As of 1:30 p.m. ET, the Manny Ramirez trade was “dead,” according to an executive with one of the three teams involved in the discussions.
However, the deal has taken numerous twists and turns over the past 24 hours, and the Red Sox can continue attempting to trade Ramirez until the non-waiver deadline at 4 p.m. ET.
The Red Sox, Marlins and Pirates have been talking seriously for the past 24 to 36 hours about a deal involving Ramirez.
The collapse of the talks will spur further discussions between the Pirates and Rays over a deal involving Pirates left fielder Jason Bay.
In the proposed Manny blockbuster, the Marlins were to trade outfielder Jeremy Hermida and a prospect for Ramirez, and the Red Sox would then flip Hermida and prospects to the Pirates for Bay.
The Pirates’ return for Bay, sources say, was the apparent holdup in the deal. The Pirates are seeking an “appropriate return for an All-Star caliber left fielder” — and one who is affordable at $5.75 million this season and $7.5 million in 2009.
The Red Sox sought additional prospects from the Marlins in their attempt to satisfy the Pirates, sources say, but the Marlins would not budge from their initial offer.
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