LAKE BUENA VISTA, Fla. -- Darek Braunecker, Cliff Lee's agent, said Wednesday that one club is no longer involved in the Cliff Lee sweepstakes. He wouldn't say which team had been eliminated, but a source said it's not the Rangers.

The source added that the Rangers were scheduled to meet with Braunecker on Wednesday afternoon.

"We know more right now than we did yesterday," Braunecker said as he quickly walked through the lobby of the Dolphin Resort on his way to another meeting. "We've eliminated a club and have zeroed in on a few things."

It's unclear how many clubs may be involved in attempting to land Lee, though the Yankees and Rangers have been considered the favorites since the process began. Braunecker declined to say anything in regards to offers from any clubs. But buzz in the lobby is that those offers should really start coming today. That might include, according to some reports, a 6-year offer between $140 to $150 million by the Yankees. If that happens, the question would be whether the Rangers are willing to go to six years guaranteed for Lee or if there's a way to get an offer that's close enough to the top bid where Lee would go to Texas. Unless something has changed in the last few days, the Rangers aren't likely to consider a 7-year deal for Lee.

Braunecker said he would be involved in meeting with clubs all day and plans on departing Florida on Thursday. He's expected to meet with the Rangers later today.