Rays release Erik Bedard and Juan Carlos Oviedo

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Marc Topkin of the Tampa Bay Times confirms that the Rays have released left-hander Erik Bedard and right-hander Juan Carlos Oviedo. Both will be free to sign elsewhere tomorrow.

Bedard was designated for assignment last week after set-up man Joel Peralta was activated from the disabled list. The 35-year-old southpaw has spent most of this season in the Rays’ rotation, posting a 4.76 ERA and 64/29 K/BB ratio in 75 2/3 innings across 15 starts and two relief appearances.

Oviedo was given the boot last weekend when Jeremy Hellickson rejoined the Rays’ rotation. After missing all of last season following Tommy John surgery, the 32-year-old got off to a good start this year, but he wore out his welcome after allowing 10 runs over his final 15 appearances.

Report: Rangers sign Jordan Lyles to two-year, $16 million deal

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The Athletic’s Ken Rosenthal reports that the Rangers and pitcher Jordan Lyles have agreed to a contract. ESPN’s Jeff Passan provided the details, reporting that it is a two-year, $16 million deal.

Lyles, 29, split last season between the Pirates and Brewers, performing much better with the latter. Overall, he compiled a 4.15 ERA with a 146 strikeouts and 55 walks across 141 innings. It was a return to full-time starting for Lyles, who had performed mostly as a reliever from 2016-18.

The Rangers also inked Kyle Gibson to a three-year, $30 million contract last week. Gibson and Lyles will join a rotation that also includes Mike Minor and Lance Lynn as well as youngster Kolby Allard.