Even though the Major Leagues' two highest-profile franchises are making calls, it appears things are further along with the Reds. Word in the industry is the Rockies require starting pitchers Travis Wood and Homer Bailey, plus one of two young stars -- flame-throwing left-handed pitcher Aroldis Chapman or top catching prospect Devin Mesoraco, currently at Triple-A Louisville.
Another name that has come up in talks between the teams is prized first base-outfield prospect Yonder Alonso, but the Reds called him up from Louisville on Tuesday after trading Jonny Gomes to the Nationals for two prospects, left-handed pitcher Chris Manno and outfielder-first baseman Bill Rhinehart.
The New York Post and ESPN have reported that the Blue Jays have expressed interest.
According to a Major League Baseball source, the Rockies are not going to come down on their asking price, no matter which team makes the offer. They're basically waiting on a team to blink, which means talks could continue all the way to the Sunday 2 p.m. MT non-waiver Trade Deadline.
In other possible trade news, the Rockies placed first baseman Jason Giambi on the 15-day disabled list Tuesday with a left quadriceps strain, which likely will mean he won't be dealt before the Deadline. However, the Rockies could still deal him after the Deadline by having him pass through waivers. As long as Giambi is with his new team by Sept. 1, he will be eligible for the postseason roster.
Giambi, 40, a backup first baseman and left-handed pinch-hitter, has been one of baseball's most productive players per plate appearance, with a .260 batting average and .357 on-base percentage, 10 home runs and 24 RBIs in 96 at-bats and 112 plate appearances.
Giambi suffered the injury while running to first base in the ninth inning of Monday night's 8-5 loss to the Dodgers.
Thomas Harding is a reporter for MLB.com. Read his blog, Hardball in the Rockies, and follow him on Twitter @harding_at_mlb. This story was not subject to the approval of Major League Baseball or its clubs.