The Angels have agreed to a two-year extension with closer Huston Street that includes a club option for 2018, the club announced. The deal guarantees Street $18MM, including a $1MM buyout on the option year, per Bill Shaikin of the Los Angeles Times (via Twitter).
Street had been representing himself in negotiations, but brought on agent Alan Hendricks to handle talks when the season started. He was set to reach the open market after the season, but will instead be controlled through his age-34 campaign. The option is valued at $10MM, Jon Heyman of CBSSports.com reports (Twitter link). Street will earn approximately $8MM next year and $9MM in 2017, according to Jeff Fletcher of the Orange County Register (via Twitter).
Street, 31, has long been a quality back-end arm, though his flawless early start to the year has given way to a few less-than-perfect outing of late. On the year, he owns a 3.29 ERA with an excellent 9.9 K/9 against a somewhat uncharacteristic 3.3 BB/9.
All said, Street has produced as expected since coming to the Halos via trade last year. In 2014, between the Padres and Angels, Street worked to a 1.37 ERA over 59 1/3 frames, striking out 8.6 and walking 2.1 batters per nine in the process.
Never highly reliant on velocity, Street has maintained his average fastball in the upper eighties in recent seasons. Though he has missed a few games here and there with minor issues in the last few seasons, Street has not been troubled of late with the arm issues that cropped up at times earlier in his career.
The contract looks to be a solid investment for a Los Angeles club that has benefited greatly from Street’s presence in the 9th inning. It lines up rather closely with the two-year, $18MM contract agreed to by the Red Sox and Koji Uehara just before he would have reached free agency last fall. Street is much younger, albeit somewhat less dominant in terms of his strikeout history, and also gives a potentially useful option to Los Angeles.
Street and the Angels have long been said to be discussing an extension, and it seemed as if the groundwork was laid for a deal to get done. While it is probably too much to say that the recent Josh Hamilton deal spurred this investment, it certainly did not hurt that the Halos were able to clear some space under the luxury tax going forward.
Photo courtesy of USA Today Sports Images.
Nice deal for the Angels.
now I hope there is money left to add another bullpen arm, I also see them extending richards and calhoun down the road
Of course there is. Street’s deal doesn’t kick in until next season so the money they had to work with for in season additions this year stays the same.
but who would they have to give up to get those pieces, I saw somebody write an article that the angels should trade for tulo I laughed so hard, they would have to give up newcomb heaney and tropeano to get him, and prolly aybar. thats not going to happen, the angels don’t need him. they should add a bullpen arm, and maybe adam lind or ethier from the dodgers
Lind and Ethier are more realistic, but how many times have fans laughed at the idea of the Angels getting this big name or that big name, and then it happened? Honestly they wouldn’t have to give up much more than Aybar because he’s about second or third in WAR among MLB SS’s since 2011. They’d basically be trading nearly equal value on the whole. Hard to believe but it’s true. It would still take a couple of prospects in addition though. Perhaps a Tropeano. But I don’t think they’d have to trade the farm if Aybar is the center piece. Heck they could even include Iannetta as a throw in. They may even be able to get Ethier in addition by trading salary. My gut has told me for a long time that Tulo and Ethier would end up with the Angels at some point. Don’t know why.
Well I would say that about Ethier because the angels are looking for a left handed bat I think, him and Lind would be good fits, and tulo just got hurt tonight, Again.
I’m actually surprised he doesn’t have more career saves. He’s been closing for a long time (not that reaching 300 now is bad at all)
He has a bit of an injury history, so he’s missed some time.
Was Huston Street acting as his own agent here?
He was until Spring Training ended. Once the season started, he enlisted his former agent, Alan Hendricks, to handle any further negotiations because he didn’t want to trouble himself with the contract talks during the season.
Smart move. Thanks Steve
Might be time for Arte to see a Neurologist.
A very reasonable contract IMO. Works out well for both sides.
A great sign for the angels, they needed to get him locked up
That’s a great deal! Like I’ve been saying, Street is awesome, but the Angels had no reason to give him Andrew Miller money. Both sides are protected in this deal. Street gets his money and the Angels get another 2 seasons of a top level closer, with only a two year commitment should injuries take away his ability.
By that time I think Cam Bedrosian will be ready to take over or as a set up man down the road
Good deal for both. Wasn’t a fan of the original terms that were being floated (somewhere in the neighborhood of Miller/Robertson that also would have changed this year’s modest salary).
He’s now on basically a 3/$25M deal through 2017 or a 4/$34M if the option is exercised. That seems entirely reasonable for both sides. If anything, the Angels came out slightly ahead on this one.
I was expecting the Angels to wait it out. Street is good, but Chapman is exceptional. I don’t see Street getting more than that on the open market, so I don’t think he took a discount to stay.
You think he couldn’t have topped a 2/18 deal with an option attached? That’s a very team friendly deal.
Nathan only got 2/20 and was more highly regarded at the time.
I think that’s an opinion. Nathan was much older when he hit FA and has never had Street’s efficiency in converting saves.
Your saying it’s a team friendly deal is also an opinion. That’s what this site is for. Street, when healthy, has always put up good numbers. The key term is “when healthy”. Teams never know what will happen with a pitchers arm. They seem less likely to pay top dollar when the history is there. I see him getting market value, no discount. Had he become a FA and insisted on more, he may well have been next year’s Soriano.
“When healthy” is the key term for all players. Any one of them can have a career threatening injury at any time.
Naturally. The reputation for injury does effect the price though.
He would have gotten more than that if he was a free agent after last season.
I believe the trend has been to not pay for bullpen arms. K-rod and Grilli both ended up taking below market deals. Robertson and Miller were the only 2 that got the elite dollars. Soriano is still waiting. I feel Street got the best deal he would have. No discount was given. The next time he goes on the DL, think about how team friendly the deal is.