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Latest news and rumors from around MLB

Latest news and rumors from around MLB
Ken Rosenthal has all the latest MLB chatter as Thursday's trade deadline approaches. Click back here for up-to-the-minute rumors and deals. Note: All times listed are Eastern.

Updated 2:09 a.m.: Red Sox talking three-way trade for Manny

The Red Sox, Marlins and Pirates continue to talk seriously about a three-way trade involving Manny Ramirez, but a deal still is not assured of being completed, major-league sources say.

The Angels' slew of expiring contracts over the next two years will leave GM Tony Reagins with one difficult decision after another.

Teixeira, right-hander Jon Garland and closer Francisco Rodriguez are free agents after this season. The Angels also must make a call on Garret Anderson's $14 million club option and ponder long-term deals for right fielder Vladimir Guerrero, right-hander John Lackey and third baseman Chone Figgins, all of whom are eligible for free agency after next season.

Then again, one of the enduring inequities in baseball is the ability of high-revenue teams to acquire high-salaried potential free agents and then amass draft picks when they depart. Teixeira, Garland and Rodriguez all could sign with other teams this offseason, enabling the Angels to stockpile picks.

Around the horn

The Rockies, searching for a starting pitcher, remain interested in re-acquiring right-hander Josh Fogg, who left the team for the Reds last off-season as a free agent. Fogg shares a unique bond with the Rockies' players, drawing confidence from their confidence in him.

More Rockies: Two straight losses in Pittsburgh could leave the team more open to trading potential free-agent closer Brian Fuentes. But the Rockies, seeking a young starting pitcher with upside for Fuentes, have struggled to find a proper match . . .

Reliever Cla Meredith, the Padre most likely to be traded before the deadline, has regressed since his spectacular debut in 2006, but still should appeal to a contender. Few quality right-handed relievers are available, and any team that acquires Meredith would control him for four more seasons . . .

Incentive for the Nationals to trade right-hander Tim Redding, left-hander Odalis Perez and any other veteran parts: A better chance at "earning" the No. 1 pick in next year's draft and selecting San Diego State right-hander Stephen Strasburg. Strasburg, who recently turned 20, is the lone collegiate player on the U.S. Olympic team.

Author:Fox Sports
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Added: July 31, 2008

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