12:57pm: Bernie Miklasz of the St. Louis Post-Dispatch says Scott Boras might consider one or two-year offers for Holliday. However, there are nine-figure offers out there, so, as Miklasz says, a short-term deal seems "highly unlikely." Miklasz hears that Boras won't go for a five-year offer from the Cardinals. The agent seems to be going for a seven or eight-year deal, but the Cards remain confident in their chances of bringing Holliday back.
8:17am: Yesterday we heard that the Cardinals were "working toward an agreement" with Matt Holliday. Talks are picking up and the Cards' offer is apparently considerable. Jon Heyman and Buster Olney suggested that the Cards have offered $100MM or more, Tracy Ringolsby heard that the Cards offered $140MM and Derrick Goold said the sides have even discussed an eight-year deal.