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Source: Rangers gauging market for Derek Holland, may try to sign and deal him

It appears the Rangers are ready to move on from Derek Holland, save some money and reallocate their resources elsewhere.

According to a source, the club is proactively making phone calls to gauge a market for the 30-year-old left-hander before it commits to picking up his 2017 club option worth $11 million. FanRag.com's Jon Heyman first reported the Rangers attempt to get the market going.

The Rangers must make a decision on Holland's option shortly after the World Series. If they decline the option, they would be responsible for a $1.5 million buyout. If they pick up the option and deal him, even if for a fringe prospect, they might be able to save the full $11 million, which is money that could be allocated for other starting pitching, a center fielder or first baseman.