Luke Gregerson to Astros: Latest Contract Details, Reaction and Analysis

Mike Chiari@mikechiariFeatured ColumnistDecember 10, 2014

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The Houston Astros made a big splash in free agency Wednesday by reeling in one of the most sought-after relievers on the market in Luke Gregerson.

According to Bob Nightengale of USA Today, the 'Stros and Gregerson reached an agreement that will pay him more than $6 million per season over three years:

Nightengale also provided a yearly breakdown of the contract:

As ESPN's Buster Olney notes, the Astros signed multiple skilled relievers Wednesday, overhauling their bullpen over the course of 24 hours:

The 30-year-old righty was among the preeminent setup men in baseball last season, as he posted a 2.12 ERA in 72 appearances for the Oakland Athletics. He previously spent five campaigns with the San Diego Padres, and he boasts a sparkling career ERA of 2.75.

Gregerson has filled in at closer at various points throughout his career, but he has almost exclusively been a setup reliever. It remains to be seen how Houston will utilize him; however, it should be noted that incumbent closer Chad Qualls remains on the roster.

It seems as though the Astros are still a long way from contention, but adding an elite bullpen piece like Gregerson will undoubtedly give Houston a chance to win more close games than it has in recent years.

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