Danny Valencia

6:59pm: Susan Slusser of the San Francisco Chronicle reports that the A's will send a total of $500k to the Twins.

12:45pm: Via Twitter, La Velle E. Neal III of the Minneapolis Star-Tribune says the Twins are also getting cash in the deal.

12:08pm: Yahoo's Tim Brown said it was a done deal, with the Twins sending shortstop prospect Tyler Ladendorf to Oakland for Cabrera.

Cabrera, 34, is hitting .280/.318/.365 on the season in 448 plate appearances.  He has $1.75MM remaining on his contract, once you factor in a $250K bonus for being dealt.  Though he profiles as a Type A free agent after the season, Cabrera's agent wisely negotiated a clause disallowing his club to offer arbitration.  So, no draft picks for the team for the loss and no impediment to signing Cabrera from the player's point of view.

11:56am: Susan Slusser of the San Francisco Chronicle says Cabrera to the Twins is "very close."  Slusser says Valencia is not part of the deal.

11:41am: La Velle E. Neal III of the Minneapolis Star-Tribune doesn't see the Twins as close to a deal for Cabrera.  The A's apparently want third base prospect Danny Valencia.  Neal wonders whether the Twins might go after David Eckstein or Kennedy instead.

FRIDAY, 1:26am: ESPN.com's Buster Olney reports that the A's and Twins are making "steady progress" as they discuss a deal that would send Cabrera to Minnesota.

THURSDAY, 11:31pm: Ken Rosenthal and Jon Paul Morosi of FOX Sports report that the Twins are making progress in their attempt to acquire Cabrera. The teams continued talking today and expect discussions to resume tomorrow.

9:30am: Susan Slusser of the San Francisco Chronicle has a few hot stove notes on the A's this morning.

• Despite interest, the A's do not intend to trade infielder Adam Kennedy.  They might even try to re-sign him for 2010 eventually.  The 33 year-old is hitting .296/.350/.434 in 327 plate appearances while playing second and third base.  Oakland acquired Kennedy back in May from the Rays.
• Slusser debunks a Providence Journal report from Daniel Barbarisi that the Red Sox turned down a trade for Orlando Cabrera.  Nick Cafardo of the Boston Globe agrees with Slusser, saying Cabrera "is not keen on returning to Boston."
• We do know that the Twins have talked to the A's about O-Cab.  Bob Elliott of the Toronto Sun says the Twins are "still chasing" Marco Scutaro as well.