Until the hot stove runs out of gas, the Stew will be checking in every day with the latest news from baseball's offseason.
• Everyone in baseball is busy trying to guess exactly what Ned Colletti just offered Manny Ramirez. Was it two years with an option? Three years guaranteed? $24 million per year? $25 mil? More? It's a fun guessing game, but even better is the fact that everyone busy playing Carnac knows this is just a way to pass the time until other offers are able to float in. Short of offering Scott Boras and Ramirez a 5-year/$250 million deal, there was no way this thing was ever going to be decided on the first serve. [Los Angeles Times]
• Here's your fun trade possibility of the day: "One source mentioned a potential three-way deal that would send outfielder Hideki Matsui from the New York Yankees to the Seattle Mariners for a pitching prospect, perhaps Ryan Rowland-Smith. The Yankees would package the prospect with second baseman Robinson Cano and another young player to the Rockies for (Matt) Holliday." [Y! Sports]
• The Jake Peavy Derby seems to be down to just the Braves and Cubs, though it still might take awhile for everything to sort itself out. Our own Tim Brown reports the Braves are already making plans to replace the players they'd lose to the Padres. [Talking Chop]
• Omar Minaya is looking at the possibility of adding two starters — one top of the line guy and one guy to compete for the fifth spot. [MetsBlog.com]
• Each day, we hear about an option being declined and it was such a foregone conclusion that you wonder why anyone needed to say anything because it probably should have just been assumed. Tom Gordon and the Phillies fill that role today. [Phillies Locker]