4:34pm: Jesse Sanchez of MLB.com reports that the Rangers are receiving two international bonus slots from the Angels, which are worth a combined total of $879,500 (Twitter link).

3:15pm: The Rangers have acquired an international bonus slot from the Angels in exchange for minor league right-hander Jason Hoppe, executive VP of communications John Blake announced (on Twitter).

Toppe, 23, was the Rangers’ 27th-round pick in last year’s draft out of Minnesota State University. He debuted with the club’s short-season Class-A affiliate in 2014 and has returned to that level to begin the 2015 season. The Minnesota native has a 4.97 ERA with a 38-to-10 K/BB ratio in 38 professional innings to this point. He didn’t rank among Texas’ top prospects.

The Rangers have a $4,586,600 bonus pool this year, per Baseball America, and have already agreed to $2.6MM worth of bonuses with Leodys Taveras and Miguel Aparicio earlier today. The Halos blew past last year’s international spending cap in order to sign Cuban infielder Roberto Baldoquin, so the team won’t be able to sign an international free agent for more than $300K anyhow. As such, it’s logical that they’re exploring trades with their international slots.