The cat is out of the bag now, after Jon Daniels, freshly signed to a contract extension, laid it out Thursday in more detail than he had at any point since the end of last season.
The Texas Rangers are officially in a developmental phase, which apparently isn't quite a rebuild but has elements of a rebuild. The Rangers haven't shipped off their veterans for prospects and to slash payroll (no rebuild), but young players will likely replace any veterans dealt at the trade deadline (rebuild).
The upcoming off-season will likely be a repeat of the last, when the Rangers didn't extend themselves financial and finished off their roster with value signings.