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Rangers exercise option on Mahay

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One other bit of news that is out there, that will probably be swamped by the news of the Rangers hiring Ron Washington...

The Rangers have exercised their 2007 option on Ron Mahay. They could have bought him out for $250K, but instead will bring him back for $1.1 million.

I imagine the thinking is, he'll either provide a nice utility-type for the 2007 pen, or else he's someone they can flip in the spring if they decide they want a Rheinecker or someone like that as their second lefty, along with C.J. Wilson.