ARLINGTON, TX - APRIL 28: Colby Lewis #48 of the Texas Rangers delivers a pitch against the Tampa Bay Rays at Rangers Ballpark in Arlington on April 28, 2012 in Arlington, Texas. (Photo by Rick Yeatts/Getty Images)
Per a multitude of reports, the Rangers have agreed on a contract extension for Colby Lewis, which will keep Lewis with the Rangers through the 2013 season. The initial reports indicate that this is a $2 million guaranteed deal, with another $4 million potentially available in incentives.
Lewis, signed to a two year contract with an option after the 2009 following Lewis spending two years in Japan, has been a tremendous success story for the Rangers, anchoring their staff in 2010 and 2011 and being one of the team's best playoff pitchers.
Lewis has missed much of this season after undergoing surgery to repair a torn flexor tendon in his elbow. Lewis had surgery in late June, 2012, and with a recovery time of nine to twelve months, it is anticipated he will miss the start of the 2013 season. After the news broke, Jon Daniels spoke publicly about wanting Lewis to stay in the organization beyond this season. Had the Rangers not reached an agreement with Lewis, he would have been a free agent this offseason.
While Lewis is done for this season, the DMN reported that he will travel with the club on their road trip so that he can help some of the younger pitchers on the staff with their preparation.