According to T.R. Sullivan of MLB.com, the Rangers agreed to terms with outfielder Marlon Byrd on a one-year, $3.06MM contract.
Byrd was asking for $3.6MM in arbitration while the Rangers submitted a $2.7MM offer. The 31-year-old settled on the $3.06MM figure Friday. Byrd hit .298/.380/.462 with 10 homers and 53 RBI in 122 games last season. He'll compete for playing time this year in an outfield that also boasts David Murphy, Josh Hamilton and Nelson Cruz.
The Rangers have now settled with all of their arbitration-eligible players. They haven't needed a hearing since 2000.