Rangers and Lance Berkman agree to one-year, $11 million contract

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UPDATE: Jeff Wilson of the Fort Worth Star-Telegram reports that Berkman will need to get 525-550 at-bats for the 2014 option to vest. He hasn’t had that many at-bats in a season since 2008.

3:56 PM: CBS Sports’ Jon Heyman reports that Berkman will get a $10 million salary for 2013 while the vesting option includes a $1 million buyout.

3:42 PM: Multiple reports state that the deal is done, pending a physical. Rosenthal confirms that Berkman will get a one-year, $11 million deal with a vesting option for 2014. The Rangers will obviously look great if this works out, but they are taking on an awful lot of risk here.

3:22 PM: Rosenthal adds that Berkman’s deal with the Rangers is worth $10-11 million for one year. Given his age and knee issues, that seems a little rich.

2:28 PM: Nolan Ryan’s recruiting efforts have paid off.

FOX Sports’ Ken Rosenthal reports that the Rangers are finalizing an agreement with Lance Berkman. It’s expected to be a one-year deal with a possible vesting option. No word yet on the money involved.

Berkman was limited to just 32 games with the Cardinals last season due to knee and calf injuries, but he’s holding off on retirement for at least one more year. He also drew interest from his hometown Astros this winter, but he’ll obviously be in a better position to win with Texas.

While Berkman has previously referred to the American League-style of play as “Mickey Mouse,” he’ll likely serve as the Rangers’ primary designated hitter in 2013. The veteran slugger turns 37 in February and owns a .296/.409/.544 batting line over 14 seasons in the majors.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.

Orioles acquire Alec Asher from the Phillies

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The Phillies announced on Tuesday that the club traded pitcher Alec Asher to the Orioles for a player to be named later.

Asher, 25, was the victim of a roster crunch. He was not going to make the 25-man roster and the starting rotation at Triple-A Lehigh Valley was already full. The Phillies acquired him from the Rangers in the July 2015 Cole Hamels trade.

Asher had good results in 27 2/3 innings in the big leagues last year, posting a 2.28 ERA with a 13/4 K/BB ratio. While it didn’t show in those stats, the right-hander sometimes struggles with command and he doesn’t miss bats often enough to make up for it. The Orioles, however, are happy to add some pitching depth.