The Athletics ended talks with Beltre this week to turn their focus toward other players, FOXSports.com reported.
Oakland entered the bidding for Beltre early on this offseason, reportedly offering him an initial five-year, $64 million deal. Until this week, the club continued to negotiate with Beltre.
While the Angels remain the odds-on favorite to land Beltre, the Rangers are still interested but aren't comfortable with his price tag, the report suggested. For Texas, adding Beltre would mean moving Michael Young to designated hitter or to another club, two unlikely concepts.
The Halos reportedly made a five-year, $70 million offer to Beltre earlier this month, a figure that the Rangers aren't believed to be willing to approach. Scott Boras, Beltre's agent, is reportedly seeking a deal in the neighborhood of five years, $85 million. Angels owner Arte Moreno told the Los Angeles Times earlier this month that the club had made a "significant offer" to Beltre and it wouldn't be increasing it.
There are several other clubs which could be interested in Beltre, the report suggested, including the Orioles and Blue Jays.
The 31-year-old is coming off a very strong campaign in Boston, hitting .321 with 28 homers and 49 doubles. After missing out on free agent Carl Crawford, Beltre would add some of the desired power to the Angels' lineup.
Here's a look Wednesday's other news from around the league:
The Orioles' bullpen wish list continues to take shape as the club has "definite interest" in free agent reliever Grant Balfour, MASNsports.com reported on Wednesday. Signing Balfour would mean the Orioles would have to forfeit a Draft pick, as the right-hander is a Type-A free agent.
Additional details on contract with the Blue Jays emerged on Wedesday as FOXSports.com reported that the deal includes a favorable $3.75 million option for 2012, leaving the door open for a possible return. The deal also allows for the Jays to recoup Draft picks if Dotel departs as a Type-B free agent after next season.
The Yanks have checked in with free agent Rafael Soriano, SI.com's Jon Heyman reported on Wednesday. Soriano would obviously have to move to a role outside the ninth inning to find in a fit in the Bronx.