Now that Justin Smoak is on his way to Seattle, Bruce Levine of ESPNChicago.com reports that the Rangers are looking at Chicago's Xavier Nady. Chris Davis has already been called up from Triple-A to take over first base for Texas, though Davis was sent down in April due to his unimpressive .556 OPS in 53 plate appearances that necessitated Smoak's call-up earlier this season.
Nady, meanwhile, has a line of .233/.305/.361 line in 151 PA for the Cubs as he tries to recover from major elbow surgery last year. Nady is the last man on the depth chart in a crowded Cubs outfield, and has about $1.6MM still owed to him from the one-year deal he signed with Chicago last January. Nady can earn $2.05MM more due to games-played incentives, which the Rangers would also have to take into consideration should they have a more prominent role in mind for the veteran.
If Texas did acquire the right-handed hitting Nady, it would make sense to platoon him with the left-handed hitting Davis (who has a career .671 OPS against lefties). The Rangers were, however, willing to install a rookie as the everyday first baseman when they called up Smoak, so it's reasonable to think that they'd still show some faith in Davis by letting him take some cuts against major league southpaws. Davis had a whopping .958 OPS for Triple-A Oklahoma City so perhaps he's gotten his confidence back.