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Latest On Roy Oswalt

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7:09pm: Rosenthal now hears that the Reds are not actively pursuing Oswalt, but they are kicking the tires on the right-hander (Twitter link).

1:53pm: Pitcher Roy Oswalt is without a contract two weeks before the start of spring workouts and a number of suitors remain in the mix for his services.  Because the right-hander's top choices – St. Louis and Texas – are dealing with budget constraints, clubs such as the Reds continue to explore the possibility of signing him, according to Jon Paul Morosi and Ken Rosenthal of FOX Sports.

Walt Jocketty & Co. have spoken with Oswalt’s representatives recently and would probably need to move payroll and stretch their budget in order to afford him, according to a source.  Signing the 34-year-old, the duo writes, would signal that the Reds are going all-in and looking to win before the potential departures of Joey Votto and Brandon Phillips via free agency.  Votto is signed through 2013 while Phillips is set to hit the open market next winter.

Oswalt and the Red Sox continue to have “mutual interest” in one another, according to one source with knowledge of the dialogue.  He also remains interested in returning to the Phillies, according to sources, but they haven’t been aggressive in looking for starters.

Quick Hits: Jackson, Fielder, Rollins, Hall, Ortiz

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Here's a wrap-up of news from around the majors on the day that Edwin Jackson and Casey Kotchman both found new teams…

  • The Indians had interest in Jackson but "were not close" to matching the contract Jackson received from the Nationals, reports Danny Knobler of CBSSports.com (Twitter link).
  • Jackson turned down a three-year, $30MM offer to sign his one-year deal with Washington, tweets Jon Heyman of CBSSports.com.
  • Ken Rosenthal of FOX Sports looks at how Jackson, Ryan Madson and Francisco Rodriguez (all Scott Boras clients) settled for "pillow contracts" this winter to better position themselves for larger deals next year.
  • Prince Fielder, however, never considered a one-year deal, Boras tells James Schmehl of MLive.com.  Boras also says Fielder could have signed earlier in the offseason but was on vacation with his wife, delaying his meetings with interested teams.
  • Jimmy Rollins' $11MM option for 2015 will vest if he makes 600 plate appearances in 2014, or if he makes a combined 1100 PAs in 2013 and 2014, reports Jim Salisbury of CSNPhilly.com (Twitter link).
  • Diamondbacks CEO Derrick Hall says he has been contacted by some potential Dodgers owners about a job in Los Angeles, but Hall tells Nick Piecoro of the Arizona Republic that he's very happy with the Snakes.  Hall has four years remaining on his contract with Arizona.
  • David Ortiz's arbitration case with the Red Sox is analyzed from both sides by former Astros president Tal Smith, in conversation with Scott Lauber of the Boston Herald.
  • Fangraphs' Wendy Thurm begins a series looking at which players were the best values at each position over the last two decades, starting with catcher, first base and second base.
  • "The Indians’ bullpen has much more flexibility and depth heading into camp this year," writes MLB.com's Jordan Bastian in his breakdown of the Tribe's relief options.

AL East Notes: Chavez, Ethier, Jones, Orioles, BoSox

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Here's the latest from the AL East…

  • Brian Cashman said there is still a chance Eric Chavez could return to the Yankees, reports ESPN New York's Andrew Marchand.  Chavez could have the edge over other DH types like Johnny Damon and Hideki Matsui since Chavez can still play the field.
  • Mike Axisa of the River Avenue Blues blog sees Dodgers outfielder Andre Ethier as an intriguing trade deadline possibility for the Yankees.  Ethier would ideally be paired with Andruw Jones as a lefty-righty DH platoon.
  • The Yankees still see Phil Hughes as a starting pitcher long-term and aren't likely to trade Hughes given that his trade value is "at a low point," writes MLB.com's Bryan Hoch.  Last month for Roto Authority, I wrote that Hughes could be a nice dark horse fantasy option if he's healthy and able to win the No. 5 spot in New York's rotation.
  • Orioles GM Dan Duquette tells MASNsports.com's Steve Melewski that he wants to get Adam Jones' 2012 salary settled before exploring a multiyear extension with the center fielder.  "I've said several times that we like Adam Jones as a player and if we were to consider a long-term deal, that is something that we can certainly consider," Duquette said.
  • Melewski also reports that Jones' arbitration case is set to be heard on February 17.  The Orioles' other two outstanding arb cases (Jeremy Guthrie and Brad Bergesen) are scheduled for February 6 and 8, respectively.
  • The Orioles are still looking for another bat, and it will probably have to come through the free agent market, reports Dan Connolly of the Baltimore Sun.  The O's had "tepid interest" in Casey Kotchman but had already moved on before Kotchman agreed to terms with the Indians today.
  • The Red Sox have hired veteran scout Gary Hughes as a special assistant to the club, reports Bob Nightengale of USA Today (via Twitter).  Hughes has spent 45 years in a variety of different scouting and front office positions for numerous teams, including the last nine years as Jim Hendry's special assistant with the Cubs.
  • The New York Times Co. has sold 100 shares of its ownership stake in Fenway Sports Group, which owns the Red Sox, reports MLB.com's Evan Drellich.  The sale will net $30MM for the Times Co.  Between this and a larger sale in July, the Times Co. is down to roughly a third of the 750 units it bought in Fenway Sports Group in 2002.  Major League Baseball still has to approve the sale.

AL East Notes: Red Sox, Burnett, Blue Jays

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The Yankees signed Alfredo Aceves on this date in 2008. The investment paid off, as the Yankees obtained 126 innings of 3.21 ERA baseball from the right-hander before non-tendering him last offseason. He signed with the rival Red Sox about a year ago and excelled in 2011, his debut campaign in Boston. Aceves' arbitration case remains unresolved and his 24-3 career record and 2.93 ERA should be enough to make things interesting should the sides go to a hearing. Here are today’s AL East links…

Tim Dierkes contributed to this post.

Roy Oswalt Rumors: Wednesday

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Free agent righty Roy Oswalt, his wife Nicole, and his agent Bob Garber met with Rangers GM Jon Daniels and CEO and president Nolan Ryan for an exploratory lunch meeting in Arlington yesterday, reported Richard Durrett of ESPNDallas.com.  The latest on Oswalt:

  • Red Sox GM Ben Cherington won't rule out adding a starter before Spring Training, but he says it's unlikely at this point, Alex Speier of WEEI.com tweets. "I wouldn't expect any major changes between now and the report date," the GM said.
  • The Red Sox are still talking to free agent pitchers, including Oswalt and Edwin Jackson, Scott Lauber of the Boston Herald reports.
  • The Red Sox appear to be waiting for Jackson or Oswalt to say yes to the offers they've extended, ESPN.com's Buster Olney tweets.
  • The Red Sox still have a great chance of signing Oswalt, a Major League source tells Gordon Edes of ESPNBoston.com.  However, this is the same source that told Edes on Friday that Oswalt would sign with the Cardinals soon, and that did not materialize.
  • The Cardinals have not made Oswalt a financial offer anywhere close to what he considers sufficient, reports Ken Rosenthal of FOX Sports.  Rosenthal reiterates that Oswalt seeks a one-year, $10MM deal.  Rosenthal questions Oswalt's leverage, if he remains adamant about pitching for two teams with full rotations in the Cardinals and Rangers. 

Red Sox Out Of Picture On Edwin Jackson?

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In Edwin Jackson, agent Scott Boras has a 28-year-old free agent innings eater with a touch of upside.  Weeks before pitchers and catcher report, Boras has been unable to work his usual magic.  Rumor has it a one-year deal is more likely than multiyear; here's the latest…

  • The Red Sox are "most likely out of the picture" for Jackson, a baseball source tells Gordon Edes of ESPNBoston.com.  The Boston Globe's Nick Cafardo reported yesterday Boston was in the $5-6MM range on a one-year deal, and Edes says Jackson has "better deals on the table from other clubs."  Though it happened with Carlos Pena, a pay cut for Jackson would be a tough pill for Boras to swallow.  The righty earned $8.35MM last year.  If Jackson lands under $10MM on a one-year deal, his signing will likely be heralded as one of the offseason's best from a team point-of-view.

Red Sox Notes: Compensation, Hearings, Epstein

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The Red Sox haven't spent much on free agents this offseason, but new GM Ben Cherington did improve his bullpen via trade while also clearing salary by moving shortstop Marco Scutaro.  The latest on the team:

  • Commissioner Bud Selig still hasn't received written arguments in the Cubs-Red Sox Theo Epstein compensation case, tweets MLB Network's Peter Gammons.  Gammons moderated the Hot Stove Cool Music panel on Monday with both Epstein and Cherington.  Cherington said that he expects direction from the commissioner's office soon, writes Nick Cafardo of the Boston Globe.  Explained Cherington, "There was an expectation when Theo left that the Red Sox would receive significant compensation for allowing the Cubs to hire him and we haven’t been able to agree on what 'significant compensation’ means.'"
  • The Red Sox have potential arbitration hearings for Alfredo Aceves and David Ortiz, and Cherington told MLB.com's Evan Drellich he'd prefer not to publicize the dates.  Ortiz's hearing is tentatively scheduled for mid-February, reported Jon Paul Morosi of FOX Sports yesterday.  Cherington doesn't think the potential impact of the hearings would be significant, but a $3.85MM spread on Ortiz does seem significant to me for a club that recently unloaded its starting shortstop in a trade that appeared financially motivated.
  • As part of a Sacred Heart University lecture series last night, Epstein said that in retrospect it wasn't necessary for him to leave the Red Sox for three months during the 2005-06 offseason as a means of determining what the organization stood for (WEEI's Ryan Hannable reporting).  Yankees GM Brian Cashman, now a potential trading partner for Epstein, also attended the event.  Tyler Kepner of the New York Times has quotes about the executives' observations of each other while competing in the AL East.
  • I've begun collecting lists of 40-man roster players with less than five years of service who are out of options.  For the Red Sox, I've confirmed it's Michael Bowden, Felix Doubront, Andrew Miller, Darnell McDonald, Franklin Morales, and Matt Albers.

AL East Notes: Ortiz, Kim, Longoria

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A few notes to share coming out of the American League East …

  • An arbitration hearing appears likely for the Red Sox and David Ortiz, according to Jon Paul Morosi of FOXSports.com. When the sides exchanged salary proposals earlier this month, the Red Sox offered $12.65MM, while Ortiz and his representatives at SFX request $16.5MM, so a pretty sizable gap exists. The 36-year-old DH posted a sharp .309/.398/.554 line and slugged 29 homers in 2011.
  • The Korean Baseball Organization is displeased by the Orioles' signing of 17-year-old lefty Seong-Min Kim to a minor league deal because of his age and is threatening to petition Major League Baseball, according to Eduardo A. Encina of the Baltimore Sun. Orioles GM Dan Duquette said he doesn't understand the complaint, as Kim and his family were both in favor of the move, and he is closer to 18 than to 17. 
  • Rays third baseman Evan Longoria said during an appearance on MLB Network's Intentional Talk that he has no regrets about the club-friendly extension he signed in April 2008, according to Marc Topkin of the St. Petersburg Times. "I can honestly say that I’ve never regretted doing it. I can look at myself in the mirror and say that I made the right decision. You never know, who knows, one or two years in I might’ve hurt myself and not been the player that I am today." The six-year deal includes three club options for what would have been free-agent years for Longoria. It could be worth as much as $45MM and will expire after Longo's age-29 season. 

One-Year Deal Likely For Edwin Jackson

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2:45pm: The Red Sox offered a one-year deal in the $5-6MM range and remain in the hunt for Jackson, Nick Cafardo of the Boston Globe reports.

1:09pm: Edwin Jackson has multiple three-year offers, but clubs are being told that the free agent right-hander is much more likely to sign a one-year deal than a multiyear contract, Dan Connolly of the Baltimore Sun reports. The Orioles like Jackson and have made him an offer, but Connolly suggests it won't be enough to sign him.

The Orioles would consider a four-year deal for Jackson, though they seem more comfortable with a three-year deal that includes a fourth option year, Connolly writes. If Jackson seeks a one-year deal, Baltimore would seem to be an unlikely destination given its hitter-friendly park, remote chances of contending and division.

Howard Megdal compared Jackson and Jason Schmidt earlier today, suggesting that Jackson could be a bargain signing. 

AL East Notes: Jones, Red Sox, Yankees

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On this date last year, the Rays signed Johnny Damon and Manny Ramirez to one-year deals. Damon put together a successful season in Tampa Bay, but MLB suspended Ramirez for violating its drug policy and he appeared in just five games for the Rays. Here are today's AL East links…

  • Though the Orioles have some interest in extending Adam Jones, they haven’t begun extension talks with the center fielder, the Baltimore Sun reports. Jones is one of Baltimore’s three unsigned arbitration eligible players, along with fellow CAA client Jeremy Guthrie and right-hander Brad Bergesen. MLBTR's Tim Dierkes previewed a possible Jones extension last summer.
  • Cubs president of baseball operations Theo Epstein said it seems like compensation for his departure to Chicago should be determined sometime soon, Nick Cafardo of the Boston Globe reports. The commissioner’s office will determine what the Red Sox obtain from the Cubs as compensation.
  • Larry Koestler of River Ave. Blues says the Yankees should target Zack Greinke at least as much as they target Cole Hamels next offseason. Both pitchers are set to hit free agency within the year, assuming they don't sign extensions first.
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