6:38pm: The Pirates have put a high price tag on Correia, according to Jon Heyman of CBS Sports (on Twitter).
The 31-year-old Correia has pitched to a 4.24 ERA with 4.2 K/9, 2.5 BB/9 and a solid 51 percent ground-ball rate entering play today. Correia is making $3MM in the final season of a two-year, $8MM deal that he signed with the Pirates in December of 2010.
General manager Neal Huntington said that the plan for Correia is to work out of the bullpen for now, but he predicts Correia will be used for some spot starts down the line. Huntington did acknowledge that a move to the bullpen could damage Correia's free agent value this offseason. Huntington went on record as saying the team is open to trading Correia, but only if it makes the Major League team better.
Biertempfel writes that the Pirates are still looking for an upgrade at a corner outfield spot, first base, or shortstop as well as bench help. Several teams are searching for starting pitching, including the Orioles and Braves, although it's not clear that buyers would view Correia as an upgrade to their current options. Correia made his first relief appearance today and allowed four runs on five hits and a walk in just two innings, which certainly doesn't make him any more attractive to other teams.