Padres acquire RHP Huston Street and cash considerations from Colorado Rockies

DALLAS – The San Diego Padres today announced they have acquired right-handed pitcher Huston Street and cash considerations from the Colorado Rockies in exchange for a player to be named later. In addition, the club has designated outfielder Jeremy Hermida for assignment.  Executive Vice President/General Manager Josh Byrnes made the announcements.

"We're happy to add a proven closer,” said Byrnes. “Huston is coming off three straight 20-save seasons in this division. He is excited to be a Padre and we are glad to have solidified this position."

Street, 28, is 30-21 with 178 saves, a 3.11 ERA (151 ER/436.1 IP) and 441 strikeouts against 111 walks in 417 relief outings over seven Major League seasons with the Oakland Athletics (2005-08) and Rockies (2009-11). The Texas native has appeared in 60-or-more games in five of his seven Big League seasons.  In 2011, he went 1-4 with 29 saves in 33 opportunities, a 3.86 ERA (25 ER/58.1 IP) and 55 strikeouts against just nine walks over 62 relief appearances for Colorado. 

Originally selected by the Athletics in the compensation round (40th overall) of the 2004 First-Year Player Draft out of the University of Texas, Street became the first player from the 2004 Draft to reach the Big Leagues when he made his Major League debut on April 6, 2005 at Baltimore for Oakland.  After going 5-1 with 23 saves and a 1.72 ERA (15 ER/78.1 IP) in his first Big League campaign, he was named the 2005 American League Rookie of the Year by the Baseball Writers Association of America.  Since being acquired by the Rockies in November of 2008, he has posted a 2.59 ERA (21 ER/73.0 IP) in 74 outings on the road, including 10 scoreless outings at Petco Park.

Hermida, 27, was acquired by the Padres off waivers from the Cincinnati Reds on August 31, 2011.  In 20 games for San Diego last season, he hit .225 (9-for-40) with two doubles, one triple, one home run, six RBI and three runs scored.  Originally selected by the Florida Marlins in the first round (11th overall) of the 2002 First-Year Player Draft, the left-handed hitter has hit .257 (511-for-1988) with 103 doubles, eight triples, 65 home runs, 248 RBI and 246 runs scored in 619 games over parts of seven Major League seasons with the Marlins (2005-09), Boston Red Sox (2010), Oakland Athletics (2010), Reds (2011) and Padres (2011).