3:11pm: The Giants and Mets have reached a tentative agreement on a Beltran trade, report Rosenthal and Morosi.
2:27pm: The Mets will pay $4MM of the $6MM remaining on Beltran's contract, an executive not directly involved with the trade tells Sherman. The number is confirmed by ESPN's Buster Olney (Twitter link).
1:30pm: If nothing happens in the next 24 hours to scuttle the deal, it's just Wheeler for Beltran and cash, tweets Sherman. The Mets are sending a significant amount of money, tweets SI's Jon Heyman.
12:17pm: Carlos Beltran is going to the Giants, tweets Yahoo's Tim Brown, with logistics being worked out. Just minor details remain, tweets SI's Jon Heyman. ESPN's Buster Olney tweets that the two teams are at the one-yard line, while Brown reminds us that a 24-hour waiting period applies since Beltran has 10-and-5 rights. The Phillies are just barely hanging on for Beltran, according to multiple reports.