4:01pm: The Rockies and Blue Jays are still discussing Guthrie, Renck reports (Twitter links). There's a potential fit, but the Rockies would like someone other than McDade. As many as four clubs are interested, Renck reports.

MONDAY, 7:57am: The Rockies are looking to move Guthrie's salary for one prospect, Troy Renck of the Denver Post reports (on Twitter). Renck confirms that the Rockies and Blue Jays have discussed a possible deal.

SUNDAY: The Rockies are ready to part ways with Jeremy Guthrie and have informed the rest of the league that the right-hander is available immediately, tweets Buster Olney of ESPN.com. Count the Blue Jays as one of Guthrie's potential suitors as Toronto has contacted Colorado to discuss the framework of a possible deal, report Ken Rosenthal and Jon Paul Morosi of FOX Sports. One trade scenario would have the Jays assuming a major portion of Guthrie's contract as the Rockies would receive only a lower-tier prospect such as Double-A first baseman Mike McDade.

The former Orioles ace has struggled both on and off the mound since arriving in Colorado during the offseason. Known for his propensity to ride his bicycle to the ballpark, Guthrie landed on the disabled list in April when the chain on his bike popped, causing him to fall on his pitching shoulder. After pitching to a 4.12 ERA in five seasons with the O's, Guthrie has been prone to the home run in Denver as he's posted a 6.91 ERA with 4.5 K/9 and 3.4 BB/9 in 10 starts.