Rangers sign Cruz to two-year deal
Nelson Cruz - OF - Texas Rangers
Feb. 9, 2012 - 3:30 PM ET
Rangers signed OF Nelson Cruz to a two-year, $16 million contract extension.
The deal was officially announced by the Rangers on Thursday afternoon. According to Enrique Rojas of ESPNDeportesLosAngeles.com, Cruz can make an additional $500,000 in performance-based incentives. The new contract covers his final two years of arbitration and allows him to hit free agency following the 2013 season. Cruz, 31, has averaged 28 homers, 80 RBI and 15 stolen bases over the past three seasons.