According to the Ft Worth Star Telegram and TR Sullivan…
The Rangers have signed Kevin Milwood. It’s supposed to be announced tomorrow after a physical, but it’s apparently a four deal deal with an option (Jamey Newberg’s report says its’ a vesting option). The FTW article doesn’t mention what kind of option, and I can’t find any mention of this story on any national website as I write this.
Although I imagine that will change shortly. More updates as I get them.
UPDATE #1 @ 5:30PM Mon: According to this story, it’s a 5 year contract at $60 million. The fifth year can be voided by the Rangers if Milwood doesn’t pitch “x” number of innings in an unspecified time during the first years. So we’re locked into $48 million for four years. Could be OK, could be bad. We’ll see. Also no word if the $60 is a straight $12 per year or if there’s some other breakdown. Again, more as it comes in.