Report: Rangers could increase payroll by $100M
The front office has also verified the club is willing to spend this offseason.
"We said towards the end of the season that we are committed to having a payroll consistent with our market size," the Rangers' new executive vice president and general manager Chris Young said, according to Grant. "We intend to push the payroll up.
"We expect the payroll for 2022 will increase to a point where it has been in the past."
The franchise ran a payroll as low as $118 million and as high as $165 million at the end of the last decade, according to Cot's Contracts. Texas had a $94-million payroll last year and finished with the second-worst record in the AL. The Rangers will enter the 2022 campaign with nearly $28 million committed and a projected payroll of approximately $47 million after arbitration signings, according to Baseball-Reference.
Texas has needs at every position, so it's unclear which players the club would potentially target. However, top-tier shortstops Carlos Correa, Corey Seager, Trevor Story, Marcus Semien, and Javier Baez headline this year's free-agent class, and Texas native Clayton Kershaw will hit the open market unencumbered by draft-pick compensation after the Los Angeles Dodgers decided not to tender him a qualifying offer.