The Texas Rangers have agreed to terms with slugging designated hitter Joc Pederson on a two-year pact worth $37 million, the team announced Monday. The deal contains an opt out after the first season.

Joc Pederson and the Texas Rangers have finalized a $37 million, two-year contract. The designated hitter-outfielder successfully completed a physical Monday.

Rangers continue their busy month of acquisitions, adding a left-handed power hitter to lengthy list of acquisitions.

The Rangers and slugger Joc Pederson are in agreement on a contract, according to a report from Ken Rosenthal of

These past few days have been busy, to say the least, for the Texas Rangers front office. The team kicked off their Christmas festivities by trading their first baseman Nathaniel Lowe to the Washington Nationals to shed some of their payroll and strengthen their currently dismantled bullpen.

The Texas Rangers did not waste much time replacing a hole left by Nathaniel Lowe's departure. The club is signing slugger Joc Pederson to a two-year, $37 milli

A person with knowledge of the deal says the Texas Rangers and free agent designated hitter Joc Pederson have agreed on a contract

Free agent designated hitter Joc Pederson agreed to sign with the Texas Rangers. Sources told The Athletic, the New York Post and ESPN about the two-year, $37 million agreement Monday. Pederson, 32, hit a career-best .

Early Monday, the accompanying move dropped: The Rangers agreed to a two-year deal with Joc Pederson that includes an opt out after the first year, two people with knowledge of the talks confirmed to The Dallas Morning News. The deal is still pending a physical, which for any player in his 30s, is always an important detail.