8:58pm: "I can't qualify for everything you hear," said GM Jerry Dipoto to MLB.com's Alden Gonzalez while reiterating that he is looking for overall pitching depth. "You never have enough pitching, so it's tough for me to say that there's not a time in this season where our situation may not change, but right now, we're very happy with where our pitching is."
10:25am: The Angels are "suddenly the front-runner" for free agent right-hander Roy Oswalt, reports ESPN's Jim Bowden (on Twitter). The Red Sox remain in the mix, though the Rangers and Cardinals are fading out of the picture despite Chris Carpenter's neck problems.
Oswalt, 34, is reportedly willing to sign anywhere and is eyeing a midseason return. Earlier in the offseason he was said to only be interested in playing for a team close to his Mississippi home. Andy Pettitte's return to the Yankees for a $2.5MM minor league deal may have set the market for free agent pitchers coming back during the season, though Oswalt isn't coming out of retirement like his former Astros rotation-mate.
The Angels have reportedly been seeking pitching depth behind their strong front four of Jered Weaver, Dan Haren, C.J. Wilson, and Ervin Santana, though they are said to be targeting out of options players and non-roster invitees. Oswalt at a salary similar to Pettitte's could be the bargain of the year.