2:50PM. Fox Sports is reporting that Kip Wells is coming to Texas. The word is that minor leaguer Jesse Chavez is going back to Pittsburgh.
Update: This is official, apparently, as the Rangers site has posted the announcement.
Update #2: Here’s Kip Wells’ financial status.
1 year/$4.15M (2006), plus $0.27M in incentives
* $0.27M in incentives
o $50,000 for 195 IP
o $100,000 each for 200 & 205 IP
o $25,000 for 210 IP
Once all the fallout from the deadline is over, I’ll update my roster & transactions page, as I’m sure some other subsequent moves will probably have to be made relative to the 25 man roster.