Rangers considered heavy favorites to sign Roy Oswalt

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Roy Oswalt is reportedly close to choosing his new team and returning to the mound, and according to Jerry Crasnick of ESPN.com the Rangers are heavy favorites to sign the 34-year-old right-hander.

In fact, an unnamed “baseball official” told Crasnick that he “would be shocked” if Oswalt doesn’t end up in Texas.

Along with the Rangers the Dodgers, Phillies, Brewers, Orioles, and Red Sox have also been linked to Oswalt, who threw 139 innings with a 3.69 ERA and 93/33 K/BB ratio for Philadelphia last season.

Neftali Feliz is on the disabled list and expected to be out until after the All-Star break with a sprained elbow and it’s possible that the Rangers could shift him back to the bullpen once healthy, creating a rotation spot for Oswalt. For now Scott Feldman is filling in for Feliz, joining Yu Darvish, Matt Harrison, Colby Lewis, and Derek Holland in the rotation.

Ted Lilly’s shoulder injury may have magnified the Dodgers’ interest in Oswalt after watching him throw last week and if the Phillies get bad news on Roy Halladay’s shoulder it’s easy to envision them giving Oswalt a call for a reunion. Depending on which sources you choose to believe Oswalt’s primary motivation is pitching close to his Mississippi home, playing for a contender, or cashing in for the biggest contract. Or maybe some combination of all three, which seemingly also gives Texas the edge.

Report: Phillies moving in on a deal with Tommy Hunter

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Update (8:40 PM ET): Joel Sherman of the New York Post reports that Hunter’s contract with the Phillies is for two years.

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There’s been a bit of confusion at the Winter Meetings. First, ESPN’s Buster Olney reported that the Phillies were close to signing free agent reliever Addison Reed. That report was then disputed by Jon Heyman of FanRag Sports. Matt Gelb of the Philadelphia Inquirer then reported that not only do the Phillies not have a deal with Reed, they’re actually moving in on a deal with free agent pitcher Tommy Hunter. Ken Rosenthal of The Athletic backed up Gelb’s report, as did Todd Zolecki of MLB.com.

Hunter, 31, spent the past season with the Rays, posting a 2.61 ERA with a 64/14 K/BB ratio across 58 2/3 innings. The right-hander, a veteran of 10 seasons in the majors, should be a good addition to the Phillies’ bullpen, which also recently added Pat Neshek. Neshek and Hunter will likely work the innings just ahead of closer Hector Neris.

As for Reed, well, who knows.