THURSDAY, 9:12am: Olivo has told people he expects to get a deal done with somebody today, tweets Geoff Baker of the Seattle Times. Baker notes that Mariners GM Jack Zduriencik said he's had "in-depth dialogue" on a catcher.
WEDNESDAY, 8:31pm: The Mariners have not made an official offer, according to Ryan Divish of the Tacoma News Tribune (on Twitter).
8:10pm: The Mariners have offered Miguel Olivo a multiyear deal and are discussing a potential agreement with him, according to Jon Paul Morosi of FOX Sports (on Twitter). In 427 plate appearances for the Rockies last year, the nine-year veteran batted .269/.315/.449 with 14 homers. Olivo spent part of 2004-05 in Seattle.
The catcher declined arbitration from the Blue Jays after earning a $2MM base salary in 2010, so he and agent Martin Arburua presumably believe that there's more than $3MM or so available on the open market. Otherwise, they could have accepted Toronto's offer. If the Mariners complete a major league deal with the 32-year-old, the Blue Jays will obtain a supplementary first round pick.