Rangers Re-Sign Jason Frasor

The Rangers announced, via press release, that they have re-signed right-hander Jason Frasor to a one-year deal. The contract is reportedly worth $1.75MM and also includes incentives. The 36-year-old Frasor is represented by agent Dave Meier.

General manager Jon Daniels signed Frasor to a one-year, $1.5MM contract last January and was able to retain him at a bargain price despite a strong performance in 2013. Frasor pitched to a 2.57 ERA with 8.8 K/9, 3.7 BB/9 and a 44.6 percent ground-ball rate in his first season with the Rangers. While he did post an abnormally low BABIP (.250) and strand runners at a career-high rate (81.4 percent), FIP and SIERA both still liked Frasor at 3.37 and 3.44, respectively.

Frasor is just one piece of the team's bullpen puzzle this offseason, however. All-Star closer Joe Nathan has the ability to void the team's club option in search of a multiyear deal on the open market and is expected to do so. Daniels went on record recently as saying that the team's preference has never been to spend heavily on relief pitching, but he added that the team will continue to discuss retaining Nathan. Re-signing Frasor at a below-market rate could help to make that more feasible.

Should Nathan walk, Texas is well-equipped to absorb the blow with Frasor back in the fold. He will join setup man Tanner Scheppers and a healthier Joakim Soria at the back of the Ranger 'pen, as will lefties Robbie Ross and Neal Cotts, each of whom was excellent in 2013. Neftali Feliz figures to be back in the mix in 2014 as well, which should give the team flexibility in regards to determining the versatile Alexi Ogando's role.

Evan Grant of the Dallas Morning News first reported the signing (on Twitter).

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