Anaheim has signed Gary Matthews Jr., to a 5 year, $50 million deal.
Way too much money, for way too long. The Rangers were smart to pass. And hopefully, Anaheim won't sign any higher-ranked free agents, so the Rangers can keep the Anaheim first rounder.
Update [2006-11-22 19:12:6 by Adam J. Morris]: -- The Transaction Oracle is horrified.