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Rangers, Perez Agree To $12.5M, 4-Year Deal

ARLINGTON (CBSDFW.COM/AP) - The Texas Rangers and left-hander Martin Perez have agreed to a $12.5 million, four-year contract that includes three club options through 2020.

One of the Rangers' top prospects, Perez went 10-6 with a 3.62 ERA over 20 starts this past season, striking out 84 and walking 37.

He started the season on the disabled list after breaking his left forearm during spring training.

The 22-year-old became the first Texas rookie to win six consecutive starts and went nearly two months between losses.

Perez signed with the Rangers as a 16-year-old free agent from Venezuela.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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