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Rangers, Francisco agree to $3.3M contract

Updated: January 26, 2010, 9:15 PM ET
Associated Press

ARLINGTON, Texas -- Texas Rangers closer Frank Francisco reached an agreement Tuesday on a one-year contract worth $3,265,000 to avoid an arbitration hearing.

Francisco was seeking $3.6 million and the Rangers had countered with $3 million when they swapped figures last week.

Francisco was 2-3 with a career-best 25 saves and a 3.83 ERA in 51 relief appearances last season, when he also had three stints on the disabled list. Opposing batters hit only .214 against Francisco, who had ...

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