Yanks, Tigers, D'Backs Discussing Blockbuster  —  10:33am: Heyman tweets that this deal is “back with a chance.”  Mark Feinsand of the New York Daily News agrees, noting that the Tigers “may be caving” on the price for Granderson.  Wouldn't be the Winter Meetings without three-team trade scenarios and the constant back-and-forth.

Jason Bay and Hideki Matsui are options for Angels' offense  —  Angels General Manager Tony Reagins, after arriving at the winter meetings late this afternoon, said free-agent outfielders Jason Bay and Hideki Matsui, as well as Vladimir Guerrero, are among the options the team is looking at to bolster its offense.

Wolf still in play  —  By Tom Haudricourt of the Journal Sentinel  —  Indianapolis - Don't put Randy Wolf in the Brewers' starting rotation just yet.  —  I just learned that the New York Mets are meeting with Wolf's agent this morning.  So, if Wolf's reps are still talking to teams, the Brewers haven't locked him up yet.

Nats sign free agent Ivan Rodriguez  —  The Washington Nationals' bid to add a back-up catcher ended Monday night with the acquisition of free agent Ivan Rodriguez, a future Hall of Famer whose stature and salary suggests a significant role, according to a team source.

Carl Pavano, Rafael Soriano, Rafael Betancourt accept arbitration  —  INDIANAPOLIS — Minnesota starter Carl Pavano, Atlanta reliever Rafael Soriano and Colorado setup man Rafael Betancourt accepted salary arbitration offers before Monday's midnight deadline, keeping them with their teams for next season.

Cashman acknowledges Pettitte talks, adds Marquis to the list  —  Brian Cashman said he has not spoken directly to Andy Pettitte, but it's his understanding that Pettitte wants to pitch next year under “the right circumstances.”  Those right circumstances mean, the right contract.

Mozeliak acknowledges pending deal with Penny, meeting with Boras  —  INDIANAPOLIS — While not yet ready to announce a deal with free-agent pitcher Brad Penny, St. Louis Cardinals general manager John Mozeliak confirmed that the team has an agreement in place with a starter and that the only thing left to be done is a physical.

Relationship no longer dicey  —  INDIANAPOLIS - The relationship between Daisuke Matsuzaka and the Red Sox became strained during parts of last season.  The righthander fell out of contact with the team during the World Baseball Classic, returned out of shape, and spent much of the season on the disabled list.

Winter Meetings Buzz: Two Clubs Don't Use Analytics  —  NOTE: The Biz of Baseball will be reporting on the ground from Indianapolis for this year's Baseball Winter Meetings.  From the media room to the Trade Show, we'll have you covered on The Biz of Baseball and via Twitter.

Betancourt accepts arbitration from Rockies  —  Reliever will return to serve as primary right-handed setup man  —  INDIANAPOLIS — Rafael Betancourt accepted the Rockies' offer of arbitration before Monday's 10 p.m. MT deadline and will return as the team's primary right-handed setup man.

O's eye pitchers at start of meetings  —  Team, Rangers discuss deal for Millwood; club examining Bedard's medical records  —  INDIANAPOLIS - The Orioles' focus on Day One of baseball's winter meetings was on trying to upgrade a pitching staff that has been one of the worst in baseball.

Seattle balances cash with caution  —  A year ago, it was the Yankees who began the winter with their pockets full of cash, ready to spend on the best free agents, and after locking up CC Sabathia, Mark Teixeira and A.J. Burnett, they went on to win the World Series.

Sox prospect Kelly decides to focus on pitching  —  INDIANAPOLIS - Gary DiSarcina asked the question four times to Casey Kelly, the prospect splitting his 2009 season between the pitching mound and the infield: Would you rather spend 5-7 years battling to get to the big leagues as a shortstop …