Derek Holland agrees to five-year extension with Texas Rangers

Derek Holland has come up through the Texas Rangers organization, becoming a key part of the team's success the past two seasons.

He will be a part of it for the foreseeable future, too, reaching a five-year, $28 million extension with the team through 2016. The deal includes club options for 2017 and 2018, which means Holland gave up three potential free agency years to remain in Texas.

"It's all about being in Texas and wearing that Texas uniform," Holland said. "And going back to get some championships."

Rangers general manager Jon Daniels and manager Ron Washington both praised Holland's work ethic in becoming a frontline starter. Holland is coming off the best season in his career, going 16-5 with a 3.95 ERA.

After last season, Daniels said the team's priority would be to extend the core players of the franchise's two World Series runs.

"Derek has done a tremendous job of putting the work in where he became a part of that core," Daniels said. "His work ethic, his conditioning, really jumped him to the head of the class."

Added Rangers president and CEO Nolan Ryan: "Derek represents what we try to do in this organization, and that's sign and develop kids that have an impact on the major league ballclub."

Holland has become a key member of the team, and he is now getting paid like one. So what's his first big purchase going to be?

"The most important thing for me is getting a house in Dallas, being a resident in Texas," Holland said.

-- Drew Davison

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