Joc Pederson gets a $5.5 million signing bonus as part of his $37 million, two-year contract with the Texas Rangers.

The Texas Rangers announced the signing of Joc Pederson to a two-year, $37 million contract just before the new year. While he is likely to move into a designated hitter role, Pederson can potentially bring a big thump to a lineup that was missing a power hitter in 2024.

Rangers continue their busy month of acquisitions, adding a left-handed power hitter to lengthy list of acquisitions.