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Astros lock in Valverde for 1 year/$8 million

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KHOU is reporting that the Astros have signed Jose Valverde to an $8 million deal for next year.  Valverde projects to be a 2.2 WAR player, with a theoretical market value of $11 million.  This seems like a solid signing, and a good way to avoid arbitration on him.

It would have been nice to see a two year deal for the same, or near the same, kind of money just to stave off Wade hitting the market for an overpriced closer next year, but I assume that just wasn't an option.