From Jayson Stark's Rumblings comlumn on espn.com:
"The Jason Bay/Xavier Nady rumors continue to percolate. But an official of one team that investigated says we should take all Pirates trade rumors this July with an entire shaker of salt. "My feeling is they're not going to trade any of those guys, because [their ownership] wants to finish at .500. They haven't done it in 15 years. So if they're even close at the deadline, they won't trade anybody."
Maybe Nady won't be a Ray afterall.