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Rangers' Stud Re-Signing With Texas: Not Michael Young, the Other One. Josh Hamilton.

While the Texas Rangers seem dead-set on trading franchise icon Michael Young, fears about Josh Hamilton leaving were subdued today when the team announced a two-year contract through 2012 with the American League MVP.

The deal, worth $24 million, allows both sides to avoid heading to arbitration next week. This new contract, obviously, doesn't keep Hamilton, 29, and the Rangers from talking long-long-term deals, but gives a little elbow room to the process.

Press conference today at 3 p.m.

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