The Texas Rangers made the most headlines during day three of the Winter Meetings:
Rich Harden is close to a deal with the Rangers, which would be a terrific move. When healthy, Harden can be a great pitcher. The Rangers have a great offense, however their pitching could use a boost, although they have a lot of up and coming talent in Scott Feldman and other starters. Their bullpen was toward the top in ERA (3.95) last season. With their potent offense and improved pitching, the Rangers could finally get over the hump and be in the playoffs.
Speaking of the Rangers and pitching, they traded Kevin Millwood to the Baltimore Orioles for Chris Ray. I'm not sure how much of an upgrade this is. Ray was great in 2005 and 2006. He had Tommy John Surgery in 2007 and hasn't returned to his old form. He had an awful 2009: an ERA over seven. Millwood was one of the Rangers best pitchers in 2009, but he has had a history of injuries. The move serves as a salary dump more than anything. Millwood had a 3.67 ERA and 1.34 WHIP in 2009.
The Rangers are done yet. They're also discussing a deal with the Red Sox for Mike Lowell.
Staying in the state of Texas, the Houston Astros acquired Matt Lindstrom from the Florida Marlins. The Marlins will receive Robert Bono and Luis Bryan.