9:01pm: The Chicago Tribune's Paul Sullivan is reporting that Toronto "wants no part of Milton Bradley." Meanwhile, Cubs GM Jim Hendry said that Chicago hasn't given up on Bradley, according to MLB.com's Scott Merkin. Of course, Hendry has to say that until the moment Bradley is traded.
5:55pm: A very interesting idea is being reported by Ken Rosenthal: a three-way deal, with Milton Bradley going to the Blue Jays, Luis Castillo to the Cubs, and Lyle Overbay to the Mets. Rosenthal said "The teams indeed have discussed the framework of such a deal, though not in direct fashion, according to major-league sources."
Breaking it down, the trade makes the most sense for the Mets, who would clear second base for long-coveted Orlando Hudson, a free agent. Overbay has also mashed righties for his entire career - .847 OPS career, .905 in 2009 - and could be paired with Daniel Murphy or Nick Evans for a high-reward platoon.
Castillo does block the movement of Ryan Theriot to second base when Starlin Castro arrives, but adding Castillo's on-base percentage would be a boon to the top of Chicago's lineup.
As for the Blue Jays, the deal would open up first base for Adam Lind, with Bradley slotting in as designated hitter. The question is: Overbay slugged .466 in 2009, while Bradley slugged just .397 - so is this an upgrade?