UPDATE: No mystery: It’s just the Marlins and Cardinals for Albert Pujols

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12:57 AM: Jon Heyman chimes in, tweeting that “a good number of executives still seem to think Marlins will win Pujols derby.” The Palm Beach Post’s Joe Capozzi was told that the Marlins are “very confident” they will land the three-time MVP.

12:48 AM: ESPN’s Jim Bowden and the Palm Beach Post’s Joe Capozzi are among those reporting that it’s strictly down to the Marlins and Cardinals. Capozzi reports that the Marlins have not set a deadline for Pujols to accept their offer, but that Pujols may make a decision before sunrise anyway.

11:47 PM: Our own Drew Silva brings word that Bob Nightengale of USA Today was just a guest on KMOX in St. Louis and said that the Angels are NOT the mystery team for Pujols. Neither are the Rangers or the Giants, by the way.

We may also have to eliminate the Cubs from the equation, as Nick Cafardo of the Boston Globe hears that they are “definitely not in.”

11:43 PM: Jerry Crasnick of ESPN.com talked to two Angels’ executives who “seemed shocked” that they were being mentioned as the mystery team for Pujols. Meanwhile, Scott Miller of CBSSports.com is “highly skeptical” that the Angels are the third team in the mix.

And finally, courtesy of Paul Sullivan of the Chicago Tribune, here’s a picture of some Marlins’ writers staking out Jeffrey Loria at a shoeshine stand. It’s that kind of night.

10:58 PM: Sorry to spoil the party, everyone, but these talks may drag on into tomorrow. Joe Frisaro of MLB.com hears that while the Marlins would like a resolution, it’s unlikely to happen tonight.

By the way, we have a new horse in the race. Ken Rosenthal of FOXSports.com reports the Angels are pursuing Pujols and are having “ongoing conversations.”

10:14 PM: Joel Sherman of the New York Post was told by a “person involved” in talks that the Cubs are “definitely in” on Albert Pujols. It’s not clear whether they have improved their offer (or are the “mystery team” mentioned by Bob Nightengale earlier) but Sherman was told that they at least want to “make life miserable” by bidding against their division-rivals.

9:22 PM: The Marlins just emerged from their meeting with Pujols’ agent Dan Lozano. According to Ken Rosenthal of FOXSports.com, Marlins president David Samson said there’s “nothing to report.”

9:11 PM: Strap in, everyone. We could be nearing the end-game. Jayson Stark of ESPN.com hears that the Marlins expect a resolution on their bid for Pujols — one way or the other — by the end of the night.

8:47 PM: C’mon, you knew a mystery team would get involved sooner or later. According to Bob Nightengale of USA Today, Albert Pujols has received three 10-year contract proposals exceeding $200 million. We already know the Cardinals and Marlins are in the mix, but it appears a third unidentified team has joined the bidding.

Nightengale hears that the Cubs have made an offer, but it’s for less than 10 years. Let your imagination run wild.

8:33 PM: Joe Capozzi of the Palm Beach Post was told by a source that the Marlins and Albert Pujols’ agent, Dan Lozano, have been together in a meeting for the past half-hour.

7:48 PM: Ken Rosenthal of FOXSports.com was told by sources that the Marlins met with Dan Halem of the commissioner’s office earlier this evening to discuss matters relating to a possible contract for Albert Pujols.

This is potentially very significant, as Andy Martino of the New York Daily News notes that he is Rob Manfred’s No. 2 in charge of approving contracts. No word on the exact nature of the meeting, but Miami’s proposed contract could potentially include deferred money.

7:14 PM ET: We could be approaching a resolution to the story that has taken the Winter Meetings by storm.

Cardinals general manager John Mozeliak confirmed to B.J. Rains of FOX Sports Midwest that they made a new offer to Albert Pujols’ agent Dan Lozano earlier today.

No word on the exact terms, but the Cardinals’ offer from earlier this year was reported to be somewhere in the range of $198-210 million over nine years. The Cardinals didn’t intend to budge from that, but their hand was forced after the Marlins boosted their offer to 10 years late last night.

According to Andy Martino of the New York Daily News, the standing offer from the Marlins is believed to be worth $220 million over 10 years. St. Louis has been asked to match and Miami is said to be “pushing” for a resolution tonight. We’ll continue to track the latest here throughout the evening.

Minor League Baseball had its worst attendance in 14 years

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Baseball American reports today that total attendance at minor league baseball games reached a 14-year low in 2018. Total attendance was 40,450,337. That’s a drop of 1,382,027 fans compared to last season.

Around a third of that drop is attributable to fewer scheduled games but, as Baseball America notes, even when you go to average attendance per game, there was a sharp drop off this season. BA suggests that this represents a leveling off after over a decade’s worth of large increases in minor league attendance. Which sound pretty plausible. Overall, attendance numbers are still massively above where they were 15-20 years ago, so this seems more like a correction than a real problem. The BA article goes into some good analysis of the decline.

All of that said, revenues are up for the minors, in large part because of merchandise sales and because minor league ballparks have a lot more amenities and better concessions than they used to have and fans are willing to pay for them.