The Texas Rangers are looking to exit the rebuild stage and make strides towards contending for the playoffs in 2022, and they just took a huge step towards accomplishing that goal.

According to ESPN's Jeff Passan, the Rangers have successfully landed one of the biggest names on the open market. Passan reports that the Rangers and star shortstop Marcus Semien have agreed to terms on a seven-year, $175 million contract.

Semien was one of the most sought-after talents in MLB Free Agency this offseason, and the Rangers were remarkably able to lure him to Arlington on a lucrative new deal.

Semien will earn an average of $25 million per season with his new deal, which will see him in a Rangers uniform through the 2028 season. It's an absolutely massive heist for Chris Woodward and Co., who have been vying to bring a superstar to Texas to help lead the transition into their new ballpark, which opened last year.

After trading Joey Gallo to the Yankees at the deadline, the Rangers threw the towel in on the 2021 season, but all indications this offseason suggest the Rangers are serious about competing in 2022.

Semien has emerged as one of the best offensive players in baseball over the past few years. He enjoyed a major breakout with the Oakland Athletics in 2019, when he finished third in the American League MVP race. Semien latched on with the Blue Jays in 2021 and had another stellar year, slashing .265/.334/.538 with 45 home runs and 102 RBI and making his first-ever All-Star appearance.

Now headed to Texas, Semien will help round out an infield that consists of young talents such as Nate Lowe, Nick Solak and Isiah Kiner-Falefa.