UPDATE: A’s deal for Hisashi Iwakuma is dead

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UPDATE: It’s over. Mychael Urban of CSN Bay Area and Jane Lee of MLB.com are reporting that the A’s have failed to reach an agreement with Hisashi Iwakuma. The club’s $19.1 million posting fee will be returned.

8:02 PM: The Athletics have until midnight ET to come to an agreement with Japanese right-hander Hisashi Iwakuma, but things don’t look good.

Jane Lee of MLB.com reports that the two sides have yet to talk today, while Athletics general manager Billy Beane said he would “it would be a surprise” if a deal was reached.

The A’s won the exclusive rights to negotiate with Iwakuma last month by submitting a $19.1 million posting fee. Some have suggested that the A’s may have made the bid in order to block the Mariners and/or Rangers, but their subsequent trade of Vin Mazzaro to the Royals is an indication that their interest was genuine. The more likely scenario is that Beane balked at Iwakuma’s asking price of $11-12 million per season. Hard to argue with that one.

While that’s tough news to take for A’s fans, the club is exploring a multi-year contract extension with Trevor Cahill, according to Buster Olney of ESPN.com. Cahill, who turns 23 in March, went 18-8 with a 2.97 ERA this past season. The young right-hander will not even be arbitration-eligible until next offseason, so the team will likely attempt to buy out his arbitration years and perhaps his first year of free agency. The team signed Brett Anderson to a similar deal in April.

Video: Jaime Garcia hits a 399-foot grand slam

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Jaime Garcia has been at the center of trade talks for several days now, but on Friday night, he commanded center stage for an entirely different reason. The Braves’ southpaw went head-to-head with Dodgers’ lefty Alex Wood and mashed his first career grand slam: a two-out, 399-foot blast that cleared the wall in right field and put the Braves up 9-0 in the fifth inning.

The bases-loaded knock was the third career home run for Garcia, whose contributions at the plate have been few and far between over his nine-year track in the major leagues. Not only did the homer mark an impressive career first for the 30-year-old, but it was just the second pitcher grand slam in Braves’ history and the first since 1966.

Garcia looked almost as impressive on the mound during Friday’s series opener, issuing one run, four hits and three strikeouts through his first six innings. The Braves currently lead the Dodgers 12-1 in the top of the seventh inning.

As for whether the slam will affect negotiations between the Braves and Twins? MLB.com’s Mike Petriello put it best:

Ryon Healy exits game after taking a ground ball to the face

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Athletics’ first baseman Ryon Healy had a scary moment during Friday’s loss to the Mets. Lucas Duda smacked a single to the first base side, where the ball took a high hop and caught Healy in the left temple. He crumpled to the ground after getting struck by the one-hopper, but was eventually able to stand and walk off the field with assistance from a trainer.

Prior to the injury, Healy went 2-for-3 at the plate with an RBI single in the first inning. He was replaced by Yonder Alonso, who finished off the rest of the night’s 7-5 loss with a walk in two plate appearances.

Following the game, manager Bob Melvin told reporters that Healy did not appear to have sustained a concussion as a result of the hit. Healy said he thinks he’ll be good to go for Saturday’s game, though a final decision likely won’t be made until tomorrow.