THURSDAY, 5:48pm: Bart Hubbuch of the New York Post confirms the agreement and adds that an announcement will come tomorrow or Saturday (via Twitter).
8:58am: Adam Rubin of the New York Daily News passes on a report from the Venezuelan paper, El Nacional, that says Blanco is on his way to a physical with the Mets. Via Twitter, Jon Heyman of SI.com suggests the Mets will sign Blanco. He says the club maintains interest in Bengie Molina.
MONDAY, 2:58pm: The Mets are close to a deal with free agent catcher Henry Blanco, according to Ken Rosenthal of FOX Sports. Blanco would be brought on as a backup. The 38-year-old hit .235/.320/.382 in 232 plate appearances for the Padres this year, catching 508 innings and earning $750K.
Rosenthal notes that in terms of starting catchers, Bengie Molina "is believed to be" the Mets' top target. Molina's prospects will be greatly affected by the Giants' decision whether to offer him arbitration tomorrow night.