9:59pm: Rosenthal tweets that the Blue Jays could also be seriously involved in the pursuit for Martin. The Tigers worried that the Jays would outbid them for Victor Martinez, Rosenthal writes, seemingly implying that the Jays have the funds needed to land Martin, who looks like he might end up signing a similar contract.

8:43pm: Executives involved in negotiations with free agent catcher Russell Martin believe the Cubs are the leading bidders, Ken Rosenthal of FOX Sports tweets. Rosenthal further suggests that the negotiations are heading toward a deal in the range of four years and $64MM, a bit less than the five years and $72.5MM MLBTR’s Steve Adams recently projected for Martin.

The other teams most strongly connected to Martin have been the Dodgers, Blue Jays and Pirates, although the Pirates recently traded for Francisco Cervelli, a possible indication that they feel it’s unlikely they can re-sign their catcher. They extended Martin a qualifying offer, which he declined. The Cubs’ top pick (No. 9 overall) is protected, so they’ll only have to give up their second-round pick if they sign Martin.

A report early in November indicated that the Cubs intended to pursue Martin. The team intends to be a major bidder for top free agents this offseason, and Martin represents a significant offensive upgrade over incumbent Welington Castillo. Also, Martin excels at framing and has gotten excellent marks for his work with pitchers, two good traits for a team aiming to develop young pitching.

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