The Rangers will not offer free agent starter Andrew Cashner a qualifying offer of $17.4 million, according to a Sunday night report, thereby relinquishing any chance of getting a draft pick in compensation.

FanRag's Jon Heyman said the Rangers "considered it, but are not expected" to extend Cashner a qualifying offer ahead of the 4 p.m. CT Monday deadline. Club officials did not immediately respond to questions.

they considered it, but rangers are not expected to extend $17.4M qualifying offer to cashner. strong season but low K rate, injury history. — Jon Heyman (@JonHeyman) November 6, 2017

Cashner, 31, went 11-11 with a 3.40 ERA in 166.2 innings for the Rangers after signing a one-year deal last winter. He ranked ninth in the AL in ERA, but also had a very low strikeout rate, which may scare some teams away from a long-term deal. MLB Trade Rumors, in its annual ranking of the top 50 free agents, predicted Cashner would sign a two-year, $20 million deal. If that is indeed his market, he might be tempted to take the qualifying offer and try to repeat his 2017 success.

Cashner ranked last among the 23 qualifying AL starters in strikeouts per nine innings at 4.64. As the theory goes, it suggests he had a lot of plays made behind him and, over time, those plays don't always get made and the results even out. Another statistic that suggests he could be headed for "regression" is the number of baserunners he allowed per nine innings. He ranked 41st of 58 MLB qualifiers, allowing 12.37 runners per nine innings.