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Both acquisitions were made possible by dealing Kevin Millwood. The Rangers sent Millwood to the Orioles for Ray and a player to be named later at the Winter Meetings. The player to be named could be the third pick in Thursday's Rule 5 Draft. Texas will also pick up $3 million of Millwood's $12 million salary for 2010, leaving it with a savings of about $7 million. The Rangers will use that money to sign Harden to a one-year deal worth $7.5 million with an $11.5 million option for 2011. |
The Rangers added right-handed reliever Chris Ray to their bullpen on Wednesday and are on the verge of signing free agent right-hander Rich Harden in their starting rotation.