Report: Roy Oswalt Signs with Texas Rangers

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Report: Roy Oswalt Signs with Texas Rangers

Update: Tuesday, May 29 at 5:35 ET by Ben Chodos

The Texas Rangers have signed Roy Oswalt to a multi-million dollar deal, according to Ken Rosenthal of Fox Sports. He tweeted the following:

The pitcher was reportedly given more lucrative offers from the Los Angeles Dodgers and the St. Louis Cardinals, via Scott Miller of CBSSports.com.

Oswalt will make more than every pitcher on the Rangers staff except Joe Nathan ($7 million) and Scott Fedlman ($6.5 million). Due to the conditional basis of the contract, he may or may not earn more than Yu Darvish ($5.5 million).

This will be a return to Texas for Oswalt, who spent 10 seasons with the Houston Astros before being traded to the Philadelphia Phillies in 2010.

 

Update: Tuesday, May 29 at 4:35 p.m. ET

It would appear that the Rangers have signed Oswalt on Tuesday afternoon, according to Gerry Fraley of DallasNews.com:

"The Texas Rangers have signed free-agent right-hander Roy Oswalt, according to an individual familiar with the process."

Terms of the deal are not yet known.

 

Despite a reported offer from the Los Angeles Dodgers, the Rangers were always Oswalt's team of choice, according to Jerry Crasnick of ESPN:

Oswalt, who had previously auditioned for the Philadelphia Phillies, Boston Red Sox and the Rangers, has given teams indications that Texas is his destination of choice. He has a close relationship with club president Nolan Ryan, and he apparently likes the thought of pitching for a contending team that's close to his Mississippi home.

"I would be shocked if he doesn't go to Texas," a baseball official said. "A team is going to have to greatly outbid Texas to keep him from going there."

After not signing with a team in the offseason, Oswalt decided on a midseason return this year and has since been the subject of much speculation. Last year with the Phillies, the veteran right-hander was 9-10 in 23 starts with 93 strikeouts, a 3.69 ERA and a 1.34 WHIP.

The Rangers have a temporary need in the rotation, as Neftali Feliz was recently put on the disabled list with right elbow inflammation and will be shelved for at least a month. 

Who should the Rangers move to the bullpen if they sign Roy Oswalt?

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While Feliz has pitched well in his switch to the rotation this year (3-1, 37 strikeouts, 3.16 ERA, 1.20 WHIP in seven starts), he would most likely switch back to the bullpen should the Rangers sign Oswalt.

The Rangers staff has been solid but unspectacular thus far. Overall, Matt Harrison has been the weakest link on the staff and could be put in the bullpen if the Rangers are keen on keeping Feliz in the rotation.

Oswalt wouldn't drastically improve this rotation, but he would help strengthen it from top-to-bottom. His playoff experience would certainly help a squad looking to get over the World Series hump after two straight appearances without a championship.

 

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