In the second waiver deal of the month, the Rangers have acquired right-hander Tim Wood from the Pirates for a player to be named or cash. They then optioned the reliever to Triple-A Round Rock.
Wood, a 28-year-old who pitched for the Marlins in 2009-10, had a 5.63 ERA in eight innings for the Pirates this year before being designated for assignment Friday. He throws 92-96 mph and shows a pretty good slider, but in 58 innings as a major leaguer, he’s walked 33 and struck out just 28. The Rangers will likely call him up for relief depth in September, but he’ll need to impress then to become a part of their plans for 2012.