Jason Bay Rumors: Monday

8:31pm: Reagins told Mike DiGiovanna of the LA Times that talks with Bay are "new and developing."

2:36pm: ESPN's Gordon Edes tweets that Angels GM Tony Reagins has not yet arrived in Indianapolis.  So if the Halos did open talks with Bay's agent Joe Urbon, either they didn't involve Reagins or they happened by phone.

12:26pm: The Angels have opened talks with free agent outfielder Jason Bay, according to Tracy Ringolsby of FOX Sports.  Earlier today, SI's Jon Heyman said the Angels were thought to be dangling Juan Rivera as they entertain Bay.  With Bay expected to earn at least $10MM more per year than Rivera, is the upgrade worth it?  Or can the Angels afford to have both players under contract?

We learned earlier today that the Mariners might not get involved on Bay, despite his reported desire to play near home.