ARLINGTON, Texas — The Texas Rangers have created a new company to oversee production and distribution of their game broadcasts.

The MLB team on Monday unveiled the Rangers Sports Media & Entertainment Company. That company will include the new Rangers Sports Network (RSN) and the existing REV Entertainment that is the team’s official sports and entertainment partner and official booking agent for events at its current and former stadiums.

“One of the main goals when seeking solutions for Rangers television broadcasts was to give fans more access to our games,” Rangers majority owner Ray Davis said. “We determined that the best path toward providing our fans with more options is to handle many of the broadcast obligations in-house.”

The Rangers earlier this month entered into a multiyear agreement with A Parent Media Co. Inc. (APMC) to stream Rangers regional games directly to consumers on the Victory+ service starting this year. The team said then that service, which will cost $100 to access games for a full season, was the first step in providing multiple viewing options after several seasons of access issues, but still hasn’t revealed details about additional options.

Formation of the Rangers Sports Network comes before the anticipation of deals for local TV rights to have games air through traditional cable providers along with some limited over-the-air broadcasts. The Rangers have more than 16 million households in their broadcast territory over parts of five states.

Neil Leibman, who is part of the team’s ownership group, will be chairman of the Rangers Sports Media & Entertainment Company, relinquishing his previous team responsibilities as COO and president of business operations. Jim Cochrane, a 28-year veteran of the Rangers front office, was promoted to executive vice president and chief business officer.

The Rangers previously had their regional broadcasts on Bally Sports Southwest, part of the financially troubled Diamond Sports Group that went through a bankruptcy reorganization. The team’s deal with Diamond expired at the end of last season. Bally Sports Southwest was not available through some cable companies and many popular streaming platforms.

BALTIMORE — The Baltimore Orioles agreed to terms with Dylan Carlson on a $975,000, one-year contract Monday, a couple of months after the outfielder was non-tendered by the Tampa Bay Rays.

Carlson was a first-round draft pick in 2016 by the St. Louis Cardinals, and he hit 18 home runs in his first full season in 2021. Since then, however, he’s hit only 16.

Carlson hit .209 with three home runs and 25 RBIs in 96 games for the Cardinals and Rays in 2024, but at age 26 the switch-hitter may still have some upside and can play all three outfield spots.

The Orioles lost right fielder Anthony Santander to Toronto via free agency, and they’ve added outfielder Tyler O’Neill. Also in the mix for playing time in the Baltimore outfield are Cedric Mullins, Colton Cowser and Heston Kjerstad.

Carlson’s deal includes a $25,000 bonus if he reaches 200 plate appearances.

CHICAGO — The Cubs have acquired closer Ryan Pressly from the Houston Astros.

Pressly was to waive his no-trade clause to facilitate the move, and Houston was to send money to help cover his $14 million salary, sources told ESPN.

The Cubs sent right-handed pitcher Juan Bello back to Houston in the deal. Bello, 20, spent three years in the Cubs organization, playing for Class-A Myrtle Beach last season where he had a 3.21 ERA in 22 games started.

Pressly, 36, is likely to become the Cubs’ closer, a role he held with Houston from 2021 to 2023 before the Astros signed Josh Hader to a long-term contract. The veteran righty has 112 saves with a 3.27 ERA during his 12-year career, which includes six seasons in Minnesota.

The Astros showed its appreciation of the righty on social media, dubbing him “H-Town’s finest” and thanking him.

H-Town’s finest. ⁰⁰Thank you for every moment, Press. pic.twitter.com/N7fMRZDhj4

— Houston Astros (@astros) January 28, 2025

Pressly will join a bullpen that blew 26 saves last season, as the Cubs are looking to make a playoff push in 2025. Chicago hasn’t been to the postseason since 2020, working without an established closer over the past few years.

Righty Adbert Alzolay was ineffective last season, then he suffered a forearm injury and eventually needed Tommy John surgery. Porter Hodge, 23, finished the season as the closer, but the team wanted more experience and depth in the back end of the bullpen.

The Cubs pursued lefty Tanner Scott before he signed with the Los Angeles Dodgers last weekend, according to league sources. Chicago was less interested in the other free agent closers, instead settling for Pressly, who has one year left on a three-year, $42 million contract signed before the 2023 season.

Pressly will join newcomers Eli Morgan, Cody Poteet, Matt Festa, Caleb Thielbar and Rob Zastryzny in the Cubs’ bullpen.

The trade likely concludes the bulk of the team’s winter moves.