It's almost February, and Roy Oswalt is a free agent and good, so it stands to reason that Roy Oswalt isn't going to wait that much longer before he decides on his next team. There have been reports that Oswalt would most like to sign with the Cardinals or the Rangers. The Cardinals and Rangers both presently have full starting rotations, but according to Jim Duquette, that might not be too big of an obstacle:
Source - Roy Oswalt and the #Cardinals are close to a deal. #RedSox and #Astros are also still in the mix.
Duquette later adds that the Rangers are still involved. What's most significant here, though, is that Oswalt might find a home in St. Louis. The Cardinals already have Chris Carpenter, Adam Wainwright, Jaime Garcia, Kyle Lohse and Jake Westbrook, but you can bump a Jake Westbrook to make room for a Roy Oswalt. Doing so would give the Cardinals the possibility of having four aces. Ish.
Nothing's done. This rumor might not even be true. I don't know. I don't know Jim Duquette, and I don't know what Jim Duquette's source knows. But the Cardinals play close to Oswalt's home and they make sense once you get over the Westbrook thing, so we could see a signing before too long. Expect a one-year contract with a lower base than you'd think Roy Oswalt would deserve.