Rangers, Nelson Cruz Nearing Two-Year Deal

THURSDAY: The deal would likely be worth $15MM-plus, Grant tweets. Cruz appears to have avoided arbitration, though nothing's official at this point.

WEDNESDAY: The Rangers are nearing a two-year deal with Nelson Cruz, Evan Grant of the Dallas Morning News reports. Cruz filed for $7.5MM in arbitration, while the Rangers countered with a $5.5MM offer. The sides have an arbitration hearing scheduled February 17th.

Cruz hit .263/.312/.509 with 29 home runs in the regular season before clubbing eight postseason homers and being named the 2011 ALCS MVP. The 31-year-old ACES client is arbitration eligible for the second time after earning $3.65MM in 2011. A two-year deal would buy out both of his remaining arbitration seasons, but no free agent years. MLBTR's Tim Dierkes examined the cases for Cruz, Adam Jones and Alex Gordon earlier today.

This post was first published on February 8th, 2012.

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