Padres get Huston Street from Rockies to replace Heath Bell

UPDATE: Thomas Harding of MLB.com reports that it’s a done deal, with the Padres assuming “most” of Street’s contract and sending the Rockies a player to be named later in exchange….

Olney describes the talks as “ongoing” and Street has been linked to several other teams at various points this month, with the Rockies now preferring Rafael Betancourt in the ninth inning.

He’s pricey at $7.5 million with a $9 million option or $500,000 buyout for 2013, but Street is still just 28 years old with a 3.11 career ERA that includes a 3.50 ERA and outstanding 170/33 K/BB ratio in 167 innings for the Rockies. Toss in the fact that going from Coors Field to Petco Park would solve his issues keeping the ball in the ballpark and Street could really thrive in San Diego as Heath Bell‘s replacement.