8:52pm: Hal McCoy of the Dayton Daily News has another quote from Jocketty:
"Sheffield and (manager) Dusty Baker have a history and they talked yesterday. He has to clear waivers today, but we'll talk. We have interest because he would be a legitimate big right-handed bat to add to our lineup."
McCoy believes a meeting between Reds officials and Sheffield might take place Thursday.
7:14pm: Fay continues with the updates: Reds GM Walt Jocketty has confirmed his club's interest in Sheffield. "He's still a threat in the lineup... If the price is right," said the Cincinnati GM. The Reds will also look at Geoff Jenkins, who was released by the Phillies on Tuesday.
6:54pm: John Fay of the Cincinnati Enquirer reports that Reds manager Dusty Baker is meeting with Sheffield. It sounds like they're one of the "three interested teams" that Leyland alluded to this morning.
5:53pm: ESPN's Buster Olney has more from Sheffield's agent, Rufus Williams. Williams says Sheffield will be able to play this season and "a couple more seasons, at least." Olney adds that "some in baseball are speculating whether Sheffield would be a good fit with the Braves, where he had a good experience in 2002-03 and was liked by manager Bobby Cox."
Talking to MLB.com's Todd Zolecki, Phillies GM Ruben Amaro Jr. again confirmed his interest in Sheffield.
1:30pm: David Murphy of the Philadelphia Inquirer says Tigers manager Jim Leyland told Detroit reporters today that three teams are interested in Gary Sheffield. The Phillies are presumed to be one; some reports have suggested a slim chance despite Sheff's agent calling the talks "productive."