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11/22/10 5:15 PM EST

Hot Stove roundup: Upton speculation continues

Thanksgiving week is upon us, but there's still plenty of time for the Hot Stove before the turkey hits the table.

• Speculation about D-backs right fielder Justin Upton continues following the General Managers Meetings. Joel Sherman of the New York Post reported last Friday that 15-16 teams had approached Arizona about acquiring the young slugger. Upton has four teams on his no-trade list: the Athletics, Mariners, Tigers and Royals. On Monday, Ken Rosenthal of FOXSports.com clarified on Twitter that the Mariners were one of the teams Upton had chosen to block from acquiring him, not the Indians as he had previously reported. The Blue Jays, Marlins, Orioles, Red Sox, Royals and Yankees have been said to have interest in Upton.

• The Yankees want to re-sign iconic closer Mariano Rivera to a one-year deal, but he wants a two-year contract worth about $18 million per season, according to a Twitter report from Yahoo's Jeff Passan. Rivera made $15 million in 2010.

• The deadline for clubs to decide if they want to offer arbitration to their eligible free agents is 11:59 p.m. ET on Tuesday. A lot of factors go into teams' decisions this time of year, but keep in mind that they can make offers of arbitration to free agents, even if the players plan to decline and depart, in order to reap the Draft benefits. Only time will tell what impact this will have on the free-agent market.

• Speaking of the arbitration deadline, one of the Orioles' biggest decisions leading up to it will be whether or not to offer arbitration to reliever Koji Uehara. According to MLB.com's Brittany Ghiroli, the O's have shown significant interest in retaining Uehara and have remained in contact with his representatives. Uehara, who served as the O's closer down the stretch, registered a 2.86 ERA out of the 'pen in 2010. His strong season could put him in line for a significant raise.

• Free agent Eric Hinske is being courted in the early stages of the offseason by the Braves and the Brewers, according to a Twitter report from Yahoo's Tim Brown. The 33-year-old hit .256 with 11 home runs in a bench/platoon role with Atlanta last year. Hinske has said he'd like to return to the Braves, who offered the outfielder/first baseman a one-year deal in the range of $1.5 million last week, according to MLB.com's Mark Bowman. Hinske is said to be looking for a two-year deal.

• There are six or seven teams interested in free-agent right-hander Brandon McCarthy, according to a report from Jon Paul Morosi of FOXSports.com. Teams interested in McCarthy include the Athletics, Astros, D-backs, Brewers, Padres, Mariners and Tigers. McCarthy, who has endured his share of shoulder injuries, has been looking good in the Dominican Winter League, Morosi noted.

• The A's pitching situation for 2011 is apparently still evolving amidst the news that talks with Japanese right-hander Hisashi Iwakuma have stalled. The two sides will still have until Dec. 7 to hammer out a deal, but it's not looking good. According to Iwakuma's agent Don Nomura, the A's offered Iwakuma a four-year deal worth $15.25 million. Iwakuma and his agent, though, were looking for something more similar to the contracts of Hiroki Kuroda (three years, $35.3 million) or Daisuke Matsuzaka (six years, $52 million).

Bailey Stephens is a reporter for MLB.com. Follow her on Twitter at BStephens27. This story was not subject to the approval of Major League Baseball or its clubs.