As was mentioned in the morning links post, the Texas Rangers lost out on the bidding for Korean lefthanded pitcher Ryu Hyun-Jin.
Jin, who was being posted by his Korean league team, much like Yu Darvish was posted last season, was a pitcher the Rangers were interested in, and they reportedly made a significant bid for the rights to negotiate with him. However, the Los Angeles Dodgers won the bidding with a bid of roughly $25.75 million. The Dodgers now have thirty days to negotiate with Jin, and if a deal can be worked out, he will be Dodger property. Otherwise, his rights will revert to his team in Korea.