Derek Holland set to begin rehab assignment this week

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Rangers left-hander Derek Holland is scheduled to throw a full-effort bullpen session on Monday at Globe Life Park in Arlington, Texas. If it goes well Holland will be cleared to embark on a 30-day minor league rehab assignment later in the week, writes Gerry Fraley of the Dallas Morning News.

His rehab debut will be at Double-A Frisco, and he will be on track to join the Texas starting rotation sometime in late August if everything goes smoothly.

Holland underwent microfracture knee surgery in January. The hope was that he’d return to help the Rangers make a postseason push, but Texas opened play Sunday in last place in the American League West standings with a record of 41-63.

The 25-year-old southpaw posted a 3.42 ERA (120 ERA+), 1.286 WHIP, and 189 strikeouts in 213 innings last season for the Rangers. He signed a five-year, $28 million contract extension in March 2012.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.

Report: Phillies making Maikel Franco available in trade discussions

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Nick Cafardo of the Boston Globe reports that the Phillies are making third baseman Maikel Franco “more than available” in trade discussions.

Franco, 24, is having an abysmal season after showing promise in 2015 and ’16. Through 289 plate appearances, he’s hitting .221/.280/.365 with nine home runs and 37 RBI. His hitting has tanked and his already below-average defense hasn’t shown any improvement.

It’s a bit surprising that the Phillies would be so eager to move Franco with his value about as low as it can go. Franco is also under control of the rebuilding Phillies through the 2021 season, so the team doesn’t have to rush into moving him. He will become eligible for arbitration for the first time after the season.

Furthermore, the Phillies don’t have an immediate replacement for Franco at third base. Andres Blanco would likely get everyday starts at the hot corner in the short-term, but as far as prospects go, there are no third baseman banging down the door. If the Phillies were to trade Franco, it would likely have to be in return for a young, talented third baseman who will be under team control for several more years.