The Cardinals and free-agent outfielder Matt Holliday are believed to be getting closer to an agreement that could be the largest offer the franchise has even made.
That means it would surpass the $100 million deal first baseman Albert Pujols signed in 2004.
Sources with knowledge of the negotiations told the St. Louis Post-Dispatch that progress is "strong" and a resolution could come as early as next week.
"I'm still hopeful," general manager John Mozeliak wrote in a text message. "But there is still work to be done."
Via St. Louis Post-Dispatch
St. Louis Cardinals
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Free agent outfielder Matt Holliday is looking for more than $18 million annually, according to major league sources.
Holliday was offered a four-year, $72 million deal by the Rockies during the 2008 season.
Reports on Tuesday indicated that the Cardinals had made a proposal that could reach $140 million over eight years, which would be $17.5 million annually.
Via FOX Sports
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A lot of teams were considering free-agent Mark DeRosa as an alternative to their first target, which upset the utility man.
DeRosa signed a two-year deal with the Giants on Monday.
"I was just tired of being a lot of team's Plan Bs," DeRosa said. "I'm not hitting No. 3 or 4 in the lineup ... I understand that. (But) I wanted to go to a place where I felt comfortable and where the team wanted me and needed me. This was a good spot."
DeRosa said about six teams were on his final list of options, though not every one had an offer on the table.
Via St. Louis Post-Dispatch
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Cardinals Dec 2009 Archive
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ESPN | Dec 30, 2009
The Cardinals are more optimistic than ever that they'll be able to re-sign outfielder Matt Holliday.
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St. Louis Post-Dispatch | Dec 29, 2009
Felipe Lopez could be Plan B after the Cardinals lost Mark DeRosa.
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ESPN | Dec 27, 2009
The Cardinals will focus on pitching if Matt Holliday doesn't re-sign.
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MLB.com | Dec 26, 2009
Tony La Russa, not surprisingly, thinks Mark McGwire should be in Cooperstown.
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Post Dispatch | Dec 21, 2009
The Cardinals could have Matt Holliday under contract for the next eight seasons.
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Boston Globe | Dec 20, 2009
Mark DeRosa was initially asking for $10 million annually.
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St. Louis Post-Dispatch | Dec 19, 2009
The Red Sox offered Matt Holliday an $82.5 million deal before signing John Lackey.
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St. Louis Post-Dispatch | Dec 18, 2009
Mark DeRosa isn't going to wait around for the Cardinals to re-sign him.
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MLB.com | Dec 18, 2009
The Orioles are reportedly the Cardinals' main competition to re-sign Matt Holliday.
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FoxSports | Dec 17, 2009
As they did last winter with Mark Teixeira, the Orioles are trying to be players in free agency.
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Post-Dispatch | Dec 16, 2009
David Freese was arrested on DUI charges.
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ESPN | Dec 15, 2009
The Cardinals want to re-sign Matt Holliday, but don't want to give him more than five years.
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ESPN | Dec 15, 2009
The Cardinals hope to re-sign Matt Holliday by lengthening their offer.
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St. Louis Post-Dispatch | Dec 12, 2009
The Cardinals' offer to Matt Holliday is believed to be worth less than $18 million annually.
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ESPN 101 St. Louis | Dec 11, 2009
Matt Holliday has gotten an offer from the Cardinals.
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Post-Dispatch | Dec 10, 2009
Matt Holliday hit behind Albert Pujols in St. Louis.
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ESPN | Dec 9, 2009
Mark McGwire still hasn't been introduced to the media.
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St. Louis Post-Dispatch | Dec 8, 2009
The Cardinals met with Scott Boras for 90 minutes on Sunday.
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ESPN | Dec 8, 2009
The Cardinals and P Brad Penny have agreed to a one year deal worth $7.5M, plus performance bonuses, according to sources.
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Post-Dispatch | Dec 7, 2009
The Cardinals want to sit down with Scott Boras to discuss Matt Holliday.
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ESPN | Dec 1, 2009
There are concerns about Mark DeRosa's range at third base.