3:09: Ed Price confirms that the Dodgers acquired Sherrill. Rosenthal and Morosi do, too. Bell is a well-regarded 22 year-old power prospect, though Baseball America is unsure whether he can stick at third base. BA projects Johnson as "a big league reliever or back-end starter."
2:44pm: MLB.com's Ken Gurnick reports that the Dodgers acquired George Sherrill for Josh Bell and righty Steve Johnson.
2:40pm: Yahoo's Gordon Edes says the Orioles are "on the verge of trading Sherrill to the Dodgers for Scott Elbert and Josh Bell." Sherrill, 32, is under team control through 2011. He has a 2.40 ERA with 20 saves in 41.3 innings this year. Fantasy leaguers, time to pick up Jim Johnson.
2:03pm: Ed Price of AOL Fanhouse (via Twitter) has a source saying Sherrill's a Dodger, but he is working to confirm the info. ESPN's Jayson Stark's source says there's no agreement, however. The Dodgers are making a push for him this afternoon, but there are at least eight interested clubs.
Stark adds that the Dodgers want two relievers, with Toronto's Jason Frasor on the radar.
THURSDAY, 11:43am: Morosi and Rosenthal say the Dodgers are pursuing both Sherrill and Roy Halladay. They may only be able to acquire one, since some of the same prospects are being discussed in each case. The writers say the O's prefer Josh Bell to Blake DeWitt for Sherrill. Baseball America loves Bell's raw power but wonders if he'll be able to stick at third base.
WEDNESDAY, 7:10pm: Morosi and Rosenthal say that you can count the White Sox in as a team interested in Sherrill, though it's unclear if the teams have made contact. It's speculated that Josh Fields might go to the Orioles in a deal, as they're looking for help at third base pending the departure of Melvin Mora.
2:44pm: As many as eight teams are pursuing George Sherrill, according to Ken Rosenthal and Jon Paul Morosi of FOX Sports. Two or three of the teams are actively engaging the O's in trade talks.
The Angels are interested, as are the Dodgers, whose prospects appeal to Baltimore. Joel Sherman of the New York Post hears that the Dodgers are focused on trading for Sherrill now that Cliff Lee's off the market.