The Associated Press talked to Pedro Martinez, who says he has had discussions with the Cubs and Rays.
"There's a good chance I'll be signing soon, but there still isn't anything firm," Martinez said.
This fits in with reports last week that Pedro had worked out with the teams, though Marc Topkin at the St. Petersburg Times talked with a Rays official who said it was "very unlikely" anything would come of it. Martinez also said he wants to pitch for a contender, because he needs the "emotion of competition."
Where will he land? Keep up with all the latest coverage of Pedro Martinez here.