• Most Popular
  • Most Shared

A look back at sports

Valverde inks $8 million deal to stay with Astros

HOUSTON
Mon Jan 12, 2009 10:43pm EST

HOUSTON (Reuters) - Right-hander Jose Valverde, who led the National League with 44 saves last season, has signed a one-year, $8 million contract to stay with the Houston Astros, the National League team announced on Monday.

Sports

"Jose is a key component of our club, and we're very pleased to get this deal done," Astros general manager Ed Wade said in a statement on the team's website (http:/houston.astros.mlb.com).

"Having the closer who has led the league in saves for two years in a row creates a lot of certainty in the back end of our bullpen," Wade added.

"Jose has established himself as one of the game's dominant closers and should be able to maintain that status for a long time."

The 29-year-old Valverde tied the team record with his 44 saves. He posted a 6-3 record with a 3.38 earned run average in a career-high 74 appearances.

Also agreeing to terms on Monday was Milwaukee Brewers shortstop J.J. Hardy.

Hardy signed a one-year, $4.65 million deal and avoided arbitration, Major League Baseball reported on its website (www.MLB.com).

Hardy, 26, hit .283 with 24 home runs and 74 runs batted in last season to help the Brewers win the National League wild card.

(Reporting by Gene Cherry in North Carolina; Editing by Martin Petty)



More from Reuters

Photo

Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article