Poll: The Rangers And The Waiver Wire

The Rangers decided to add at this year’s trade deadline and acquired several arms to beef up the pitching staff. Merrill Kelly was the headliner, but the team also swung deals for Danny Coulombe and Phil Maton in an effort to make up for somewhat lacking production from the club’s offense. That strategy, unfortunately, hasn’t worked. The Rangers’ position in the standings hasn’t changed much as they’ve remained stuck around .500, as has been the case for most of the year.

With the start of September just a few days away, a Rangers club that has been on the cusp between contending and retooling all season is now faced with one final point of decision-making: Should they stay the course and hope for a white hot September that pushes them into the postseason? Or should they throw in the towel and try to sneak back under the luxury tax after the club’s deadline trades pushed their projected payroll slightly over the edge?

They have the opportunity to do the latter if they put Kelly, Coulombe, Maton, and other veterans on expiring deals through waivers. If those players get claimed, they’ll move on to the claiming team and the Rangers will be off the hook for the final month of their salary. Aside from those players who were added at the trade deadline, other expiring deals like those of Chris Martin, Patrick Corbin, Shawn Armstrong and Hoby Milner could make sense for the team to make available. Even Adolis Garcia, who remains under club control via arbitration for the 2026 season, could make sense to make available on waivers given his status as a potential non-tender candidate.

Doing so might give the team additional financial flexibility for the offseason as they look ahead to 2026. Ownership preferred to remain under the tax threshold and reset its penalty levels this past offseason. Their deadline push was made with the team’s postseason odds around 40-50%. Those odds have plummeted, with FanGraphs giving them a 7.2% chance and PECOTA pegging them at 9.8%.

Texas would avoid paying roughly one-sixth of the full season salary for any player who gets claimed off waivers. That means parting ways with Kelly (who is making $7MM this year) would save the clubs around $1.2MM. Cheaper players like Maton ($2MM) would only shave a little over $300K off the team payroll if claimed.

Of course, saving that money doesn’t do much for the club if it isn’t enough to put them under the luxury tax, and there’s no guarantee they’ll be able to shed enough money to do so. The team saw with Jon Gray earlier this month that there’s no guarantee a player will be plucked off waivers just because he’s been placed there.

The Rangers’ next most expensive pending free agent is Tyler Mahle, and he’s only just resumed throwing off the mound as he tries to work his way back from a rotator cuff strain. It’s hard to imagine a team placing what’d be a roughly $2.75MM bet that Mahle would not only be able to make it back by season’s end but also return to his prior levels of efficacy. It’s a similar situation with Martin, who has been out since late July with a calf strain and still isn’t on a rehab assignment (though he’d amount to a less costly $916K gamble).

Looking beyond the financial aspect of Texas’s decision, it’s worth considering the club’s position in the standings. The 67-67 Rangers have gone just 10-14 since the trade deadline and have lost 12 of their last 20 games. They’ll need a winning percentage a lot better than .400 in September if they’re going to have any hope of making the postseason. Still, a playoff berth isn’t entirely out of the question. Texas is currently 4.5 games out of the final AL Wild Card spot, which is held by the Mariners. They’re six games back of the Yankees in the second AL Wild Card spot as well as the Astros for the AL West title. They still play Houston six times and also have three-game sets with the Brewers and Mets. Their other 16 games are against teams with losing records.

Those six games against the Astros in September give the Rangers more control over their destiny than most clubs have by this point on the calendar. Perhaps that’s reason enough to stay the course. After all, it would be disappointing for the organization if a rare healthy season from Jacob deGrom went to waste.

On the other hand, the club’s core of players is facing some health challenges. Evan Carter, Marcus Semien and Nathan Eovaldi have all been shelved with what are very likely season-ending injuries in recent days. The loss of Martin in the bullpen has also been a real blow, and it’s unclear if he’ll make it back to the field before the end of the season.

How do MLBTR readers think the Rangers should handle their situation? Should they place a handful of short-term veterans on waivers to try to duck under the tax line and save money for another run in 2026, or would it be best to keep the team together and try to win this year despite dwindling playoff odds and mounting injury concerns? Have your say in the poll below: