Rox decline Betancourt’s option but talks still open

The Rockies have turned down the $5 million option for 2010 for right-handed pitcher Rafael Betancourt, but will continue to negotiate toward a deal. The Rockies could be covered if they don’t re-sign him, however. If they offer him arbitration and he signs elsewhere, they’ll receive two early picks in the 2010 MLB First-Year Player Draft because he is a Type A free agent.

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