8:36pm: MLB.com's Mark Bowman heard from Glavine, who also described the meeting as "positive." He said he wants to sign with the Braves and sounds hopeful that he will. Frank Wren said he had a "good meeting" with Glavine.
Since Glavine's willing to accept a contract with deferred money, Bowman suggests this deal could work: $2MM guaranteed with up to $4MM in deferred incentives over the next five years.
7:38pm: Ken Rosenthal of FOX Sports hears that the Braves met with Tom Glavine today and offered him a deal that could be worth up to $3MM. Rosenthal's sources confirm Jerry Crasnick's earlier report: the deal would guarantee Glavine $1MM, pay him another million for making the team out of Spring Training and pay him the final million if he's on the Braves' roster for 60 days.
Glavine's agent, Gregg Clifton described the meeting as "amicable and positive" and said the two sides are still exchanging ideas. The Nationals are an option for Glavine if he doesn't reach an agreement with Atlanta.
The Braves have $6-8MM left to spend, but they'd also like to add an outfielder. Rosenthal describes Nick Swisher, who makes $5.3MM this year, as the Braves' most likely option. If Atlanta expects the Yankees to pick up any of Swisher's salary, they'd likely have to part with "higher quality prospects."
Rosenthal adds that Glavine could wait until March, when he turns 43, to sign. If injuries occur in Spring Training more teams could need starters.