Major League Baseball

Rangers sign reliever Oliver to 1-year deal

Published Dec. 22, 2009 1:59 p.m. ET

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After spending the past three seasons with the Los Angeles Angels, Oliver is set for his third stint in Texas. The 39-year-old left-hander began his career with the Rangers, pitching for them from 1993-98. He was back with Texas from 2000-01.

Oliver was 5-1 with a 2.71 ERA in 63 games last season. His deal would include a $3 million salary next year and a $3.25 million option for 2011 with a $500,000 buyout. The second year of the contract would become guaranteed, however, if Oliver makes 60 appearances next season.