The Rockies and Rafael Betancourt have agreed to a contract extension, reports Enrique Rojas of ESPN Deportes. The deal guarantees his $4.25MM mutual option for 2013, and adds an option at the same salary for 2014. The Octagon client will earn $4MM in 2012 as part of his current contract.
Lots of good bullpen moves by Colorado this offseason... I like it