By Matt Snyder
DALLAS -- The San Diego Padres have acquired closer Huston Street from the Rockies in a trade, the Rockies announced on their official Twitter feed. CBSSports.com's Danny Knobler has learned it is for a player to be named later. The move marks a salary dump for the Rockies, as the Padres will pay the majority of Street's $7.5 million in 2012.
The biggest factor in the Rockies making this move was clearing salary to go after starting pitching, Scott Miller of CBSSports.com notes. Just to throw a name out there, the Rockies were said to be interested in free agent Roy Oswalt earlier this offseason.
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Street, 28, has been closing games since winning AL Rookie of the Year back in 2005 for the A's. In seven seasons, he has 178 career saves. He had 29 saves in 33 chances in 2011 with a 3.86 ERA and 1.22 WHIP with 55 strikeouts in 58 1/3 innings.
Street will definitely benefit from the change in locale. He has a career 4.11 ERA in hitter-friendly Coors Field. In a small sample of 11 1/3 innings, Street has never allowed an earned run in San Diego's spacious Petco Park.
As far as the Rockies' closing situation, they feel comfortable with having Rafael Betancourt take over. The 36-year-old right-hander had eight saves with a 2.89 ERA, 0.87 WHIP and 73 strikeouts in 62 1/3 innings last season.
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