3:34pm: The Rays' interest in Posada isn't strong, says Marc Topkin of the St. Petersburg Times. According to Topkin, Posada figures to be, at best, among the club's fallback options if other moves don't go as planned.
11:38am: Recently, we learned that Jorge Posada would like to continue playing in 2012 if he can find the right situation. There appears to be interest in the veteran as the Rays, Orioles, and Phillies have inquired on Posada, the catcher's father told Javier Maymi of ESPNDeportes.com (Spanish link).
Sources told Maymi that the Rays are interested in exploring the possibility of signing Posada as a reserve first baseman, designated hitter, and backup to Jose Molina. The Rays already have Jose Lobaton and Robinson Chirinos to support Molina and even though both catchers suffered injuries over the winter, they are expected to be fine heading into Spring Training.
The Phillies would also be a curious fit for Posada with Jim Thome already providing a power bat against right-handed pitching. As for the Orioles, they reportedly didn't have much interest in Posada a month ago as they were seeking someone who could catch every day if necessary.