The Rangers announced this afternoon that they have re-signed right-hander Colby Lewis to a minor league contract with an invitation to major league spring training. Richard Durrett of ESPN Dallas reports that he’d make $2 million if he makes the Rangers and could earn an addition $4 million with incentives.
Lewis hasn’t thrown a pitch in the majors since July 18, 2012, after which he required surgery to repair a torn flexor tendon in his elbow. The 34-year-old encountered multiple setbacks while attempting to rehab this year and was ultimately shut down to undergo season-ending hip surgery.
Lewis posted a 3.93 ERA and averaged 8.1 K/9 and 2.4 BB/9 in 80 starts from 2010-2012, so this is a low-risk/high-reward situation for Texas. He’s far from a guarantee to be healthy and effective in the spring, but the Rangers could have the option to keep Alexi Ogando in the bullpen if Lewis locks down a rotation spot.