Phil Hughes

In a video report, FOX Sports' Ken Rosenthal passes on some updates on developing trade situations around the league. Here are the main takeaways:

• The Cubs have had relatively detailed talks on an extension with free-agent-to-be Matt Garza — including years and dollars — but Rosenthal says it remains much more likely that the starter will be dealt. There is a solid chance that a deal could be made before Garza's scheduled July 22 outing, says Rosenthal, with Chicago seemingly willing to accept less in return if a team is willing to eat more of the remainder of Garza's $10.25MM deal. 
• Echoing previous reports, Rosenthal lists the Dodgers, Nationals, Red Sox, and Rangers as the teams most prominently in on Garza. He does note that there may be a few other teams who could make such a move. We've recently heard of interest from the Indians as well, though cold water has already been thrown on that idea. 
• Rosenthal adds via Twitter that the Rangers have two scouts watching Garza pitch tonight, with the Tigers, Orioles, Pirates, and Blue Jays also scouting the game. Of course, as Rosenthal further tweets, the other clubs are more likely interested in Chicago's relievers and position players.
• While Rosenthal says that the Cardinals would be a nice fit for a starter like Garza, he says that it remains extremely unlikely that GM John Mozeliak would part with any elite talent to make such a deal. Rosenthal says that Cards could be on the starter market, but only if the club feels it cannot rely on internal options like Chris Carpenter.
• Meanwhile, Rosenthal says St. Louis does not feel any urgency to make a move at shortstop. While Pete Kozma is far from perfect, it would be hard to upgrade the position substantially at a non-prohibitive price.
• One obvious trade candidate, Raul Ibanez of the Mariners, is somewhat unlikely to be dealt in spite of his cheap, expiring contract and solid performance this season. As we've heard elsewhere recently, Rosenthal says that GM Jack Zduriencik would be hesitant to deal the once-and-current Mariner without consulting with him. According to Rosenthal, Seattle is more likely to trade other veterans like reliever Oliver Perez and starter Joe Saunders.
• The Rockies could be interested in making a deal for the Yankees' Phil Hughes, but Rosenthal says that they would be looking at him as a bullpen piece rather than a starter. If the Yanks are in fact looking for a significant return for Hughes, of course, the Rockies would seem hard-pressed to get an overly attractive price on the pending free agent.
• One other player the Rockies are looking at is starter Vance Worley of the Twins, who is currently working out his issues (with some success) at Triple-A. According to Rosenthal, Minnesota is loathe to ship off Worley at a discount because they view him as a rebound candidate and maintain team control through 2017. Worley's extended minor league stay could make him even cheaper, as he may lose his expected Super Two status and figures to earn less whenever he does reach arbitration.