UPDATE: OK, maybe Michael Young isn’t going anywhere yet

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UPDATE: Haven’t we been through this whole song and dance before?

Troy Renck of the Denver Post has spoken with multiple sources with direct knowledge of the Rockies’ situation, who tell him that the Rangers have not re-opened talks for Michael Young.

The Rockies are interested, mind you, but they would want the Rangers to eat $20 million, if not more, in order to get a deal done. As of now, nothing doing.

1:01 PM: Ken Rosenthal has updated his report from last night, adding that the Rangers are only talking to the Rockies about Young and that a deal could be in place by as soon as Monday.

The Rockies’ latest proposal for Young includes infielder Jose Lopez, though Troy Renck of the Denver Post reports that as of right now, the club is not willing to include Aaron Cook in the deal. Stay tuned.

10:20 AM: Buster Olney of ESPN.com reported yesterday that the Rangers have recently continued to explore the possibility of trading Michael Young.

Olney went even further in his column this morning, writing that “something has changed in the relationship between the player and the team.” Adrian Beltre and Mike Napoli are probably two pretty good hints.

Ken Rosenthal of FOXSports.com is hearing a couple different takes on the situation, with one source telling him that talks with the Rockies have reached an “advanced stage,” while others say that the club is not convinced that the Rangers want to move him.

Meanwhile, Troy Renck of the Denver Post reports that as of Friday, the Rangers haven’t reached out to the Rockies in regards to Young.

It’s difficult to know where this thing is going, but everyone seems to agree that the Rockies have interest in Young as a potential second baseman. Of course, the biggest hurdle in a potential deal would be how much of Young’s salary the Rangers are willing to absorb. The 34-year-old Young is owed $16 million over each of the next three seasons.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.