8:16pm: Comments from GM Mark Shapiro after the Lee deal would seem to indicate he's ready to deal Victor Martinez for the right offer. However, Rosenthal and Morosi at FOX Sports say that aside from the Red Sox, there's been a considerable lack of interest in the slugger. The Giants appear to be out of the mix with their recent upgrades, and it's apparently "doubtful" that teams will come forward with a big offer for Martinez.
2:31pm: The Indians have traded Mark DeRosa, Rafael Betancourt and, now, Cliff Lee. Who's next? Executives tell ESPN.com's Buster Olney that they fully expect Victor Martinez to be traded in the next 48 hours. In the words of one AL official:
"I don't think they'd move one without moving the other."
Martinez, 30, makes $4.5MM this year and will earn $7MM in 2010 if his team picks up his option. Most expect the switch-hitting catcher's option to be picked up, regardless of which team he plays for. Indians GM Mark Shapiro told FOX Sports that he's not under pressure to make deals for financial reasons, but some of Olney's sources say the team faces pressure to cut payroll.