Update 2: The deal is off. No Bay for the Rays.
Update: Bay is still not a Ray. Yet...
According to MLB Trade Rumors, Jason Bay has been traded to the Tampa Bay Rays. Still waiting on conformation elsewhere. But if this trade goes down as is...
Bay was swapped for a pair of prospects from the Tampa organization.
I think this is a great pickup by the Rays who are finally in contention and are hoping Bay can put them over the top. And for those who can't put two and two together, this also means the rumored three team blockbuster with the Pirates, Red Sox, and Marlins is completely dead. If the Marlins still want to add Manny Ramirez, they're on their own.
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