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Ramon Hernandez Traded For Ryan Freel

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7:52pm: Scott Miller says the Orioles are sending $3MM to the Reds, not $1MM as previously reported. Kubatko says it’s $2MM.

4:34pm: MLB.com’s Mark Sheldon adds that the Orioles will receive prospects Brandon Waring and Justin Turner and will send $1MM to the Reds.

2:39pm: Rosenthal says an agreement has been reached to send Hernandez to Cincy for Freel and two prospects.  The Orioles are sending over $1MM, so the deal requires approval of the commissioner’s office.  I can see how this might work out for both clubs; each player had worn out his welcome.

By the way, Tom Haudricourt rejects the idea that the Brewers were interested.

2:29pm: The Orioles would send cash to Cincy to offset Hernandez’s salary.  This deal might be announced soon.  Walt Jocketty said "we’ll have something" later when questioned.

1:56pm: John Perrotto believes a Hernandez for Freel deal will be announced today.

TUESDAY, 12:30pm: Seems that a deal for Hernandez is close, though Roch Kubatko says the Brewers jumped into the mix.  Kubatko still thinks Hernandez will be traded to the Reds.

MONDAY, 9:37pm: Walt Jocketty slyly lifted his eyebrows when asked about this rumor, according to MLB.com’s Mark Sheldon.

7:11pm: Rosenthal says the Reds would also kick in a prospect in this deal, but want the O’s to pay a significant portion of Hernandez’s salary.

6:01pm: John Fay of the Cincy Enquirer says he’s heard the Hernandez for Freel rumor from both sides.

12:21pm: According to Roch Kubatko of MASN Online, one of the teams interested in catcher Ramon Hernandez would like to swap contracts.  The team would send the Orioles a utility guy who can play the infield and outfield.

Kubatko goes on to note that the Reds and Astros are looking for catching. Connecting the dots, Kubatko may have been talking about Ryan Freel above.  Hernandez has $9MM left on his contract, while Freel has $4MM.

Twins Rumors: Kouzmanoff, Wigginton, Cantu

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6:38pm: Phil Miller says the Twins’ young pitching is quite popular at the Meetings.

12:04pm: The latest from La Velle E. Neal III of the Minneapolis Star-Tribune:

  • The Twins have discussed Kevin Kouzmanoff, Ty Wigginton, and Jorge Cantu internally.  It’s not known whether they’ve actually inquired.
  • Jack Wilson is still on the Twins’ radar.
  • Several teams have asked about Boof Bonser.

Rafael Furcal Rumors: Tuesday

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5:59pm: Kinzer told Rosenthal the Dodgers, Blue Jays, Royals, and A’s are in the running for Furcal, who still wants a four-year deal.

5:34pm: The Red Sox have not contacted Paul Kinzer about Furcal, says WEEI’s Alex Speier.

3:28pm: J.P. Ricciardi confirmed his informational meeting with Furcal’s agent.  The Jays would have to move some things around to fit in any significant acquisition.

12:12pm: The Dodgers have made re-signing Furcal their top priority, says Tom Verducci.

12:32am: Though Furcal reportedly rejected an Oakland offer of four years for $35-40MM, GM Billy Beane would not say his pursuit is over.

12:11am: According to Dylan Hernandez of the L.A. Times, the Dodgers re-opened talks with Rafael Furcal Monday night.  They are unwilling to give him a four-year deal.

Red Sox Rumors: Payton, Taguchi, Bard, Paulino

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Michael Silverman of the Boston Herald has a few new Red Sox rumors:

  • The Sox are not interested in Jay Payton or any Craig Landis client (he also reps Jon Garland).  They’re also not in on So Taguchi.
  • Josh Bard could be a Plan B or C at catcher.  Ronny Paulino has also been discussed.

Pirates Rumors: Eckstein, Wilson, Turnbow

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5:29pm: A handful of teams have expressed interest in Doug Mientkiewicz, reports Jenifer Langosch.  He expects to sign within a few weeks, and his agent will meet with the Pirates this week.

4:56pm: Kovacevic confirmed that the Pirates are in negotiations with Eckstein.  The Orioles and Padres are also said to be in on him.  As for Wilson: the Dodgers are said to be exasperated by the Pirates’ asking price.

12:10am: Let’s check in with Dejan Kovacevic and Rob Biertempfel for the latest on the Pirates.

  • Kovacevic on Jack Wilson: the Tigers are out, the Dodgers are quiet lately, and the Twins are in.  Biertempfel says the Orioles continue to watch from afar.  Wilson’s contract is a sticking point for all suitors.
  • Kovacevic believes the Pirates have at least not ruled out the idea of pursuing Pedro Martinez.
  • Derrick Turnbow will throw for scouts in mid-January, so he probably won’t sign until then.  The Pirates and Giants are among eight teams that have expressed interest.
  • The Pirates seem likely to make a Rule 5 pick this year.
  • With Pirates target Mark Loretta signing with the Dodgers, Biertempfel wonders if the Bucs may pursue David Eckstein or Craig Counsell.

Red Sox Interested In Pettitte, Pavano, Penny

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5:26pm: WEEI’s Alex Speier says that while the Red Sox touched base with Pettitte’s agent, there’s almost no chance they sign him.  They also have not had meaningful dialogue for Ben Sheets.

8:30am: Add Carl Pavano and Brad Penny to the starting pitchers under consideration for Boston, according to Nick Cafardo.  He says the Marlins are the favorite for Pavano, and the Yankees are still in it.  We learned yesterday that the Blue Jays have interest.

12:36am: According to Tony Massarotti of the Boston Globe, the Red Sox expressed interest in free agent lefty Andy Pettitte.  Could Pettitte cross enemy lines in 2009?  For now Massarotti says the Red Sox have simply kicked the tires, as they seem to do with most interesting free agents.

Derek Lowe Rumors: Tuesday

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5:22pm: Heyman says the Yankees are negotiating with Boras about a four-year deal for more than $65MM.

1:19pm: SI.com’s Jon Heyman says the Phillies and Yankees lead the charge for Lowe, who wants $80MM over five years.  A team official for one club told Heyman he was "shocked" with the escalating bidding.

8:34am: According to Nick Cafardo of the Boston Globe, a Phillies official denied the presence of a three-year offer for Derek Lowe.  Does this mean they have two or four years on the table?  Cafardo talked to another source who said Lowe likes the idea of pitching for Philly.

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