Darren Oliver's $3.25 million option for 2011 vested last night

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Darren Oliver tossed a scoreless inning last night in his 59th appearance of the season, which is the number needed for the Rangers’ 2011 team option on the 39-year-old reliever to vest at $3.25 million.
Texas will be glad to have Oliver back at that price, as he’s quietly gone from being a mediocre and then seemingly washed-up starter to one of the better left-handed relievers in baseball for the past five seasons. Oliver has a 2.50 ERA and 63/14 K/BB ratio in 57.2 innings this season, producing the second-highest strikeout rate ever for a 39-year-old with at least 50 innings:

Randy Johnson       2003     9.87
Darren Oliver       2010     9.83
Nolan Ryan          1986     9.81
Mariano Rivera      2009     9.77
Roger Clemens       2002     9.60

That’s quite a list. Four of the greatest pitchers of all time and Darren Oliver, who in his five seasons prior to moving to the bullpen full time in 2006 went 33-39 with a 5.83 ERA in 573 innings spent primarily as a starter. Since becoming a full-time reliever he’s thrown 348 innings with a 3.08 ERA and is doing the best work of his career in his 17th season.

Report: Giants in “serious discussions” with Reds to acquire Billy Hamilton

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Zach Buchanan of the Cincinnati Enquirer reports that the Giants are engaged in “serious discussions” with the Reds to acquire center fielder Billy Hamilton. Talks are apparently advanced enough that a deal could be completed before the end of the Winter Meetings on Thursday.

It’s no secret that the Giants would like to make an upgrade in the outfield this offseason, as the club has also been linked to Red Sox center fielder Jackie Bradley, Jr. Currently, the Giants’ outfield consists of Denard Span, Hunter Pence, and Jarrett Parker.

Hamilton, 27, owns a meager .248/.298/.334 batting line across parts of five seasons in the majors with the Reds. However, he has plenty of speed, having stolen at least 56 bases in each of the last four seasons. Hamilton is also well-regarded for his defense, which would be a boon at spacious AT&T Park.

Hamilton is in his second of three years of arbitration eligibility. He’s projected to earn $5 million for this coming season. Buchanan notes that the Rangers are also interested in potentially acquiring Hamilton.