With third baseman Chone Figgins on his way to Seattle and John Lackey and Vladimir Guerrero also free agents possibly on the way out of Anaheim, the Angels could be in a position to move on Bay, whose departure would create a void in Boston's lineup.
The Angels have shown a willingness in the recent past to invest heavily in free-agent outfielders. They signed Gary Matthews Jr. to a five-year, $50 million deal after the 2006 season, and one winter later added Torii Hunter for five years and $90 million. Bobby Abreu was re-signed after the season to a two-year, $19 million deal that could grow to $28 million with a third option year. Abreu had signed a one-year, $5 million deal that became $6 million with bonuses last winter.
The Angels already have a productive left fielder in Juan Rivera, who could be used as a trade chip or in a four-man outfield rotation with Hunter, Abreu and Bay, if the latter is signed.
Bay and Matt Holliday are the most prominent offensive performers in the open market, with Lackey the premier starter.
Angels owner Arte Moreno has made it clear the club is not pursuing Holliday, but he has expressed interest in Bay.
Lyle Spencer is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.