San Diego Padres closer Huston Street, who has been having an excellent, if under-the-radar season (0.91 ERA, 0.64 WHIP, 17 saves, no blown saves), could have been considered an attractive trade acquisition by any one of a number of teams.
Huston Street, Padres Agree On Contract Extension
The Padres closer is having an excellent season; now he’s locked up for at least two more years.


That won’t happen, not after this announcement by the Padres Sunday morning:
#Padres and Huston Street agree on a 2-year deal for $14m with club option for 2015 worth $7m. Details soon at Padres.com
— Follow The Padres (@FollowThePadres) July 29, 2012
Street is making $7.5 million this season -- a relative bargain compared to certain other closers who aren’t doing nearly as well. He and the team had a mutual option for $9 million for 2013; that’s been scratched, presumably in exchange for the security of the multi-year deal.
Street doesn’t get as much attention as some other closers who pitch in bigger markets or for better teams than the Padres. But it can be argued he’s been the best closer in baseball this season, and healthy as well. At 28, he could still be a key part of a rebuilt Padres team in a couple of years; this is a good signing, and -- at least for now -- takes him off the trade market.
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