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8/14/2014 1:47 P.M. ET

Owners voting for new Commissioner today

Announcement to be carried live on MLB Network and MLB.com

Major League Baseball owners are voting to name a new Commissioner today at their quarterly meetings in Baltimore.

The three finalists under consideration were MLB chief operating officer Rob Manfred, Red Sox chairman Tom Werner, and MLB executive vice president of business Tim Brosnan, though Brosnan reportedly withdrew before the first vote. A candidate needs to receive at least 23 out of 30 votes to be named the 10th Commissioner in MLB history, and if a consensus is not reached, a decision on the next Commissioner could be tabled until the next time the owners meet in November. Commissioner Bud Selig plans to move on from the role in January. His current contract runs through Jan. 24.

Selig is expected to hold a news conference after today's voting concludes, and it will be carried live on MLB Network and MLB.com.

This story was not subject to the approval of Major League Baseball or its clubs.