Nathan deal opens door for Feliz

Updated: November 21, 2011, 10:29 PM ET
By Keith Law

The Texas Rangers turned heads this evening by signing reliever Joe Nathan to a two-year, $14.5 million deal with a club option.

The price per year is high -- most likely reflecting the market premium for a "proven closer" -- but the short commitment of two years makes it a little easier to swallow, and the effect of moving Neftali Feliz to the rotation is a big net positive.