Cardinals general manager John Mozeliak, reached at his office at Busch Stadium, declined to confirm or deny the talks, but acknowledged that he is working on "a number of things." But several sources confirmed a deal is in the works, with one industry source saying that he would be "startled" if the trade does not happen.
Rolen, who will turn 33 in the season's first week, is a five-time All-Star and seven-time Gold Glover. However, he battled shoulder problems en route to one of his worst Major League seasons in 2007. He batted .265 with a .331 on-base percentage and a .398 slugging percentage in 392 at-bats.
His season came to an early end when he underwent left shoulder surgery in September. Rolen has also feuded with St. Louis manager Tony La Russa, and requested a trade when La Russa re-signed for two more seasons as the Cardinals skipper.
Glaus, 31, dealt with a foot injury in 2007 while putting up a .262/.366/.473 line. He has hit 37 or more home runs in four different Major League seasons and is a four-time All-Star. The MVP of the 2002 World Series, Glaus carries a career line of .254/.358/.500 and has hit 277 home runs.
In September, Glaus was reported to have received shipments of steroids in 2003 and 2004 from the New Hope Health Center, a clinic in California. However, Major League Baseball announced in December that it would not suspend Glaus, due to insufficient evidence of a rules violation.
Rolen has three years remaining on an eight-year, $90-million contract he signed with St. Louis shortly after he was dealt from Philadelphia in the summer of 2002. He is owed $12 million in 2008, 2009 and 2010. Glaus is signed for $12.75 million in 2008 with an $11.25 million player option in 2009.
Both players have complete no-trade protection and would have to approve the deal, and they would both need to undergo physical examinations. If more than $1 million in cash is involved -- and according to FOXSports.com, the Cardinals will send money to the Jays -- then the Commissioner's Office would also need to sign off. Full completion of the pact might not come until the beginning of next week.