UPDATE: Darren Oliver agrees to a deal with the Rangers

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UPDATE: T.R. Sullivan of MLB.com reports that Oliver and the Rangers have reached a deal for $3.5 million with a vesting option for 2011.  The option may be moot, however, as Oliver has said that he’ll probably retire after 2010. I suppose that all depends on how 2010 goes for him on the field.

8:00 A.M.: ESPN’s Jerry Crasnick reports that Darren Oliver and the Rangers are near a deal. No sense on what the money is, but he says it could be done early this week.

Oliver made $3.665 million last year and posted a career-best ERA for a second straight season, finishing at 2.71 in 73 innings. He was probably the Angels’ best reliever, and if it weren’t for the fact that Anaheim has a handful of crummy contracts with other guys (Justin Speier, Brian Fuentes, Scot Sheilds) Anaheim probably would have offered him arbitration which would have effectively ensured his return.

Just a lesson that, more often than not, a handful of bad, mid-range deals can handicap a team far worse than a big bad contract can.

Giants place Dereck Rodriguez on DL due to injury sustained during altercation with Dodgers

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Alex Pavlovic of NBC Sports Bay Area reports that Giants pitcher Dereck Rodriguez has been placed on the 10-day disabled list with a Grade 1 strain of his hamstring. Rodriguez apparently suffered the injury during Tuesday’s altercation with the Dodgers which featured Yasiel Puig and Nick Hundley.

Rodriguez, 22, has been having an outstanding rookie season, posting a 2.25 ERA with a 65/19 K/BB ratio in 80 innings across 12 starts and two relief appearances.

Casey Kelly will start in Rodriguez’s place against the Reds on Friday.