Millwood reportedly will join Rangers
Tuesday, December 27, 2005
ARLINGTON, Texas -- Free agent pitcher Kevin Millwood reached a preliminary agreement Monday on a $60 million, five-year contract with Texas, giving the Rangers the legitimate No. 1 starter they have been seeking.
Texas can void the fifth year of the deal if Millwood doesn't pitch a certain number of innings in earlier years of the contract. Millwood is expected to undergo a physical today in Texas, and the deal likely will be finalized Wednesday.
Details of the deal were disclosed by two people familiar with negotiations who spoke on condition of anonymity because the contract had not been finalized. Millwood's decision to accept Texas' offer was first reported by the Fort Worth Star-Telegram on its Web site.
Millwood was 9-11 with a 2.86 ERA that led the American League this year, his only season for Cleveland. The right-hander, who turned 31 Saturday, rejected a salary arbitration offer from the Indians.
Millwood also was sought by Boston.