We'll keep track of the day's updates on Masahiro Tanaka right here:
- ESPN's Jayson Stark tweets that it was amazing how many owners at the quarterly owners meetings in Arizona were convinced that the Cubs were preparing to blow away the rest of the field with their offer to sign Tanaka.
- The Angels are telling other clubs that they are "not seriously involved" in Tanaka negotiations, tweets ESPN.com's Buster Olney.
- The Cubs are "pushing hard" for Tanaka, reports FOX Sports' Ken Rosenthal on Twitter. The Angels "remain involved" on the 25-year-old righty, says Rosenthal, along with other teams that have been prominently linked to the Japanese ace (such as the Yankees and Dodgers).
- We have heard previously that the Cubs were prepared to make a major offer to Tanaka. Indeed, as club president Theo Epstein has said previously, he "wish[es] there was a free agent market for young players." Tanaka is about as close as things get to such a market.
- The involvement of the two Chicago organizations in the Tanaka sweepstakes is an indication of his broad market appeal. (The White Sox are one of a few teams confirmed to have met with Tanaka, though some cold water has since been thrown on their interest.) Both clubs have substantial resources, but neither has qualified for the postseason since 2008 and neither looks primed to break up that trend in 2014. Nevertheless, both teams have made substantial free agent commitments over the last two years to relatively youthful players (Edwin Jackson for the Cubs and Jose Dariel Abreu for the White Sox).