6:00pm: The deal isn't close at this time and isn't likely to happen at all, writes Michael Silverman of the Boston Herald. Silverman adds that the talks could indicate that the Red Sox are looking for ways to clear some salary in order to sign a free agent starter like Roy Oswalt.
4:25pm: The Rockies are nearing a deal for infielder Marco Scutaro, Troy Renck of the Denver Post tweets. The teams are talking and the Rockies are trying to complete the trade. The veteran infielder would presumably play second base if the Rockies acquire him.
Scutaro, 35, set career highs in batting average and slugging percentage for a .299/.358/.423 line in 445 plate appearances in 2011. He also had a career-best 8.1% strikeout rate and finished with more walks (38) than strikeouts (36). Only seven shortstops have contributed more wins above replacement than Scutaro (12.7) since 2008, according to FanGraphs’ version of the statistic. The Red Sox exercised their $6MM option for him after the season.
If the Red Sox move Scutaro, they'd have a hole at shortstop heading into Spring Training. With Jed Lowrie on the Astros, prospect Jose Iglesias and infielders Nick Punto and Mike Aviles would sit atop Boston's depth chart.