Rockies, Rafael Betancourt agree

Updated: January 30, 2011, 3:56 PM ET
By Enrique Rojas | ESPNdeportes.com

Rafael Betancourt and the Colorado Rockies have agreed to extend the contract of the Venezuelan reliever until 2012, with a mutual option for 2013, a source told ESPNdeportes.com.

The deal will become official when Betancourt undergoes a physical, which will occur when Colorado opens spring training.

Betancourt, who was already signed for $ 3.77 million for 2011, will earn $ 4 million in 2012 and could guarantee a salary of $ 4.25 million next season if both parties execute the option. ...

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