11:04am: The Rockies will not sign Santana, Troy Renck of the Denver Post tweets.
10:53am: The Blue Jays are "optimistic" about landing Santana, although they have not yet reached an agreement with him, FOX Sports' Jon Morosi tweets.
9:08am: The Blue Jays are willing to offer a deal in the $14MM range with no incentives, Heyman writes. The Orioles may be a bit behind the Blue Jays. The Rockies, meanwhile, may be out of the bidding, as Heyman tweets.
8:47am: Santana is currently negotiating a deal near one year and $14MM with the Blue Jays, Orioles and one National League team, possibly the Rockies, CBS Sports' Jon Heyman writes. Of those teams, the Jays and Orioles are the most likely to get Santana, who could pick a new team "in the next day or two."
8:05am: Ervin Santana will sign a one-year, $14MM contract with an AL club, Dionisio Soldevila of ESPN Deportes tweets. That team is not the Orioles, Roch Kubatko of MASNsports.com tweets. The Royals have also recently indicated that they are no longer pursuing Santana.
Last night, it was reported that Santana had begun looking for a one-year deal, amidst further reports about changes in his representation. AL clubs recently connected to Santana have included the Mariners, Rangers and Blue Jays.
$14MM would, of course, be very similar to the $14.1MM qualifying offer Santana rejected from the Royals. A $14MM deal would be a very disappointing result for a 31-year-old pitcher coming off a 3.24 ERA with 6.9 K/9 and 2/2 BB.9 in 211 innings. But Nelson Cruz's deal with the Orioles demonstrates what a severe effect the qualifying offer has had in depressing the salaries of certain free agents.