Thursday, May 31, 2012

Rangers, Oswalt reach agreement

ARLINGTON, TEXAS — The Texas Rangers agreed to a minor league deal with free-agent pitcher Roy Oswalt, expecting the three-time All-Star to join their rotation within a few weeks.

Assuming Oswalt passes a physical Thursday, he is expected to go to Triple-A Round Rock and make his first start Saturday.

"He's been throwing for quite a while now, he feels good about where he is," Rangers president Nolan Ryan said. "I think he's been away long enough that he's excited about coming to the Rangers and getting back to pitching on a regular basis."

The deal, worth $4 million if he joins the team by July 1, was announced in the middle of the Rangers' game Tuesday night against Seattle. Oswalt would be able to earn as much as $1 million more based on the number of starts he makes.


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