Rockies looking at Brad Lidge after dealing Huston Street

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The Rockies freed up $7 million this morning by sending former closer Huston Street to the Padres. Now they may use a portion of those funds to ink another ex-closer, Colorado resident Brad Lidge.

After overcoming arm problems, Lidge posted a 1.40 ERA in 19 1/3 innings for the Phillies last season. He also pitched two scoreless innings against the Cardinals in the NLDS. His velocity is well down following shoulder surgery, but by throwing his slider the majority of the time, he’s still proven pretty tough to hit. The league has batted .194 and .225 against him the last two years.

If signed, Lidge would help set up for Rafael Betancourt in Colorado. He’s probably looking for a guarantee in the $4 million range, with incentives that could take him above that.