This story just in off of the St. Louis Post Dispatch website. It says the Cardinals are still going after Jason Schmidt.
LAKE BUENA VISTA, FLA. — Despite numerous reports free agent righthander Jason Schmidt had agreed to accept a three-year, $47 million offer from the Los Angeles Dodgers, the Cardinals believed Wednesday night that they remained a player for their No. 1 pitching target after modifying their bid earlier in the day.
"It's our understanding that he hasn't signed," general manager Walt Jocketty insisted shortly after meeting with Schmidt's agents, Alan and Randy Hendricks.
Jocketty expected a resolution within the next 24 to 48 hours, a prediction that is likely to come true before the Cardinals' traveling party leaves the winter meetings around noon today.
The Cardinals remained on hold with another free agent righthander, Miguel Batista, while awaiting a resolution of their talks with Schmidt. With ace Chris Carpenter, Kip Wells and Anthony Reyes the only experienced major league starters signed or under control for next season, the defending world champions also have improved their position with Batista on Wednesday by modifying a standing two-year offer that included an option for 2009.
The Kansas City Royals reportedly offered Batista a three-year, $24 million deal Tuesday.
The Cardinals had offered $6 million for 2007 and 2008 plus the option before increasing their bid.
Reports said that Schmidt informed several former San Francisco Giants teammates that he had accepted the Dodgers' bid. The Dodgers refused to confirm the rumor, apparently waiting until Schmidt passed a physical. Language within the contract also had to be tightened, according to one report.
Major League Baseball has urged teams not to publicly confirm signings until the player passes a physical. Dodgers manager Grady Little followed the suggestion during an afternoon news briefing before detailing how Schmidt would impact the team's starting rotation.
Schmidt, who turns 34 next month, was 11-9 with a 3.59 ERA in 213 1/3 innings last season. In 5½ seasons with the Giants he crafted a 78-37 record and 3.36 ERA.
Jocketty said Monday that the Cardinals would not offer any pitcher a contract with a higher average annual value than the $44.5 million extension given Carpenter. OFFSEASON UPDATES
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Some interpreted Jocketty's pronouncement as meaning that the club would not exceed the average annual value of the $63.5 million owed Carpenter over the next five seasons. However, the Cardinals defined extension as "new money" — $14 million in 2009; $14.5 million in 2010; $15 million in 2011; and a $1 million buyout. There are $3 million worth of appearance incentives that became guaranteed within the new deal.
Schmidt would represent an important replacement within a rotation trying to compensate for the potential loss of free agents Jeff Suppan, Jason Marquis, Jeff Weaver and Mark Mulder.
The escalating market appears to be pushing Suppan increasingly beyond what the Cardinals had allotted for retaining him. Jocketty met with his agent, Scott Leventhal, on Tuesday but the club has yet to modify its three-year offer of less than $8 million a season.
Suppan's value continues to rise within a market that guaranteed oft-injured Adam Eaton $24.5 million for three years, Vicente Padilla $34.5 million for three years and Ted Lilly $40 million for four. The Cardinals, who some teams believe will eventually bump their bid for Suppan, may be light in years and dollars for October's NLCS Most Valuable Player.
The Cardinals on Wednesday did speak with Weaver's agent, Scott Boras, who also represents prize lefthander Barry Zito, the market's remaining marquee pitcher.
Mulder will probably take time to sift through offers. The Cardinals remain involved and could use a reliever such as Braden Looper or Adam Wainwright to hold a spot in the rotation until Mulder's return, possibly in July, from shoulder surgery.
The Cardinals prefer to attach a club option for 2008 onto any agreement with Mulder, who would probably make fewer than 16 starts next season.
Another potentially significant date looms Dec. 12, the deadline for clubs to offer contracts to players under their control.
The Cardinals have benefited greatly from signing non-tendered free agents in the last several years, acquiring shortstop David Eckstein in 2004 after similarly signing Suppan in 2003.
Free agent left fielder Barry Bonds created a stir at the meetings when he walked into the hotel lobby Wednesday morning. Bonds turned aside questions before meeting with several teams, including the Giants. Jocketty denied a report that the Cardinals planned to meet with him as a possible fit for "the best hitter available." Other club sources underscored the franchise's lack of interest in the 42-year-old slugger, who is closing on Hank Aaron's all-time home run record.
The Cardinals may be gaining momentum in their pursuit of free agent outfielder Luis Gonzalez.
Also targeted by the Dodgers, Gonzalez is expected to decide where to land before next week. The Baltimore Orioles also have expressed interest.
The Cardinals may attempt to finalize agreement with reliever Dan Kolb as well. The former Milwaukee Brewers and Atlanta Braves closer may represent a more palatable option than Octavio Dotel, who also stirred interest but is attracted to any team that will allow him to close rather than serve in a set-up role.
Manager Tony La Russa insisted earlier this week that Jason Isringhausen "absolutely" would regain the closer role when he returns to the mound. Isringhausen is coming off of hip surgery.
The Cardinals also select 18th in today's Rule 5 draft, the selection process that brought them Hector Luna in 2003. A flurry of activity typically follows the draft since teams usually leave a vacancy on their 40-man roster to be potentially filled by a draftee.