Welcome everyone. We'll update you leading up to the 4 p.m deadline....

4:54 PM

Think Tim Federowicz and Chih-Hsien Chiang are going to be pretty good players. Federowicz was certainly the Sox' most complete catcher. Chiang's taken a while to get going, but now a pretty good player.

At least Sox didn't have to give up third baseman Will Middlebrooks, who didn't play for Portland today giving rise to speculation he might have been involved in a deal.

Still unclear as to why Erik Bedard cost them this much.

4:47 PM

We think the Erik Bedard deal is the last one the Sox made at the deadline. In acquiring Bedard and righty Josh Field, they gave up catching prospect Tim Federowicz, Stephen Fife, Juan Rodriguez and Chih-Hsien Chaing in the three-way deal in which the Dodgers dealt Trayvon Robinson to the Mariners.

Fields was a No. 1 pick (20th overall) of the M's but never really made it. He's become a relief pitcher.

4:36 PM.

Sox get Erik Bedard and Josh Fields in the deal. Fields is a pitcher, a former high draft pick of the Mariners, not the former White Sox infielder..

4:17 PM

Red Sox official just confirmed Bedard coming to Sox. Looks like three-way with M's, Dodgers and Sox.

Hope it's not pending a physical or review of medical records.

4:15 PM.

Seattle GM Jack Zduriencik addressing Seattle media shortly. Seems like a lot of players involved In Bedard to Sox.

4:11 PM

Jayson Stark of ESPN.com is reporting a three-team deal involving Bedard and Red Sox.

4:03 PM.

SI's Jon Heyman reporting Erik Bedard has been traded. Sox catcher Tim Federowicz was removed from game in Portland, Me. Let's see what happens.

4 PM.

We are here folks - the deadline. Doesn't mean something hasn't happened, but there's absolutely no buzz out there. Sometimes things are announced after 4 p.m. We'll bring it to you if it happens.

3:49 PM

Sox did inquire about Wandy Rodriguez according to an Astros source, but nothing is expected to come of it.

3:30 PM

In the last half hour. This is where information gets tougher to come by as teams hunker down for the last minute flurry, if there is one. Not hearing too much activity with the Red Sox, but again, that could be because they're trying to make something happen.

3:12 PM

Astros tellling me Indians are NOT in the Wandy Rodriguez hunt.

3:01 PM

Yankees really tried on Wandy Rodriguez, according to one ML talent evaluator, but doesn't look like it's going to happen. Astros really asking a lot.

2:49 PM

Padres get lefty Robbie Erlin and righty Joe Wieland from the Rangers for Mike Adams. Weiland recently pitched a no-hitter.

2:45 PM

Pesky Tribe trying to get another hitter. Going all out for Ryan Ludwick. Sox like him too.

2:34 PM

Told there's a flurry of calls coming into Houston for Wandy Rodriguez. Red Sox not yet in it, but that could change rapidly.

2:28 p.m.

Mike Adams goes to the Rangers. Big time acquisition. They got Koji Uehara yesterday. Some scouts don't like Uehara for the Rangers feeling he throws a straight fast ball. Not great in that ballpark where the ball flies.

2:22 PM

Cardinals very much in the Erik Bedard talks. We'll see if Boston strikes here.

2 PM

We're about two hours away from the trade deadline and this is where there's frantic activity and where sellers discount the price and buyers at times have to give a little more to get their man.

The Red Sox are currently exploring where they go from here after they were unable to land Hiroki Kuroda, Ubaldo Jimenez and Rich Harden. Will they stay in the running for Erik Bedard? They seem to be keeping close tabs with the Cardinals also interested in the lefty.

The Cubs continue to say that they will not deal Matt Garza, but everyone has a price, right?

On the Harden deal: He's had more than one injection in his shoulder since he returned to the active roster in July? Why did the deal get this far before the Red Sox decided to pull the plug on Harden's medicals?

Everyone knows Harden's medicals aren't good. The fact that Sox team doctors didn't review medicals and only the trainer did is also not usual procedure for the Red Sox. The sides did try to work it out with the Red Sox asking the player-to-be-named to be removed or the quality of player reduced. But the A's wouldn't go for it. The Sox really weren't giving up much. Lars Anderson is a redundant player.

Checked with the Astros and so far the Red Sox have not asked about Wandy Rodriguez. The Yankees have but are unwilling at the moment to pay the price.

There's some speculation out there the Sox may try again on Kuroda and see if he would have a change of heart. The Sox got into trade talks pretty deep with the Dodgers, who for a while had Kuroda's blessing to go to New York, Boston or Philadelphia.