10:33pm: The Rangers will likely make a contract offer when they meet with Kinsler's representatives on Wednesday, tweets Evan Grant of the Dallas Morning News.
7:20pm: The Rangers and Ian Kinsler are discussing a six-year extention for the second baseman, though the two sides haven't yet been able to agree on financial terms, reports Ken Rosenthal of FOX Sports. Kinsler's current contract expires after this season, though Texas holds a $10MM option on him for 2013. The new deal would replace that option and run through the 2018 season. Rosenthal says the Rangers are willing to give Kinsler a contract that would exceed Dan Uggla's five-year, $62MM pact with the Braves.
One of the possible holdups, Rosenthal opines, could be Robinson Cano's next contract. The Yankees hold a $15MM option on Cano for 2013 and Cano's next deal (whether in free agency or in an extension with New York) will assuredly pay him more. While Cano is likely to command a larger deal, Kinsler doesn't want to be "shortchanging himself" by signing an extension that ends up worth much less than what Cano eventually earns. The Yankees have said they plan to keep Cano, though since their team policy is to not enter into early negotiations with pending free agents, there haven't been and won't be any early hints about a new Cano contract that the Rangers and Kinsler can use as a baseline.
The Rangers apparently have just three days to hammer out a new deal with their second baseman, as Kinsler told Drew Davison of the Fort Worth Star-Telegram that he doesn't want negotiations to last into the season. Kinsler said an extension "could" still be possible and he wants "to be treated fairly amongst his peers."
Rosenthal recently reported that the length of the contract, not the value, was the main obstacle between Kinsler and the Rangers, so it's a sign of progress that the two sides have apparently settled on a six-year deal. Kinsler would be the fourth, and most high-profile, Ranger to sign an extension this offseason, following Elvis Andrus, Nelson Cruz and Derek Holland's multiyear deals.