Manny Ramirez has been traded to the Dodgers in a three-team blockbuster, pending the approval of the commissioner's office, according to a source with knowledge of the deal.

Pirates outfielder Jason Bay is headed to the Red Sox. The Pirates will receive Andy LaRoche and right-hander Bryan Morris from the Dodgers and outfielder Brandon Moss and reliever Craig Hansen from the Red Sox.

The Red Sox will pay all of the approximately $7 million remaining on Ramirez's contract.

Ramirez should provide a major boost to the Dodgers' offense, but his arrival will add to the crowd in the Dodgers' outfield, which already includes Andre Ethier, Matt Kemp, Juan Pierre and Andruw Jones.

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3:33 p.m.: Mets look to bolster bullpen

The Mets are discussing a trade with the Nationals for right-handed reliever Luis Ayala, but with 30 minutes remaining until the non-waiver deadline, an official with one of the clubs said it was "hard to say" whether the deal would be completed.

The trade, if it occurs, would bolster the Mets' bullpen while likely bringing the Nationals a low-level prospect.

The discussions were first reported by SI.com.

2:05 p.m.: Jays discussing deal for Ibanez

The Blue Jays, a team on the fringes of contention, are discussing a trade for Mariners outfielder Raul Ibanez.

The Jays are 9 ½ games back in the AL East, but only 6 ½ games back in the wild-card race.

If the Jays acquire Ibanez, a potential free agent, they likely would offer him salary arbitration at the end of the season.

If Ibanez accepted arbitration, the Jays would retain him for another year. If he signed with another club, they would receive two high draft picks.

Updated 1:21 p.m.: Yankees unlikely to land Byrd

The Angels' slew of expiring contracts over the next two years will leave GM Tony Reagins with one difficult decision after another.

Teixeira, right-hander Jon Garland and closer Francisco Rodriguez are free agents after this season. The Angels also must make a call on Garret Anderson's $14 million club option and ponder long-term deals for right fielder Vladimir Guerrero, right-hander John Lackey and third baseman Chone Figgins, all of whom are eligible for free agency after next season.

Then again, one of the enduring inequities in baseball is the ability of high-revenue teams to acquire high-salaried potential free agents and then amass draft picks when they depart. Teixeira, Garland and Rodriguez all could sign with other teams this offseason, enabling the Angels to stockpile picks.

Around the horn

The Rockies, searching for a starting pitcher, remain interested in re-acquiring right-hander Josh Fogg, who left the team for the Reds last off-season as a free agent. Fogg shares a unique bond with the Rockies' players, drawing confidence from their confidence in him.

More Rockies: Two straight losses in Pittsburgh could leave the team more open to trading potential free-agent closer Brian Fuentes. But the Rockies, seeking a young starting pitcher with upside for Fuentes, have struggled to find a proper match . . .

Reliever Cla Meredith, the Padre most likely to be traded before the deadline, has regressed since his spectacular debut in 2006, but still should appeal to a contender. Few quality right-handed relievers are available, and any team that acquires Meredith would control him for four more seasons . . .

Incentive for the Nationals to trade right-hander Tim Redding, left-hander Odalis Perez and any other veteran parts: A better chance at "earning" the No. 1 pick in next year's draft and selecting San Diego State right-hander Stephen Strasburg. Strasburg, who recently turned 20, is the lone collegiate player on the U.S. Olympic team.

Kansas City Royals News News » Latest news and rumors from around MLB 2008-07-31
Latest news and rumors from around MLB 2008-07-31
Thursday's trade deadline has come and gone. Recap all of Ken Rosenthal's news and notes from the deals that went through and the deals that fell apart. Note: All times listed are Eastern. Updated 4:28 p.m.: Manny traded to Dodgers MLB trade deadline Latest news: Manny to Dodgers in blockbuster Reds trade Griffey to White Sox Tigers send Pudge to Yankees Astros nab Hawkins from Yanks Analysis: Rosenthal: Dodgers finally pull one off Perry: Deadline winners and losers Perry: Tigers not surrendering More on the trades: VIDEO: Torre ready for Manny VIDEO: Dodgers owner talks Manny VIDEO: Rosenthal on Teixeira deal