ESPN's Jerry Crasnick reports that teams interested in landing the services of free agent right-hander Scott Feldman need to be in the three-year, $30MM range to get talks started (Twitter link).

Feldman enjoyed a rebound campaign in a season split between the Cubs and Orioles. The 30-year-old posted a combined 3.86 ERA with 6.5 K/9, 2.8 BB/9 and a strong 49.6 percent ground-ball rate in 181 2/3 innings. Feldman's career has been one of ups and downs as he dealt with injuries throughout his tenure with the Rangers, but he's typically been a solid arm on the field when healthy.

He and agent Matt Brown of Pro Prospects, Inc. undoubtedly have to be pleased with the way the free agent market for starting pitching has developed to date. Tim Hudson inked a two-year, $23MM contract despite the fact that he didn't pitch the final two months of the season and is entering his age-39 season. Jason Vargas, who also missed two months with injury, signed a surprising four-year contract, and the Twins overlooked Phil Hughes' lofty ERA in issuing a three-year, $24MM pact. Clearly, the price for starting pitching is high this season, which should bode well for Feldman and Brown.

Just over a week ago, it was reported that there was mutual interest between Feldman and the Orioles (who have been said to have interest in retaining him on more than one occasion) and that Feldman could sign a two-year deal with an option. That report came prior to the Hughes signing, however.