A few minutes ago the Texas Rangers announced that they signed Colby Lewis to a one-year extension. It has a $2 million base salary with incentives that could make it up to $6 million. He made $3.25 million in 2012.
Sounds like a win-win, inasmuch as Lewis was facing free agency apocalypse, what with his 2012 season ending with an elbow injury back in July. Having a one-year deal with a team likely to give him a starting job next year will help him set up for another crack at the market in 2014. Meanwhile, the Rangers get a quality starter back without having to take a long-term gamble and not having to pay much more than they did this year.
Lewis was 6-6 with a 3.43 ERA with 93 strikeouts in 105 innings in 16 starts before shutting it down.