6:54pm: Bean Stringfellow, Cordero's agent, wouldn't comment on whether the Angels were looking at Cordero as a closer or as Jordan Walden's setup man, reports DiGiovanna. Stringfellow called it "a delicate situation."

6:21pm: The Angels, Blue Jays, Orioles and Phillies are all pursuing Cordero, reports Mike DiGiovanna of the Los Angeles Times (Twitter link). These could well be the four finalists Gonzalez referenced.

5:29pm: Free agent reliever Francisco Cordero expects to sign with a new team by the end of the week, reports MLB.com's Alden Gonzalez. Four clubs are finalists for Cordero; Gonzalez's source identifies the Angels as one of the four, but the Rays are not in the mix. One of the unknown teams "is a championship-contending team looking to slot [Cordero] in the eighth inning," and Gonzalez speculates this could be the Phillies, looking at Cordero as Jonathan Papelbon's setup man.

The Angels, Red Sox, Reds and Orioles have all been linked to Cordero this winter, though Boston's acquisitions of Andrew Bailey and Mark Melancon probably eliminate them from the hunt. The Reds are probably also out due to their signing of Ryan Madson, though they fit Gonzalez's description of a title contender and Cordero could be open to remaining in a familiar environment to chase a World Series.