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The Rangers will look to give Josh Hamilton a contract extension

San Francisco Giants v Texas Rangers, Game 3

ARLINGTON, TX - OCTOBER 30: Josh Hamilton #32 of the Texas Rangers celebrates a solo home run in the fifth inning against the San Francisco Giants in Game Three of the 2010 MLB World Series at Rangers Ballpark in Arlington on October 30, 2010 in Arlington, Texas. (Photo by Ronald Martinez/Getty Images)

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Tim MacMahon of ESPN Dallas reports that the Rangers plan to speak with AL MVP Josh Hamilton’s agent this winter about a long-term contract extension.
Like his NL MVP counterpart Joey Votto, Hamilton is arbitration eligible. He made $3.25 million in 2010, and would be due a big raise anyway. Though it’s increasingly common, there isn’t a massive amount of history of MVP winners going though arbitration, and the possibility exists Hamilton’s salary would go up pretty quickly. It makes sense the Rangers would want to avoid that and get some cost certainty -- even if it’s high-cost -- with respect to their best player. The biggest question is health, of course, but when healthy he’s among the best players in baseball.