Blue Jays, Red Sox preparing offers for Pablo Sandoval

The market for free agent third baseman Pablo Sandoval continues to heat up, and it appears that the 28-year-old has already has a couple offers on his table to consider. Per the Boston Globe's Nick Cafardo, Sandoval has received a formal offer from the Boston Red Sox, and will likely attain one from the Toronto Blue Jays within the next 24 hours. The San Francisco Giants, the third team in the Sandoval derby, are set to speak with Sandoval's agent, Gustavo Vasquez, tonight as well, according to FOX Sports' Ken Rosenthal.

The Red Sox have been quite busy today, initially submitting a six-year, $110-120 million offer to left-hander Jon Lester, and now placing a bid for Sandoval. The Red Sox are currently in an unusual situation for the franchise, with very little money committed long-term and an abundance of young talent. However, the club has needs in the rotation and an obvious weak spot at the hot corner, where Will Middlebrooks hit just .191/.256/.265 in 2014.

The Blue Jays have also been busy this offseason, already making a major free agent acquisition with the signing of Russell Martin earlier this week. Sportsnet's Shi Davidi reported earlier today that the Blue Jays had yet to make an offer to Sandoval, but if Cafardo's report is correct, then that should change within the next day or so. Sandoval, who hit .279/.324/.415 with a 3.3 WAR in 2014, would fit nicely with Toronto, filling needs for both a third baseman and left-handed power.