The Rangers agreed to a four-year contract extension with GM Jon Daniels, according to Jeff Wilson of the Fort Worth Star-Telegram (on Twitter). Daniels' contract was set to expire after the 2011 season and his new deal covers the 2012-15 seasons.
Daniels, who took over as GM in 2005, saw the Rangers increase their win total in each of the past three years. Baseball America named Daniels the 2010 Executive of the Year after he overhauled the Rangers' farm system and led the team to its first ever World Series berth.
The Rangers' eighth GM, Daniels became the youngest GM in MLB history when he was promoted into his current role a month after his 28th birthday. For a more complete look at Daniels' work, click through to MLBTR's Transaction Tracker.
The Rangers are interested in exploring extensions for a number of their players, as well.