Just a few moments after news broke the Los Angeles Angels of Anaheim have signed Ryan Madson to a one-year deal, Danny Knobler of CBS Sports is now reporting the team is unlikely to sign right-handed starting pitcher to a new deal.

The Angels were once considered the favorites to bring back the ace they traded for at last year's trade deadline, but it now seems like the team traded with a few of their top prospects in exchange for a two-month rental, instead focusing their attention elsewhere.

And the Angels, who still don't have a No. 3 starter behind Jered Weaver and C.J. Wilson?

"It won't be Greinke," said one person familiar with their plans.

With the Angels perhaps out of it, the Los Angeles Dodgers could be considered the leading candidate to sign Greinke. The Texas Rangers are also interested.

With the new TV deals helping teams spend more in free agency this year and going forward, Greinke, 29, could be in line to sign the largest deal of any pitcher in baseball history.