his postseason failures.

Betancourt became a key setup man for the Rockies after he was acquired in a deal with Cleveland on July 23. He went 3-1 with a 1.78 ERA in 32 appearances for Colorado, helping the team earn the NL wild card. He allowed one run in 2 1-3 innings against the Phillies in the postseason.

Hammel was picked up from Tampa Bay in a trade last April for a minor league pitcher and finished 10-8 with a 4.33 ERA. The 27-year-old righty was one of five Colorado starters to win at least 10 games in 2009.

Spilborghs appeared in 133 games last season, playing all three outfield spots. He hit .241 with 24 doubles and eight homers, including the first game-ending grand slam in team history that capped a 14-inning affair against San Francisco on Aug. 24.

Spilborghs will make $1.3 million in 2010 and $1.95 million in 2011.

The Rockies agreed to deals last week with starting pitcher Jorge De La Rosa, second baseman Clint Barmes and reliever Taylor Buchholz.