UPDATE: The Padres have a deal with Joaquin Benoit

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UPDATE: Jeff Passan says a deal is done, pending a physical. No word on the cash, but figure between $7-9 million a year for two years.

8:48 AM: The Padres have a closer in Huston Street who saved 33 games last year and who will make $7 million this year. But who says you only have to have one closer?

Or, for that matter, who says Benoit is hell-bent on remaining a closer? It’s not like he’s had the job forever. He’s used to setup work. Also: if you’re the Padres, this could work out as a flip-a-closer-at-the-deadline situation.

At last report, Benoit was seeking roughly Huston Street money.