According to Troy Renck and the Denver Post this morning, the Rockies are pursuing trade talks with the Red Sox in a possible deal to ship out the face of the franchise. Manny Delcarmen and Craig Hansen are mentioned as possibilities to fill the parameter of "young pitching" although the returning players would depend on how much of Helton's remaining contract the Rockies were willing to eat. This rumor seems a bit more developed than others involving Todd this winter, as the slugger has been made aware of the negotiations and has expressed a willingness to waive his no-trade clause to play at Fenway.
Update [2007-1-27 16:32:32 by Rox Girl]:
With all the various sources piping their two cents in on this, I thought it would be wise to give a summary of where we've been told things are at:
Boston Receives: Todd Helton, sweet relief for getting rid of Mike Lowell and Julian Tavarez, and an undisclosed but agreed upon amount of cash, purportedly around worth half of Helton's remaining $91.1 million dollar contract.
Colorado Receives: Right now, diddly squat plus possibly Matt Clement who is worth slightly less than diddly squat.
We aren't going through with this deal, however, until we also receive Manny Delcarmen and Craig Hansen, which would make the crap Boston's trying to unload on us slightly more palatable, but not really.