11:08pm: The Red Sox are one of four teams involved with Bay, according to Michael Silverman of the Boston Herald. The Mariners and Angels are talking with him and Silverman hears indications that the Mets might be, too. Still, that's speculation at this point. The Red Sox are still interested in Matt Holliday and willing to get creative if Bay signs elsewhere.
5:04pm: Theo Epstein doesn't expect any kind of blockbuster move before the meetings end, according to Alex Speier of WEEI.com. Talks haven't progressed with Jason Bay's reps.
2:16pm: Angels m anager Mike Scioscia said his team has "more pressing needs" than Bay right now, reports WEEI's Alex Speier.
2:41am: Although the Los Angeles Angels of Anaheim are among the main players for Jason Bay, they have still only engaged in "preliminary talks" with the slugger, according to Mike DiGiovanna of the Los Angeles Times.
"He's a guy we have interest in," [GM Tony] Reagins said. "We have to find out what it's going to take to make a deal, and we don't have an indication right now."
We didn't hear a whole lot about Bay on Tuesday, so we'll see if Wednesday brings any more action.
