News: Derek Holland and the Rangers are in the early stages of working out a five-year contract extension that would take care of 2012, three arbitration years and his first year of free agency, according to a source. The left-hander went 16-5 last season and, at age 25, is part of the core group of players that club brass wants to keep together.
No news: The Rangers have taken the stance that they will not discuss their pursuit of Yu Darvish, the Japanese right-hander who was posted a week ago. Bids were due at 4 p.m. Wednesday, and at least one national report said that they made a bid. This comes only two days after club officials weren't sure they were going to even make a bid.
News, on a smaller scale: The Rangers have signed right-hander Fabio Castillo and catcher Chris Robinson to minor-league deals with invitations to spring training. The Rangers non-tendered Castillo on Monday, a move that removed him from the 40-man roster. Robinson has spent the past few seasons in the Cubs' farm system.
The Rangers also signed five players to minor-league contracts: LHP Kyle Fernandes, RHP Derek Hankins, LHP Zach Jackson, RHP Doug Salinas and OF Orlando Sandoval. Hankins and Jackson pitched in the Rangers' organization in 2011.
Darren Oliver, a free agent who spent the past two seasons with the Rangers, will receive the Jim Sundberg Community Achievement Award at the Dr Pepper Awards Show on Jan. 12.
News on a infant-sized scale: Left-hander Matt Harrison is a father. His wife, Meghan, gave birth Wednesday night to a girl, Addie Grace. "It was unbelievable," Harrison said.
-- Jeff Wilson