© 2009 MLB Advanced Media, L.P. All rights reserved.

02/13/09 7:35 PM EST

Braves willing to defer funds to Glavine

Offer is around $1 million with incentive package of about $3 million

LAKE BUENA VISTA, Fla. -- Tom Glavine asked the Braves to formulate a creative contract offer, and it appears they've done so by offering him a portion of the deferred funds that he's willing to accept.

Braves general manager Frank Wren contacted Glavine's agent, Gregg Clifton, on Thursday night and discussed the contents of a new one-year proposal, which includes incentives that would be deferred over the next few years.

During Thursday night's conversation, it's believed that Wren offered a guarantee of approximately $1 million and an incentive package worth approximately $3 million -- a total that could be deferred for up to five years.

While not providing details of the offer, Wren confirmed negotiations with Clifton are ongoing. All indications are that the two parties seem more optimistic than they were when they concluded their meeting in Atlanta on Wednesday afternoon. Last week, the Braves offered Glavine a one-year contract that included a $1 million guarantee and the opportunity to make $3 million. But the specifics of the incentives that would have maximized that offer were never discussed, and it appeared Wren felt he wouldn't be able to defer any money.

When the two parties met on Wednesday, Wren provided indication that he'd be able to defer some money, and on Thursday night, he confirmed this with Clifton.

With approximately $6 million to $7 million to spend and a need to get an outfielder, the Braves aren't in a position where they can comfortably guarantee Glavine much more than $1.5 million this year. This reality hasn't fazed the veteran hurler, who is more than comfortable with the fact that some of his salary could be deferred over the course of the next five years.

Not worrying too much about the amount of money he'd gain this season and worrying more about being properly compensated for the production he believes he can provide, Glavine has been looking for a contract that would include a maximized value of approximately $6 million.

Mark Bowman is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.