Angels In The Market For A Closer

8:21am: The Angels have inquired on A's closer Andrew Bailey, tweets Ken Rosenthal of FOX Sports.  He clarifies that the interest was early and has not intensified.

7:41am: The Angels are "definitely" in the market for a closer, tweets SI.com's Jon Heyman. Los Angeles would apparently like a veteran presence to help Jordan Walden along. Heyman feels that Ryan Madson makes the most sense for Los Angeles to pursue.

Walden, 23, doesn't seem to need too much help. The flamethrowing rookie posted a 2.98 ERA in 60 1/3 innings this season while striking out 10.0 per nine innings and recording 32 saves for the second place Halos. His fastball averaged 97.5mph, while strong FIP (2.79) and SIERA (3.01) marks back up his success.

The Angels are also in on Aramis Ramirez and have an offer out to C.J. Wilson. Late last night, we heard GM Jerry Dipoto has budget limitations that will limit his spending to $15-$20MM, barring any moves to free up some more payroll.

More East Links: Red Sox, Hamels, Reyes, Nix

Another batch of links surrounding the Eastern divisions, less than 12 hours after the Marlins and Jose Reyes agreed to terms on a six-year, $106MM contract:

D’Backs Prioritizing Montero Extension At Meetings

The Diamondbacks are prioritizing an extension for Miguel Montero, writes Tracy Ringolsby of FOX Sports. Last month we heard that while there's mutual interest between the two sides, discussions were at an impasse. The 27-year-old backstop played in a career-high 140 games, batting .282/.351/.469 in 2011.

Within the same piece, Ringolsby says the Snakes must also decide whether or not to bring back lefty Joe Saunders. Saunders is in line for a big raise from his $5.5MM salary in 2011, and the D'Backs have the depth to non-tender him and fill the spot internally with names like Jarrod Parker, Tyler Skaggs, and Trevor Bauer.

Pirates Interested In McLouth, Talking To Lee

7:31am: Pittsburgh is also talking with Derrek Lee, according to SI.com's Jon Heyman (on Twitter), though the first baseman has other suitors.

D-Lee came to the Pirates in a July trade, and while injuries limited him to just 113 plate appearances in with the Buccos, he absolutely mashed back within the familiar confines of the NL Central. Lee hit .337/.398/.584 and teed off on seven homers. The market for Lee has been pretty quiet thus far.

1:06am: The Pirates may add an outfielder this winter, according to Jon Paul Morosi of FOX Sports (on Twitter), and they're interesed in reuniting with old friend Nate McLouth.

After a solid 2007 with the Buccos in which he hit .258/.351/.459, McLouth exploded in 2008 by hitting .276/.356/.497. He joined the 20-20 club that season, belting 26 big flies and swiping 23 bags while also leading the Senior Circuit with 46 doubles. That season led the Pirates to sign him to a three-year, $15.75MM extension, but he was traded to the Braves less than four months later for Gorkys Hernandez, Jeff Locke, and Charlie Morton.

After hitting .229/.335/.364 and battling hamstring and oblique injuries over two and a half seasons with the Braves, McLouth would cost only a fraction of the $6.5MM salary he earned in 2011. With Jose Tabata, Andrew McCutchen, Alex Presley, and Garrett Jones all in the outfield mix in Pittsburgh, McLouth would likely have to return in a reduced role.

Dodgers, Kershaw Had Preliminary Extension Talks

The Dodgers already locked up one of their cornerstones this offseason when they signed Matt Kemp to an eight-year, $160MM extension, but they may be eyeing a repeat. ESPN's Buster Olney tweets that the Dodgers have met with 2011 Cy Young winner Clayton Kershaw's representatives and discussed a long-term deal, though no serious talks have taken place yet.

Kershaw, who will be 24 on Opening Day, will be arbitration eligible for the first time this offseason. With the help of Matt Swartz, MLBTR projects the southpaw to earn a whopping $8.4MM, which would be a record for a first-time arbitration case.

If Kershaw continues at his current pace, he could be in line for $20MM through the arbitration process by his third year of eligibility. A long-term deal for the Dodger southpaw would likely exceed the value of the five-year pacts signed by both Justin Verlander ($80MM) and Felix Hernandez ($78MM) in lieu of their second rounds of arbitration.

Both Verlander and Hernandez signed their extensions prior to winning the AL Cy Young Award, and both pitchers' projected second-year arbitration salaries compare at least somewhat favorably to what Kershaw would earn in his first. When examining the situation in the Dodgers edition of the Offseason Outlook series, Tim Dierkes estimated that Kershaw could command something along the lines of $90MM over the course of six years.  Remarkably, an extension could approach nine figures, despite the fact that Kershaw has yet to see his 24th birthday.

Overnight Links: Wright, Astros, Cardinals, Rockies

The Winter Meetings are here, and that means 24/7 coverage is here at MLBTR as well. I'll be doing overnight shifts throughout the duration of the Winter Meetings, so feel free to stay up late for your fix of Hot Stove news. Here's some overnight quick hits:

Manny Ramirez Files For Reinstatement

MONDAY, 4:37am: Olney tweets that it's "unlikely, but possible" that the Rays will show interest in bringing Ramirez back.

SUNDAY, 8:44pm: In a news release, MLB has confirmed that Ramirez has applied for reinstatement and will serve a 50-game suspension, tweets Jon Paul Morosi of FOX Sports.

8:32pm: The Rays aren't expected to have any interest in signing Ramirez again, tweets Marc Topkin of the St. Petersburg Times.

6:04pm: The Mariners are probably not interested in signing Ramirez, a source tells Buster Olney of ESPN.com (via Twitter).

4:01pm: Olney tweets that the early response from evaluators around baseball is that an AL team will give Manny a non-roster invite to Spring Training to see if he can still hit. Olney also speculates that the following teams will have no interest in Ramirez: the Red Sox, Yankees, Royals, Tigers, White Sox, Indians, Twins, Rangers, Angels, and A's (more Twitter links).

3:14pm: A source tells ESPN's Buster Olney that Ramirez has already filed for reinstatement and that he will indeed serve a 50-game suspension rather than 100. Ramirez is currently working out in Florida. He and his agents have told teams that he is ready to begin discussions. Ramirez's suspension clock wouldn't begin until he signs a contract (all Twitter links).

2:22pm: Morosi clarifies that the Players' Union will argue that Ramirez effectively served his 100-game suspension last season. MLB will need to apply some form of punishment though, and Morosi says a 50-game suspension is a likely compromise. The 50-game violation isn't official, but both sides "seem amenable to it," says Morosi (Twitter links).

1:55pm: Manny Ramirez apparently isn't done "being Manny" yet. The troubled slugger will file for reinstatement from Major League Baseball's voluntary retired list according to Jon Paul Morosi of FOX Sports. Ramirez has hired agents Barry Praver and Scott Shapiro, and will be eligible to play in the 2012 season following a 50-game suspension, though his initial punishment was a 100-game suspension.

Ramirez signed a one-year deal to be the Rays' primary designated hitter last season, but abruptly retired in the season's first week after he tested positive for a banned substance for the second time in his career.

Without the PED controversy, the 39-year-old's career numbers would make him a lock for the Hall of Fame. He owns a career .312/.411/.585 triple slash line with 555 long balls. Those credentials are obviously questionable in light of drug testing though, and nearly 74% of MLBTR readers who responded to this April poll said they didn't feel Ramirez should make it to Cooperstown.

Morosi’s Winter Meetings Preview

Jon Paul Morosi of FOX Sports covers some of the major headlines that we'll be seeing over the next four days during baseball's Winter Meetings. Here's a late night look at the highlights:

  • Albert Pujols and Prince Fielder are still the headliners, and Morosi thinks that Pujols will sign first (although not necessarily this week). Once Pujols signs — Morosi predicts he'll remain in St. Louis — it's possible that his the increased number of suitors for Fielder will land him more money than Pujols. Fielder, of course, is also four years younger than Pujols.
  • Fielder prefers teams east of the Mississippi River and teams that can win the World Series in the near future. The list of known interested parties includes the BrewersMariners, Cubs, Rangers, Blue Jays, and Nationals. Seattle's rebuilding status and geographic location may remove them from the mix, while the uncertainty around how much Chicago's new front office is willing to spend may remove them as well.
  • Morosi doesn't think Angels GM Jerry Dipoto would've moved Tyler Chatwood without knowing the acquisition of another starting pitcher was close at hand.
  • The Twins remain interested in Edwin Jackson, according to Morosi's sources, but the Scott Boras client isn't likely to sign before fellow free agents C.J. Wilson and Mark Buehrle.
  • The availability of Andrew Bailey, Huston Street, and Brandon League slows down the market for free agent closers, and Morosi speculates that a few wise teams in search of closers will be able to wait out veteran bargains as potential closing gigs dwindle.
  • The Yankees, Tigers, Marlins, and Nationals have been the most active in scouting Yoenis Cespedes. While he's not a free agent yet, his market will be dictated by whether or not teams like Miami and Washington land their other targets at the Winter Meetings and in the coming weeks. Detroit would be most interested if they decide that Cespedes can bat leadoff for them right away.
  • Robert Whiting, an expert on Japanese baseball, told Morosi over the weekend that there's still no word on whether or not Yu Darvish will be posted.
  • Whiting told Morosi that Darvish became disillusioned with the posting process, partly because of the failure of Hisashi Iwakuma and the A's to work out a deal last year. He is also wary of the struggles and ridicule that other NPB stars have incurred in their transition to MLB, Whiting told Morosi.

Angels Have $15-$20MM To Spend

As new Angels GM Jerry Dipoto prepares for his first Winter Meetings as a general manager, Mike DiGiovanna of the L.A. Times writes that he'll be under budgetary limitations. The Angels would like to keep their payroll around $140MM, meaning that Dipoto will have $15-$20MM to spend on shoring up three areas of need: a starting pitcher, a big bat, and a short reliever.

The Halos currently have an offer out to C.J. Wilson, and have also been linked to both Aramis Ramirez and Ryan Madson at various points in the past few weeks. DiGiovanna says that the rest of the Angels' offseason will likely hinge on the next move that is made.

Whichever hole (if any) Dipoto decides to fill via free agency, he also made it very clear that he's comfortable trading in this quote, relayed from DiGiovanna:

"Free agency is not foreign to me, but you're constantly exploring opportunities for trades…
the only other 2 1/2 -month period of time I did this job was right in the middle of trade deadline, so I'm very comfortable in it."

DiGiovanna speculates that Ervin Santana, Maicer Izturis, and Alberto Callaspo could become trade chips that would allow the Angels to pursue Ramirez even if they land Wilson. Santana will earn $11.2MM in 2012, while Izturis is under contract for $3.8MM and MLBTR's projections (courtesy of Matt Swartz) have Callaspo at $3.1MM.

Prince Fielder Rumors: Sunday

At just 27 years of age, Prince Fielder owns 230 career home runs and three consecutive seasons of an OBP north of .400. He hasn't played in fewer than 157 games in a full season, despite his hulking frame. All of that will contribute to what's likely to be plenty of Prince Fielder rumors at this week's Winter Meetings. Let's run down today's:

  • There is some growing optimism that Fielder could remain with the Brewers, according to Danny Knobler of CBS Sports. Knobler cites the slowly developing market for Fielder and the aggressiveness of owner Mark Attanasio as the reasons, noting that Attanasio seems to be indicating he wants to make a real effort to re-sign Prince.
  • Fielder is not a target for the Nationals, according to MLB.com's Bill Ladson (via Twitter).  The Nats already have Adam LaRoche and Michael Morse at first base.
  • The Blue Jays have plenty of spending money and appear to be in the mix for Fielder, writes SI.com's Jon Heyman (via Twitter).
  • Heyman also tweets that he's received some conflicting reports on the Mariners' involvement in Fielder. Two executives say they "badly want" Fielder, while two Mariners sources say they have little money to spend.