3:40pm: The Rangers made it official, announcing Webb’s deal. Jeff Wilson of Rangers Today (X link) reports that it’s for $1.25MM. Webb can get to $1.5MM via incentives, per Robert Murray of FanSided (X link).
2:05pm: The Rangers are in agreement with right-hander Jacob Webb on a one-year deal, according to a report from Robert Murray of FanSided. Financial terms have not yet been reported. The Rangers have one vacancy on their 40-man roster but also have an agreement in place with right-hander Nathan Eovaldi. A corresponding move will be required once both deals become official.
Webb was a somewhat surprising non-tender by the Orioles a few weeks ago. He tossed 56 2/3 innings for the O’s in 2024, allowing 3.02 earned runs per nine. His 11.4% walk rate was on the high side but he also struck out 24.5% of batters faced.
Baltimore could have kept him around via arbitration, with MLBTR contributor Matt Swartz projecting Webb for a fairly modest $1.7MM salary next year, but the O’s evidently didn’t want him back at that price point. He was non-tendered and therefore sent to free agency without being exposed to waivers, which allowed him to sign this deal.
The Rangers are likely going to be paying Webb something in that range, so he’s a fairly low-cost addition to the bullpen. That’s a sensible move for them as relief help is a key need and the budget is a concern. Kirby Yates, David Robertson, José Leclerc, and José Ureña were the relievers with the most innings pitched for Texas in 2024 and all four are now free agents. On top of that, Josh Sborz underwent shoulder surgery that is going to keep him out of action until about midseason.
On the budgetary side of things, the club is hoping to avoid the competitive balance tax next year, which could means the most expensive relievers aren’t options for them. RosterResource pegs their CBT number at just a bit above $220MM right now, meaning they are still about $20MM away from the $241MM base threshold, but they probably want to save a bit of wiggle room for in-season moves.
Taking all that into account, it wouldn’t be a surprise to see the Rangers take fliers on a few cheap relievers, starting with this one. Webb now has 187 innings of major league experience with a 2.98 ERA, 23.5% strikeout rate and 11.1% walk rate. If he has a good year with Texas in 2025, he can be retained via arbitration for the 2026 season as well.