Report: The Rays are “deep into discussions” with Grant Balfour

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Earlier this afternoon word began to circulate that the Tampa Bay Rays plan a “significant baseball-related announcement” today, and that the team’s owner, GM and manager will all be on hand for it. While many folks had a lot of fun speculating fantastical possibilities, Jeff Passan of Yahoo! reports that the Rays are “deep into discussions with closer Grant Balfour. Suggesting that the announcement today will be a signing.

Balfour had a deal in place with the Orioles last month, but the team put the kibosh on it due to concerns about his wrist that they say came up during his physical. Balfour forcefully denied that anything was wrong with him.

Balfour posted a 2.35 ERA in his three years with Oakland while notching 64 saves. He pitched for the Rays from 2007 through 2010, so this would be a homecoming. And being in the same division as the Orioles, expect a lot of glares up to the GM’s box every time he closes one out in Baltimore.