Rangers Discussing Millwood Trades

3:10pm: MLB.com's T.R. Sullivan believes the Orioles have cooled on Millwood.  He says the Rangers were interested in Chris Tillman (which is crazy) while the O's offered David Hernandez and Brandon Erbe (Erbe alone seems fair).

9:00am: Jon Paul Morosi of FOX Sports says no deal is imminent and the Rangers are in serious talks with multiple teams about Millwood.  As you know, the Rangers allowed Millwood to record "The $12 Million Out" last September, letting his $12MM option vest for 2010.  Nick Piecoro of the Arizona Republic guesses that the D'Backs could be in the mix for Millwood if talks for Edwin Jackson fail, and Morosi agrees.

6:56am: The Baltimore Sun's Peter Schmuck reports that while it may have started as speculation, the rumors of Kevin Millwood going to Baltimore are starting to become more of a reality.

Schmuck reports that the Orioles are getting closer to acquiring Millwood for one of their second-tier pitching prospects. The Rangers are likely to eat some of Millwood's contract no matter what, I assume, but Schmuck writes that the number is dependent on which prospect the Orioles surrender.

Schmuck also adds that the Orioles have "at least a passing interest" in Joel Pineiro.  Pineiro's agent Adam Katz tells MASN's Roch Kubatko that Baltimore's interest in Pineiro and Rich Harden has just been "preliminary tire-kicking," however.