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Rangers place Scott Feldman (and his contract) on waivers

Jul 13, 2011, 4:02 PM EDT

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Ken Rosenthal of reports that the Rangers have placed injured right-hander Scott Feldman on outright waivers, which means he’s available to any team willing to claim the remainder of his contract.

However, in addition to being on the disabled list following knee surgery that has kept him out of action since last season Feldman is also owed about $2 million for the rest of this year and $6.5 million for 2012, with a $9.25 million option or $600,000 buyout for 2013.

In other words, odds are he’ll pass through waivers unclaimed and the Rangers can then remove him from the 40-man roster while keeping him in the organization beyond his rehab assignment. They’d probably be thrilled if one of the other 29 teams felt like assuming the $9 million or so he’s still owed, of course, but it’s a long shot even with various contenders in the market for rotation help.

Feldman got the contract extension after winning 17 games in 2009, but even then his 4.08 ERA and 113/65 K/BB ratio in 190 innings made the Rangers’ long-term commitment a questionable one.

  1. APBA Guy - Jul 13, 2011 at 4:32 PM

    Feldman is a local boy, a Burlingame High grad who played up the hill at the College of San Mateo, so we were happy when he did well. That said, I was shocked when he got the deal after 2009. His underlying fundamentals were not great, and Fangraphs had just published a study showing that right-handers needed to sit 91 or better on their fastball to be successful at the major league level, something Feldman struggled with. Too bad he’s on waivers, but at least this move by the Rangers makes sense.

  2. Detroit Michael - Jul 14, 2011 at 8:19 AM

    Feldman’s contract really was a bet against regression. His BABIP in 2009 was quite low. The Rangers likely thought that his cutter could more consistently produce weak contact, but that turned out to not be the case.

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