4:34pm: One holdup in the talks between Hardy and the Orioles has been concern on Hardy's part that the Orioles will trade him, according to Ken Rosenthal of FOX Sports (on Twitter).
4:02pm: The Orioles and Hardy are progressing on a three-year deal that could be worth $21-25MM, according to ESPN.com's Buster Olney.
3:10pm: There's optimism from the Orioles and J.J. Hardy about a potential extension and Baltimore appears to be willing to offer a three-year deal, according to Jeff Zrebiec of the Baltimore Sun (Twitter links). It's not clear how much money the Orioles will offer the shortstop, who will become a trade candidate later this month if the Orioles don't complete a long-term deal, as they hope to.
The Orioles started extension talks with Hardy in June, but that hasn't stopped other teams from inquiring about his availability. It's not surprising that general managers are taking note of the 28-year-old's play. He has a .277/.336/.496 line with 13 home runs and a $5.85MM salary so far in 2011. If the Orioles don't reach an agreement with Hardy, he'll hit the open market after the season.