T.R. Sullivan says the Rangers have signed Joaquin Benoit to a two year deal, which buys out his last arbitration year and his first free agent year.
Nice signing by Texas, locking up a guy who has been solid out of the pen. I'm guessing it is something like $5-6 million over the 2 years.
Update [2007-10-31 22:46:50 by Adam J. Morris]: -- T.R. Sullivan says it is $6 million over 2 years.