Saturday in the Park Trade Rumors

Talks between the Angels and Rangers over Mark Teixeira have apparently fallen through. While the teams appeared to have agreed on Casey Kotchman and Joe Saunders, the Rangers wanted another high level prospect (e.g. Brandon Wood), while the Angels wanted to add a mid-level prospect. The Braves are now the clear front-runners. Source

The Yankees remain in the hunt for bullpen help. They're in the mix for the very popular Royals closer, Octavio Dotel, and also have asked the Nationals about setup man Jon Rauch. But because they're offering only midrange prospects (or questionable veterans such as Proctor and Farnsworth), it's more likely they'll have to set their sights on some of the lower-level available relievers (i.e. Qualls, Wheeler). Source

The Mets may turn their attention to the Twins' Luis Castillo to fill the void at 2nd Base created by the injury to Jose Valentin. The Mets like Ruben Gotay, but would like to upgrade defensively. Source