Rockies sign Betancourt to two-year contract extension

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According to Enrique Rojas of ESPN Deportes, the Rockies have reached agreement on a two-year contract extension with reliever Rafael Betancourt.  The deal also carries a club option for 2013.

Betancourt, 35, has been one of the most reliable setup men in baseball for the past several seasons, especially recently in Colorado.  Since coming over from the Indians in the summer of 2009, the right-hander has posted a 3.08 ERA, 0.94 WHIP and 118 strikeouts in 87.2 innings.

He will make $3.77 million this season, $4 million in 2012, and that option is worth $4.25 million or a $250,000 buyout.  According to Steve Adams of MLB Trade Rumors, who did some translating of Rojas’ article, the total worth of the new deal is $8.02 million.

It’s rarely wise to shell out multi-year contracts to relievers, but Betancourt is a good one and probably worth the risk.  He will handle the eighth inning behind closer Huston Street this season for the Rox.

Report: Phillies interested in Manny Machado; Orioles have done homework on Phillies’ minor league system

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Orioles third baseman Manny Machado will become a free agent after the 2018 season and there hasn’t been much in the way of progress on a contract extension between the two sides. It seems as if Machado will test the open market next offseason.

The Phillies, currently with relatively minuscule obligations for the 2018 season and beyond, are expected to be big players for Machado, as well as other potential free agents like Bryce Harper. In fact, the Phillies may not even want to wait until next offseason, as Roch Kubatko of MASN reports that the club has expressed interest in Machado to the Orioles. In return, the O’s have been doing their homework on the Phillies’ minor league system.

Kubatko notes that the Orioles like, in particular, Phillies prospects Sixto Sanchez and Scott Kingery. The Phillies may be hesitant to part with either considering they can get Machado for a lot of cash but no prospects next winter. MLB Pipeline rates Sanchez as the Phillies’ best pitching prospect and the second-best prospect overall in the system. Kingery is third overall and the top infielder. While the Phillies’ system is among the best in baseball, its notable weakness is pitching, so parting with Sanchez — who throws in the upper 90’s and can hit triple digits — would be a big ask. Kingery is seen as the club’s next second baseman of the future, so much so that the Phillies are shopping Cesar Hernandez at the Winter Meetings.

As usual with rumors during the Winter Meetings, there may be some smoke but no actual fire here. The Orioles are likely to get continued interest in Machado from many teams between now and the July 31 non-waiver trade deadline. They are simply doing their due diligence by seeing what the Phillies and others have to offer for Machado.