The Fort Worth Star-Telegram’s T.R. Sullivan writes the Rangers have signed free agent P Kevin Millwood.

The AP’s reports Millwood’s contract is worth $60 million over 5 years, though Texas can void the 5th year of the deal if the former Indians/Phillies/Braves hurler doesn’t pitch a minimum number of innings during prior years.

Chan Ho Park was unavailable for gloating purposes.

Milwood, 31, had an AL leading 2.86 ERA amongst starters last season, a figure that will surely be higher in 2006 given the likely effects of pitching in Arlington.