According to Jim Reeves, the Rangers have no money in the budget to go after Juan Cruz:

While on the surface that might appear to help the Rangers do something to add Cruz, money is still the sticking point. One Texas insider tells me the team simply won't add any significant salary at this point and that that means Cruz is probably not going to happen here, even though he would immediately become a key piece in the Rangers' bullpen.

The joys of being a small market team continue...