Clark Spencer of the Miami Herald reports that the Marlins’ offer to free agent Yoenis Cespedes was worth less than $40 million.

From Rotoworld.com:

A source told Eric Reynoso of Cafe Fuerte on Saturday that the Marlins made an offer this week of “around $40 million.” And now we can guess that it was probably in the 30s. Cespedes returned to the Dominican Republic on Thursday night after meeting only with the Fish. The Cubs, White Sox, Orioles and Tigers are thought to be interested in the 26-year-old Cuban outfielder as well.

At this point it doesn’t appear as though Cespedes has meetings scheduled with any other teams. But that may not be a big deal seeing as how he can’t officially sign a contract until the Office of Foreign Assets Control unlocks him. Who knows how long this process will be dragged out for but the Marlins remain the clear favorites.

That said, the club to keep an eye on is the Tigers. Their desire to acquire an outfielder is well known and just because they gave Prince Fielder a mega-contract that they won’t be willing or able to sign Cespedes. Detroit is hot after a World Series title after losing to the Cardinals in the 2006 Fall Classic and to the Rangers in last season’s ALCS.

Then again, Nick Cafardo of the Boston Globe reports that “there was a lot of talk late in the week” about the Orioles being a “sleeper team.” So who knows at this point?