The official deal...

Mariners get:
Aaron Heilman - big league reliever, one time starter.
Endy Chavez - versatile outfielder
Maikel Cleto - minor league pitcher
Ezequiel Carrera - minor league center fielder
Jason Vargas - minor league pitcher with ML experience.
Mike Carp - minor league first baseman
Franklin Gutierrez (from Indians) - outfielder with speed and defense

Mets get:
J.J. Putz
Jeremy Reed
Sean Green

Indians get:
Joe Smth
Luis Valbuena
Joe Smith

As of about 9 p.m. local time, the deal was confirmed that the Mariners would send Putz, Reed and Green to the Mets and infielder Luis Valbuena to the Indians. The Mets would then ship first baseman Mike Carp, outfielder Endy Chavez, reliever Aaron Heilman, minor league pitchers Jason Vargas, Maikal Cleto and Ezequiel Carrera to the Mariners and then send reliever Joe Smith to the Indians. The Indians would send outfielder Franklin Gutierrez to the Mariners.

the trade will be official in the coming minutes and we will have a meeting with Zduriencik at 9:30 p.m.

UPDATE (7:39) --- Foxsports Ken

Anyway, here's a more detailed report on a three-player trade with the Mariners, Mets and Indians from mlb.com.

Mariners get -- OF Franklin Gutierrez from Cleveland and Aaron Heilman from NY.

Indians get -- IF Luis Valbuena from the Mariners and reliever Joe Smith from the Mets.

Mets get --- Putz and Jeremy Reed

Just left our meeting with Mariners general manger Jack Zduriencik and it appears as though a deal for closer J.J. Putz could happen sometime in the coming days and possibly tonight.

When asked if a proposal on the table, Zduriencik said. "Yes, there is something to think about in detail."

When asked if a deal could happen on Thursday or even tonight, he said, "Very possible."

Now, the trick is figuring out who the deal could be with.

Basically it appears to come down to two teams .. the Detroit Tigers and the St. Louis Cardinals.

Sources have said that the Mariners are looking for a 3-for-1 deal with Matt Joyce and Jeff Larish included, but a source close to the Tigers said, they are having reservations about giving up two young hitters. But Joyce could be off the table since he's reportedly being traded to the Devil Rays for Edwin Jackson.

That leaves the Cardinals, who have shopped outfielder Rick Ankiel around, a source said that the deal would ultimately be Ankiel and a minor league prospect for Putz. But it looks as though the Cardinals are completely focused on getting free agent Brian Fuentes even for a price tag of $10 million per year.

Just coming late from New York is the report of a possible three-way deal with the Mets and Indians where Putz would go to New York and bet set up man for Francisco Rodriguez.