8:36pm: MLB.com’s Corey Brock learned from Towers that he should know one way or another on a Peavy trade by the end of the Meetings. Towers now believes a fourth team will be required. Towers mentioned that Marquis and DeRosa may be hangups, especially Marquis’ contract. Though he’d prefer not to, under certain circumstances the Padres might pay some of his salary.
There was some goofy Carlos Carrasco/Jason Donald stuff we didn’t link to today, and that was shot down. Brock suggests names like Josh Vitters, Felix Pie, and Kevin Hart could be involved on the Cubs’ part.
8:31pm: Jayson Stark says Peavy to the Cubs doesn’t seem inevitable anymore, and the sides have not made progress in the last 24 hours. The Cubs have leverage, so they’ve dug in their heels. Stark adds that once word of the possible inclusion of DeRosa linked, Jim Hendry has been "bombarded with calls from other clubs interested" in him. Hendry does not want to trade DeRosa.
6:00pm: Buster Olney says the Yankees have talked with the Padres recently about Peavy, but it didn’t go anywhere.
5:19pm: Brock talked to a Padres source who does not believe the Twins are involved.
4:10pm: Buster Olney says Axelrod left the Meetings with no word of a deal but the expectation is still that the Cubs will get it done.
3:48pm: Tom Krasovic reminds us that Peavy’s agent Barry Axelrod said going into the Meetings that the Yankees would be more attractive to his client if they signed C.C. Sabathia. Still, Peavy prefers the NL.
3:17pm: Corey Brock says the Phillies might want Scott Hairston from the Padres to use in left field.
2:33pm: Carrie Muskat’s Cubs source says DeRosa will not be traded.
9:45am: LEN3 says the Twins discussed DeRosa with the Cubs yesterday. The Cubs will present the Twins with a list of pitchers they like, which will be influenced by the Padres’ preferences.
9:31am: There’s word from Jim Salisbury that pitcher Kyle Kendrick could be included in this three-team trade.
1:19am: If you dare to sort through yesterday’s Jake Peavy rumors, click here. Today, Gordon Wittenmyer of the Chicago Sun-Times maintains that the biggest obstacle is the Cubs moving part of Jason Marquis’ contract. Another factor – the Padres will need to free up several spots on the 40-man roster. The Cubs’ sale will not be an issue.
Wittenmyer adds that a Phillies official didn’t expect to get Mark DeRosa from the Cubs but rather other players. Also, Cubs officials shot down the John Perrotto rumor that the Cubs might shop Carlos Zambrano after acquiring Peavy.