It's beginning to appear as though reports of the Rangers' off-season's early demise were somewhat premature, as multiple media sources -- including FOXSports.com's Ken Rosenthal and Jon Paul Morosi -- are reporting that Texas has reached a tentative agreement with free agent right-hander Colby Lewis on a two-year, $5 million contract, with potentially attainable incentives totalling $1 million over the life of the deal.
You can call this what it is -- which is basically placeholder text -- until I have something more in-depth on this signing a little later in the morning, but understand that this is a nifty little deal at its foundation, securing the services of a talented and extremely productive Japanese League talent whose upside might very well be comparable to that of Jon Garland, if not greater.
Management's inclination towards injury-tarnished, albeit potentially high-reward assets (e.g. Rich Harden and Vladimir Guerrero) and the potentially undervalued Lewis isn't a mere fluke; the Rangers are clearly targeting maximum-bang-for-your-buck players, but are also seeking to maximize the quality of those players (or, in other words, spending a little more money to secure guys with proven track records over, say, younger, higher-variance players), and in the process they're making this roster both deeper and better. Yeah, there's obviously risk in play, but without that risk you're not even involved in the bidding; in that sense, some risk is clearly desirable.