According to FOX Sports' Ken Rosenthal, the Rays have struck a three-year, $21 million deal with James Loney.

Loney drew serious free agent interest from the Brewers and Pirates, but he is ultimately headed back to Tampa Bay -- where he revitalized his career in 2013. The 29-year-old first baseman signed a one-year, $2 million deal with the Rays last winter and then went on to hit .299/.348/.430 with 13 home runs and 75 RBI in 158 games.

The Rays, Brewers and Pirates are in on James Loney, a source tells Adam Rubin of ESPNNewYork.com.

Rubin hears those three teams are in the heaviest on the 29-year-old, with the Rays and Brewers potentially resorting to dealing for Ike Davis should they miss out on Loney. Rubin also says Loney is still looking for a three-year deal -- it was previously reported he wanted between $27 and $30 million -- but that he's unlikely to get anything over two years. Loney is looking like the next domino to fall in the free agent first baseman market.

Adam McCalvy of MLB.com reports that the Brewers have sincere interest in free agent first baseman James Loney, but don't expect to get something done at the Winter Meetings.

Corey Hart signed with the Mariners on Wednesday, so the Brewers are now looking at alternatives, including a possible trade for the Mets' Ike Davis. As for Loney, he has also drawn interest from the Rays and Pirates.

According to ESPN's Buster Olney, the Brewers have been talking to free agent first baseman James Loney.

Milwaukee just lost Corey Hart to the Mariners via free agency and will now explore the other first base options. Loney found new life with the Rays in 2013, batting .299/.348/.430 with 13 home runs and 75 RBI in 158 games. He hit just .249/.293/.336 in 2012.

ESPN's Buster Olney reports the Pirates are revisiting signing free agent first baseman James Loney.

The Pirates have explored trading for a first baseman but have come back to the free agent market, as Loney has reportedly been a top target for them. Loney seems like a good fit for them as well, considering his defensive prowess. Offensively, he had a rebirth with the Rays last season, posting a .778 OPS, his highest since 2007.

The Rays are hopeful of re-signing James Loney but are waiting for his price to drop, writes Marc Topkin of the Tampa Bay Times.

The Rays would like to bring Loney back but not at his current price of three years and $27 million. The team will have to do something to fill its first base vacancy and would prefer a left-handed bat, with Topkin listing Logan Morrison and Mitch Moreland, among others, as possibilities via trade. The Rays may also ask for a first baseman in return if they're to trade starter David Price.

Jeff Passan of Yahoo! Sports reports that James Loney is looking for a three-year deal worth between $27-30 million.

If that's the case, that probably takes the Rays out of the mix. Believe it or not, Passan hears that Loney began the offseason by looking for a four-year, $40 million deal. The 29-year-old earned $2 million this past season while batting .299/.348/.430 with 13 homers and 54 RBI. The Pirates reportedly have interest.

Teams who have talked to the Pirates believe that free agent James Loney is emerging as the club's top choice at first base, reports Jayson Stark of ESPN.

Stark hears that the Pirates have also inquired about possible trades for the Rangers' Mitch Moreland and the Blue Jays' Adam Lind. Loney is coming off a solid bounceback campaign with the Rays in which he batted .299/.348/.430 with 13 homers and 54 RBI.

The Rockies are expected to turn their attention to James Loney if they're unable to sign Justin Morneau, writes Troy Renck of the Denver Post.

Morneau is the team's clear No. 1 target to replace Todd Helton at this point, but if he doesn't work out Renck believes they'll move on to Loney. The 29-year-old hit .299/.348/.430 with 33 doubles and 13 home runs this past season for Tampa Bay. He hasn't drawn much interest on the open market thus far despite the resurgence.

Troy Renck of the Denver Post reports that the Rockies have expressed interest in James Loney.

The Rockies are looking at first basemen this winter, or they could turn to right fielders if they wind up moving Michael Cuddyer to first. Loney, Mike Napoli and Justin Morneau are free agent considerations, and they've also checked in on Ike Davis as a potential trade option. Loney batted .299/.348/.430 with 13 homers and 75 RBI while playing Gold Glove-caliber defense at first base for the Rays in 2013.

The Rays are interested in re-signing impending free agent James Loney.

The one-year, $2 million deal Loney signed last winter turned out to be a bargain for the Rays, as the first baseman batted .299/.348/.430 with 13 homers and 75 RBI while playing Gold Glove-caliber defense. He'll obviously be wanting a raise, but the market still doesn't figure to be too robust for him, leaving the door open for the Rays to bring him back.

James Loney went 2-for-3 with a two-run double in the Game 2 loss against the Red Sox on Saturday.

Loney was on base three times on the night, registering a single and getting hit by a pitch to go along with the fifth inning double. The runs batted in were Loney's first of the postseason. The double made the score 5-3, but it was as close as the Rays would get.

James Loney went 3-for-3 with a double and a walk versus the Yankees on Thursday.

Loney went 7-for-11 in the series at Yankee Stadium to push his average back over .300. He's batting a remarkable .363 on the road this year, compared to .245 at The Trop.

James Loney is not in the Rays' lineup Monday.

Rays manager Joe Maddon told reporters on Monday afternoon that Loney has been looking a "little bit fatigued." The first baseman should be back in action Tuesday.

James Loney went 2-for-4 with a home run in Sunday's loss to Oakland.

He hit his 11th home run of the season in the second inning off A.J. Griffin. It was just his first homer since July 26. Loney doesn't offer much in the way of power production, but continues to put together a solid second half. He's batting .278 over 122 at-bats since the All-Star break.

James Loney went 2-for-5 with two RBI against the Angels on Tuesday.

Loney's two RBI were just his third since August 15, giving him 58 on the year. He's finally started to resemble the first baseman we remember, as the 29-year-old's .304/.353/.427 line is buoyed by his scorching hot first half.

James Loney went 2-for-4 with a home run and four RBI in a win over the Yankees on Friday.

Loney had an RBI single in the fifth inning and a three-run blast in the seventh. The 29-year-old appeared to be coming back down to Earth not too long ago, but he's hitting .372 over his last 26 games. Don't expect much in the way of power production, but Loney is a perfectly useful option out of a corner infielder (CI) spot in mixed fantasy leagues.

Rays activated 1B James Loney from the paternity leave list.

Loney missed the first two games of the series in Toronto to witness the birth of his child. He's back at first base Sunday.

Rays placed 1B James Loney on the paternity leave list.

Loney can stay on the list up to three days, though it's not clear if he'll miss that much time. Sean Rodriguez is likely to handle first base while Loney is away.

James Loney is not in the Rays' lineup on Saturday.

It's just a day of rest. Sean Rodriguez will start at first base against White Sox left-hander Chris Sale.