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Astros' Oswalt avoids arbitration, agrees to two-year contract

HOUSTON -- Right-hander Roy Oswalt and the Houston Astros avoided arbitration by agreeing Thursday to a two-year, $16.9 million contract.

Oswalt, who had a hearing date next week, had asked for a raise from $3,425,000 to $7.8 million and was offered $6 million by the Astros. He won career-high 20 games last season.

"Roy established himself as one of the best pitchers in the game in 2004," Astros general manager Tim Purpura. "He has been a vital part of our success on the mound for the last four years, and we look forward to his continued success in an Astros uniform."

Oswalt went 20-10 with a 3.49 ERA last season. He was the eighth Astros pitcher to win 20 in a season and had two shutouts. He also struck out 206 batters.

In four seasons with Houston, Oswalt is 63-27 with a 3.11 ERA in 120 games.

Copyright 2012 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
 
 
 
 
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