The Yokohama Bay Stars are currently looking into Tony Blanco, Jorge Sosa, Enyelbert Soto, and Maximo Nelson.
The Bay Stars may be preparing to offer Blanco, Sosa, and Soto two-year contracts. Blanco's deal could be worth 600M yen, Sosa's 350M yen, and Soto's 250M yen. That could give the team, in one fell swoop the power hitter they have been looking, a closer that will allow Shun Yamaguchi to finally make his move into the starting rotation, and a left-handed starter.
If the Bay Stars sign Blanco, he will likely start at first and bat fifth behind Alex Ramirez.
As for whether or not the Dragons still have a shot at re-signing Blanco, it seems there is little chance of that happening now -- negotiations have taken too long and the divide between the two sides may have grown too large.
The Softbank Hawks have also expressed an interest in Blanco, but it seems he has a desire to play for a team located near Tokyo. The Bay Stars are also considered favorites because of Ramirez.
With regards to Nelson, the team is still looking into him as an option. Their biggest concern with him is his right shoulder. If he is healthy, they may attempt to sign him.
Source: Sponichi 11/20/2012, Sponich 11/20/2012, Sponichi 11/20/2012