Bill Ladson of MLB.com hears that Roy Oswalt is looking for a three-year contract. And after Bruce Chen, Chris Capuano and Aaron Harang have all received two-year deals this offseason, some team might be willing to go there.
Of course, the major concern with Oswalt is his degenerative back condition. While the 34-year-old right-hander had a respectable 3.69 ERA and 93/33 K/BB ratio over 139 innings this season, was he limited to just 23 starts and the velocity on his fastball (91.4 mph) was a career low.
Oswalt is a major risk on a multi-year contract, but teams like the Nationals, Red Sox or Yankees might be willing to take the gamble. The market has been pretty slow on him until this point, but things should clear up once C.J. Wilson and Mark Buehrle are off the board.