11:34am: The two sides are in agreement on a trade, reports John Gambadoro of 98.7 Arizona Sports. Right-hander Jack Martinez, the Diamondbacks' eighth-round pick from last summer's draft, is going back to the Cardinals in return. 11:28am: MLB.com's Steve Gilbert reports that a trade sending Arenado to Arizona is "close." Woo and colleague Ken Rosenthal add that Arenado has agreed to waive his no-trade clause. 11:19am: The Diamondbacks and Cardinals are in "serious" discussions on a potential trade that would send Nolan Arenado from St. Louis to Arizona, reports Katie Woo of The Athletic.
As the Cardinals continue to pursue trades of their veterans, the Angels have emerged as a potential destination for Nolan Arenado. Ken Rosenthal of The Athletic connected the third baseman to the Halos last week, and colleagues Will Sammon and Katie Woo echoed the sentiment this week. Two potential roadblocks existed for an Arenado deal, one for each side, though the Angels have cleared up their end.
Nolan Arenado is a veteran third-baseman known for his very good defense (he has 10 Gold Gloves to date). He was on the Rockies from 2013-2020 before being traded to the Cardinals in 2021, where he has since remained, until very possibly this offseason. Trading for him would likely cost some minor prospects and money for the Cardinals to use in their rebuild.