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Report: Rangers in talks for Roy Oswalt
Roy Oswalt - S - Houston Astros
June 14, 2010 - 5:20 PM ET

A source tells Craig Calcaterra of NBC Sports that the Rangers are "getting closer" to acquiring Roy Oswalt from the Astros.

The major hurdle, of course, is that the financially-strapped Rangers are trying to convince Major League Baseball to allow them to take on Oswalt's salary. The players "are more or less agreed to," according to Calcaterra. Oswalt is still a major financial commitment -- nearly $27 million, including the prorated portion of his $15 million salary for this season, $16 million for 2011 and at least a $2 million buyout on his $16 million option for 2012 -- so it shouldn't be assumed that Major League Baseball will see it their way.

Source: HardballTalk