11:38pm: FoxSports.com's Jon Paul Morosi says that the Brewers have interest in Betancourt, "but their offer is unlikely to be big enough to persuade him to refuse salary arbitration with the Rockies." Morosi adds that interest in Betancourt has declined sharply after he was offered arbitration, as teams are unwilling to give up a draft pick to sign him.
6:08pm: Tracy Ringolsby of FoxSports.com reports that free agent reliever Rafael Betancourt is "ready to accept the [Rockies'] offer of arbitration." Betancourt is a Type-A free agent, so a team would have had to forfeit a high draft pick to sign him.