It'll be done before the end of this week, before the Winter Meetings. All I can say right now is there is more than one club involved and not all of them are in the American League.
Today we'll learn whether Zaun, a Type B free agent, is offered arbitration by the Rays. My guess is they won't, mainly because they already turned down his $2MM club option. Where do you think Zaun will land? The Blue Jays, Royals, Mariners, Giants, Astros, Nationals, and Mets might consider offering up a starting job.