The Texas Rangers have reached an agreement with right-hander Nathan Eovaldi on a lucrative $75 million, three-year contract. This deal was disclosed by a source familiar with the negotiations to The Associated Press on Tuesday night. The completion of the contract is contingent upon Eovaldi passing a physical examination, a standard procedure for such agreements.
Retaining the services of the 34-year-old Eovaldi was a key objective for the Rangers during this offseason. Eovaldi entered free agency on November 4 after opting out of a $20 million player option for the 2025 season. As part of the deal, Eovaldi received a $2 million buyout from the declined option, which was triggered by his impressive performance of pitching over 300 innings across his two seasons with the Rangers.
Eovaldi's contributions to the Rangers have been significant, notably highlighted by his pivotal role in the team's World Series victory in 2023. During that championship run, Eovaldi excelled with a 5-0 record and a 2.95 ERA in six postseason starts. His postseason success extends back to 2018 when he was a crucial part of the Boston Red Sox's World Series triumph.
The Rangers had anticipated Eovaldi's decision to decline the option and were determined to secure the Texas native's return to the team. This agreement underscores the organization's commitment to bolstering its pitching staff and maintaining a competitive roster for the upcoming seasons.
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