Mon 11/21/11 8:41 PM

According to Jeff Wilson of the Fort Worth Star-Telegram, Joe Nathan's new contract with the Rangers is worth a total of $14.5 million. Nathan signed a two-year deal with a club option for a third year. While the veteran right-hander initially struggled upon returning from Tommy John surgery this year, his strong second half indicates that he could be a decent value at these terms, especially in the light of the outrageous contract the Phillies gave to Jonathan Papelbon. The Rangers are expected to finalize the agreement during a press conference Tuesday.