• The Diamondbacks have placed left-hander Joe Saunders on trade waivers, a source tells Ken Rosenthal of FOXSports.com. Saunders, whose waiver period expires on Thursday at 12 p.m. CT on Thursday, is owed roughly $1.5MM for the remainder of the season and is slated to become a free agent in the offseason.
• The Athletics have signed catcher Jason Jaramillo to a minor league contract and assigned him to Triple-A Sacramento, according to Casey Pratt of CSNBayArea.com (Twitter link). Jaramillo appeared in the Majors for stints of various lengths with the Pirates from 2009-11. He owns a career big league batting line of .235/.293/.327.
• Among a handful of roster moves Oakland made today was optioning second baseman Jemile Weeks to Triple-A. Weeks burst onto the scene in the second-half of last season but has struggled mightily with the bat this year (.220/.305/.302). However, the A's don't seem to have soured on Weeks overall, as manager Bob Melvin characterized the demotion as a "blip" and said the organization still thinks Weeks has a bright future ahead, according to Pratt (Twitter link).

• The Dodgers released Cory Sullivan and catcher Josh Bard, tweets Dylan Hernandez of the Los Angeles Times.  The pair both signed minor league deals with L.A. in December.
• The Yankees have signed Steve Pearce to a minor league contract, reports Josh Norris of the Trentonian (Twitter link).  Pearce, a former well-regarded prospect with the Pirates, signed a minor league deal with the Twins in December but was released on Tuesday.
• The Nationals released outfielder Jason Michaels, the team announced. The Nationals signed the 11-year veteran to a minor league contract in December.
• The Brewers signed catcher Jason Jaramillo to a minor league deal, Tom Haudricourt of the Milwaukee Journal Sentinel tweets. The Cubs released the backstop a couple of days ago after signing him to a minor league deal in January.
• The Red Sox released catcher Max St. Pierre, according to Sean McAdam of CSNNE.com (on Twitter). SoxProspects.com first reported the transaction.
• The Brewers released Corey Patterson then re-signed him to another minor league contract, Adam McCalvy of MLB.com reports (Twitter links). Patterson, who signed a minor league deal with Milwaukee in January, will start the season at Triple-A.
• The Indians announced that they acquired right-hander Jairo Asencio from the Braves for cash. The right-handed reliever led the International League in saves in 2009 and 2011 and posted a 1.81 ERA with 11.5 K/9 and 3.6 BB/9 in 54 2/3 innings at Triple-A last year. Asencio is out of options.
• The Mets have signed infielder Josh Rodriguez to a minor league deal, Adam Rubin of ESPNNewYork.com reports. The Pirates selected the 27-year-old in last year's Rule 5 draft, returned him to the Indians in April, and traded for him in June. Rodriguez, who played in seven MLB games last year, posted a .258/.323/.349 line in 330 plate appearances in the upper minors.

Jaramillo has accumulated 366 big league plate appearances over the last three seasons with the Pirates, hitting .235/.293/.327. A former second-round pick of the Phillies, Jaramillo missed much of this season with an elbow injury. The switch-hitter will be a candidate for the Cubs' backup catcher job behind Geovany Soto, a role filled by Koyie Hill the last several years. Jaramillo is a native of Wisconsin. 

MLBTR's Tim Dierkes contributed to this post.

Jaramillo, 29, has accumulated 366 big league plate appearances over the last three seasons with the Pirates, hitting .235/.293/.327.  A former second-round pick of the Phillies, Jaramillo missed much of this season with an elbow injury.  The switch-hitter will be a candidate for the Cubs' backup catcher job behind Geovany Soto, a role filled by Koyie Hill the last several years.  Jaramillo is a native of Wisconsin.    

• The Braves non-tendered Peter Moylan, according to Ronald Blum of the AP. They also non-tendered Brooks Conrad, ESPN.com's Jerry Crasnick reports (on Twitter).
• The Mets non-tendered Ronny Paulino and Mike Baxter, according to Adam Rubin of ESPNNewYork.com (Twitter link).
• The Cardinals will non-tender Ryan Theriot, according to B.J. Rains of FOXSportsMidwest.com (Twitter link).
• The Giants will non-tender Jeff Keppinger and Eli Whiteside, according to Andrew Baggarly of the San Jose Mercury News (on Twitter).
• The Pirates announced that they're non-tendering infielder Pedro Ciriaco and catcher Jason Jaramillo.
• The Padres announced that they non-tendered Jeremy Hermida.
• The Marlins non-tendered Clay Hensley, according to Joe Capozzi of the Palm Beach Post (on Twitter).
• The Dodgers announced that they non-tendered Hong-Chih Kuo (Twitter link).
• The Rockies announced that they non-tendered outfielders Ryan Spilborghs and Cole Garner (Twitter link).
• The Cubs non-tendered Koyie Hill, according to MLB.com's Carrie Muskat (Twitter link).
• The D'Backs will non-tender Joe Saunders and Micah Owings, according to Ken Rosenthal of FOX Sports (Twitter link). Arizona will try to re-sign both pitchers. The team has confirmed the moves.
• The Nationals will non-tender left-hander Doug Slaten, according to Adam Kilgore of the Washington Post (Twitter link).

There was some goofy Carlos Carrasco/Jason Donald stuff we didn’t link to today, and that was shot down.  Brock suggests names like Josh Vitters, Felix Pie, and Kevin Hart could be involved on the Cubs’ part.

8:31pm: Jayson Stark says Peavy to the Cubs doesn’t seem inevitable anymore, and the sides have not made progress in the last 24 hours.  The Cubs have leverage, so they’ve dug in their heels.  Stark adds that once word of the possible inclusion of DeRosa linked, Jim Hendry has been "bombarded with calls from other clubs interested" in him.  Hendry does not want to trade DeRosa.

6:00pm: Buster Olney says the Yankees have talked with the Padres recently about Peavy, but it didn’t go anywhere.

5:19pm: Brock talked to a Padres source who does not believe the Twins are involved.

4:10pm: Buster Olney says Axelrod left the Meetings with no word of a deal but the expectation is still that the Cubs will get it done.

3:48pm: Tom Krasovic reminds us that Peavy’s agent Barry Axelrod said going into the Meetings that the Yankees would be more attractive to his client if they signed C.C. Sabathia.  Still, Peavy prefers the NL.

3:17pm: Corey Brock says the Phillies might want Scott Hairston from the Padres to use in left field.

2:33pm: Carrie Muskat’s Cubs source says DeRosa will not be traded.

9:45am: LEN3 says the Twins discussed DeRosa with the Cubs yesterday.  The Cubs will present the Twins with a list of pitchers they like, which will be influenced by the Padres’ preferences.

9:31am: There’s word from Jim Salisbury that pitcher Kyle Kendrick could be included in this three-team trade.

1:19am: If you dare to sort through yesterday’s Jake Peavy rumors, click here.  Today, Gordon Wittenmyer of the Chicago Sun-Times maintains that the biggest obstacle is the Cubs moving part of Jason Marquis’ contract.  Another factor – the Padres will need to free up several spots on the 40-man roster.  The Cubs’ sale will not be an issue.

Wittenmyer adds that a Phillies official didn’t expect to get Mark DeRosa from the Cubs but rather other players.  Also, Cubs officials shot down the John Perrotto rumor that the Cubs might shop Carlos Zambrano after acquiring Peavy.

Tom Krasovic of the San Diego Union-Tribune also weighs in.  He says the Padres have discussed Phils catching prospect Jason Jaramillo.

7:24pm: Scott Lauber talked to Phillies GM Ruben Amaro Jr., who has agreed to a small trade a notch above the Greg Golson/John Mayberry swap.  The players traded are on 40-man rosters though.  They’re awaiting physicals.

The Pirates could have a small trade in the works as well.