UPDATE: Saturday 10:15p - According to Gordon Edes, Mark Melancon could also be included in the trade for Joel Hanrahan.
Melancon recorded a 6.20 ERA in 45 relief innings with the Red Sox last year.
Saturday 4:35 - According to Jim Bowden, the Red Sox and Pirates have agreed on a deal.
Joel Hanrahan will head to the Red Sox, while Jerry Sands and pitching prospect Stolmy Pimentel will head to Pittsburgh.
Sands was acquired from Los Angeles in the deal that sent Adrian Gonzalez, Josh Beckett, and Carl Crawford to the Dodgers.
In two seasons with the Dodgers, Sands hit .244 with 4 home runs and 27 RBI.
As for Pimentel, he spent the past two seasons in Double-A Portland where he went 6-16 with a 5.96 ERA in 166 innings.
Saturday 4:10 - According to Jim Bowden of ESPN, the Red Sox and Pirates are finalizing the deal that would send Joel Hanrahan to the Red Sox.
Jerry Sands will, in fact, be part of the deal as Jon Heyman reported earlier in the day.
Saturday 3:50pm - Jerry Sands could be part of the deal, according to Jon Heyman.
Saturday 2:25pm - Jim Bowden revealed that the Red Sox would not include Xander Bogaerts, Matt Barnes, Jackie Bradley, Allen Webster, Rubby De La Rosa in a possible Hanrahan deal.
Additionally, Jon Heyman reported that Jose Iglesias is not part of the Red Sox current offer.
Saturday 1:12 - More bullpen help may be on the way for the Red Sox.
According to Gordon Edes, the Red Sox are close to a deal with the Pittsburgh Pirates that would bring Joel Hanrahan to Boston.
Hanrahan has saved 76 games for the Pirates over the past two seasons.
Also according to Edes, one official has reported that there is "still work to be done" in a possible deal.
The Pirates have previously shown interest in Red Sox shortstop Jose Iglesias as part of any package for Hanrahan.
More to come...