The Rangers aren't likely to sign free agent right-hander Roy Oswalt, a source tells Jeff Wilson of the Fort Worth Star-Telegram. The sticking point seems to be that the Rangers saw Oswalt as "a key piece of depth," whereas Oswalt wasn't interested in pitching out of the bullpen and wanted a $10MM contract. Texas also didn't want to move Matt Harrison out of the rotation to make room for Oswalt.
With Texas seemingly out of the picture and the Nationals agreeing to sign Edwin Jackson, Oswalt's market seems to be down to the Red Sox and Cardinals, as he has already turned down an offer from the Tigers and told the Indians and Blue Jays he's not interested in signing with either club. Boston and St. Louis have both made offers to Oswalt in the range of a one-year, $5MM contract, and the Cardinals are shopping Kyle McClellan to try and free up payroll.