Latest On Roy Oswalt

10:45pm: The Reds continue talking to Oswalt, though he'd prefer to pitch for the Cardinals or Rangers, Ken Rosenthal and Jon Paul Morosi of FOX Sports report. Cincinnati would have to clear payroll to add Oswalt and Homer Bailey would be the most likely candidate to be dealt.

9:33pm: Cardinals GM John Mozeliak acknowledges he’ll be ‘opportunistic’ about potential deals, but says he’s not expecting significant moves before Spring Training, according to Derrick Goold of the St. Louis Post-Dispatch. Though the Cardinals and Roy Oswalt had mutual interest in a deal, they couldn’t reach an agreement.

Oswalt was asking for a significant guarantee in terms of role and salary, but the Cardinals aren’t looking to add payroll. The Cardinals haven’t spoken to Oswalt’s agent in the past week or so, Goold writes. The Reds appear to be kicking the tires on the right-hander, but the Rangers aren’t likely to sign him.

Cardinals Sign Alex Cora

4:19pm: Cora would get $800K in the Major Leagues, the Associated Press reports (via ESPN.com).

12:00pm: The Cardinals agreed to a minor league deal with a spring training invite with infielder Alex Cora, reports Derrick Goold of the St. Louis Post-Dispatch.  On Saturday, MLB.com's Jesse Sanchez reported a deal was close.

Cora will compete for a utility infield role, writes Goold.  The 36-year-old Scott Boras client hit .224/.287/.276 in 172 plate appearances for the Nationals last year, spending most of his time in the field on the left side of the infield.

Cardinals Close To Signing Alex Cora

The Cardinals are close to signing Alex Cora to a minor league contract reports MLB.com's Jesse Sanchez. The team didn't confirm that a deal was close. Cora is a Scott Boras client.

Earlier this month we learned that the 36-year-old infielder intended to play in 2012, though he was drawing interest as a coach. Cora hit just .224/.287/.276 in 172 plate appearances with the Nationals last season while playing all four infield spots.

Nationals To Sign Edwin Jackson

The Nationals haven't finished above .500 since moving to Washington in 2005, but there's reason to expect significant improvement from the 2012 club. GM Mike Rizzo continued bolstering his pitching staff today, agreeing to terms with free agent right-hander Edwin Jackson.

Edwin Jackson

The team announced the one-year deal, and Jon Heyman of CBSSports.com, who first reported the news (all Twitter links), says the agreement is valued at $11MM. The Scott Boras client will earn $11MM plus incentives this year, Adam Kilgore of the Washington Post reports.

The Nationals' projected starting rotation includes Jackson (pictured), Gio Gonzalez, Stephen Strasburg, Jordan Zimmermann and Chien-Ming Wang. Every one of the starters except Wang had an average fastball velocity of at least 92 mph in 2011. John Lannan and Ross Detwiler would provide rotation depth, though Lannan is now on the trade block.

Jackson, 28, posted a 3.79 ERA with 6.7 K/9 and 2.8 BB/9 with a 43.8% ground ball rate in 199 2/3 innings for the White Sox and Cardinals this past season. The hard-throwing right-hander has averaged 208 innings per season with a 3.96 ERA since 2009, but has a career ERA of 4.46 with 6.7 K/9 and 3.7 BB/9 since he debuted with the Dodgers on his 20th birthday in 2003. Jackson ranked sixth on MLBTR’s list of top free agents entering the offseason.

Jackson profiled as a Type B free agent after the season and the Cardinals offered him arbitration. They'll obtain a compensatory draft pick in the supplementary first round of this year's amateur draft, but it won't come from the Nationals. 

As MLBTR's Agency Database shows, the Boras Corporation has quite a presence on the Nationals' roster. Danny EspinosaBryce Harper, Anthony RendonStephen Strasburg and Jayson Werth are all Boras clients.

Last week the Nationals added Brad Lidge to a bullpen that includes Drew StorenTyler Clippard and Henry Rodriguez. Washington's offense finished 24th in MLB in runs scored last year, but improvements to the pitching staff could make them a threat in the NL East this coming season.

Photo courtesy Icon SMI. Jim Duquette of MLB Network Radio first tweeted the value of the deal. 

Roy Oswalt Rumors: Wednesday

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. 

Orioles Notes: Gregg, Uehara, Trades

The Orioles signed Pat Neshek and Ronny Paulino today and also added 17-year-old Korean lefty Seong-Min Kim on a minor league deal. Here are some more notes on the club: 

  • Orioles right-hander Kevin Gregg told Eduardo A. Encina of the Baltimore Sun that last year left a bad taste in his mouth. “I think we all have something to prove to ourselves and to the rest of the league," Gregg said. He posted a 4.37 ERA with 8.0 K/9 and 6.0 BB/9 during his debut season in Baltimore. 
  • MLB.com’s Brittany Ghiroli has heard that the Orioles’ interest in re-acquiring Koji Uehara has been overstated. It doesn’t seem likely that the right-hander will be traded back to Baltimore at this point. He is drawing trade interest after posting a 2.35 ERA with 11.8 K/9 and 1.2 BB/9 in 65 innings for the Orioles and Rangers in 2011. 
  • The Orioles aren’t comfortable with the demands potential trade partners are making, Encina reports. The Orioles discussed deals with the Cardinals and the Rangers, who are both looking to unload salary. The 2011 World Series foes have both been linked to Roy Oswalt in recent weeks.

Latest On Roy Oswalt

Free agent righty Roy Oswalt is scheduled to meet with the Rangers today, we learned last week from Gerry Fraley of the Dallas Morning News.  The latest on the three-time All-Star:

  • The sides had a "good," exploratory meeting, Richard Durrett of ESPNDallas.com reports.
  • The Rangers met with Oswalt and the situation is ongoing and unresolved, MLB.com's T.R. Sullivan tweets.
  • Oswalt let the Indians and Blue Jays know he has no interest, tweets Peter Gammons of MLB Network.  Oswalt clearly wants the Rangers or Cardinals, writes Gammons.  Gammons' tweet does not reference the Red Sox, who reportedly made an offer last week.  The Red Sox have not considered themselves out of the hunt, writes Nick Cafardo of the Boston Globe.  Oswalt's agent Bob Garber told me on Saturday his client has no chance of landing in a bullpen, so if the Rangers or Cardinals sign him, a corresponding move will be necessary. 

Cardinals Shopping McClellan, Talking With Oswalt

5:14pm: The Orioles are pursuing Koji Uehara of the Rangers as well as McClellan, tweets Ken Rosenthal of FOX Sports.  Their pursuit of a reunion with Uehara could complicate the Cards' plan to clear money to sign Oswalt.

3:47pm: The Cards appear to be interested in salary relief more than obtaining a high-end prospect for McClellan, tweets Jon Paul Morosi of FOX Sports.  The club could also move Kyle Lohse or Jake Westbrook to the bullpen.

Morosi adds that the club has discussed deals with Oswalt in the range of $7.5MM while the pitcher seeks $10MM. Moving McClellan, who makes $2.5MM, would give the Cards enough room to sign the veteran (Twitter link).

3:16pm: Even though they have interest, the Cardinals' asking price is too high for the Orioles right now, a team source tells Roch Kubatko of MASNsports.com (via Twitter)

2:35pm: The Cardinals are actively shopping versatile righthander Kyle McClellan, writes Joe Strauss of the St. Louis Post-Dispatch.  Moving McClellan would allow the club to alleviate a logjam in their bullpen and give them the payroll flexibility to a sign a free agent starting pitcher.

Meanwhile, the Cardinals are looking to clear money in order to sign Roy Oswalt, tweets Jon Paul Morosi of FOX Sports.  It was rumored this week that St. Louis was near a deal with the veteran but Morosi stresses that there's no deal in place just yet.

General Manager John Mozeliak recently conceded that the club could possibly deal McClellan but believes it more likely that the he will be with the Cardinals when pitchers and catchers report on February 18th.  The Cardinals have attempted to engage a number of clubs in talks for McClellan and the Orioles have emerged as one of the most promising trade partners for him, according to Strauss' industry sources.

The Padres and Diamondbacks are also among the teams that have expressed interest in McClellan.

Quick Hits: Indians, Pena, Oswalt, Kinsler, Rangers

Some links as Saturday turns into Sunday…

Latest On Roy Oswalt

SATURDAY, 9:05pm: Gerry Fraley of The Dallas Morning News reports that the Rangers will meet with Oswalt on Monday, assuming he's still a free agent by then. Fraley reiterates that Texas has not made the right-hander an offer.

2:14pm: The Rangers haven't made an offer to Oswalt either, tweets Ken Rosenthal of FOX Sports.  Texas is interested in the veteran, but like the Cardinals, he's not an obvious fit for the club.

1:39pm: The Cardinals insist that there's no deal in place with Oswalt, according to Joe Strauss of the St. Louis Post-Dispatch (via Twitter).  General Manager John Mozeliak also denied that the club is near a deal with Oswalt, writes Matthew Leach of MLB.com

8:03am: Oswalt is likely to sign with the Cardinals "soon," reports Gordon Edes of ESPN Boston. His source cautioned that it's "not yet 100 percent," however. Jon Heyman of CBSSports.com reports that Oswalt turned down a one-year, $10MM offer from the Tigers, and that being close to his Mississippi home is a major factor in his decision.

FRIDAY, 9:30pm: The Cardinals are close to a deal with veteran right-hander Roy Oswalt, reports Jim Duquette of MLB Network Radio (Twitter link). The Red Sox and, surprisingly, the Astros are still contenders for Oswalt's services. Mike Silverman of the Boston Herald (via Twitter) confirms these three teams are in the mix and says it could be "another day or two" before a decision is made.

We heard two days ago that both the Cards and Red Sox had made Oswalt offers, with the St. Louis offer worth roughly $5MM.  Oswalt has long expressed a desire to pitch for the Cards, so this could be why he is considering the club's modest offer. The Astros' involvement is totally out of left field since it was presumed they wouldn't be making any significant money this winter, but they could be looking to sign Oswalt and then flip him at the trade deadline. It's hard to imagine Oswalt turning down several contenders to return to Houston but it's possible Oswalt has a sentimental attachment to his original team.

Oswalt would provide quality depth to a St. Louis rotation that includes Chris Carpenter, Adam Wainwright, Jaime Garcia, Kyle Lohse and Jake Westbrook. Wainwright is returning from Tommy John surgery, Garcia's durability could be a concern after a major increase in innings pitched (220 1/3 regular season and postseason innings in 2011, up from 163 1/3 IP in 2010) and Westbrook didn't have much value aside from eating innings.

Mike Axisa and Zach Links contributed to this post.

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