Jon Heyman of WFAN and Sports Illustrated said the Yankees wanted Houston to pick up at least half of Rodriguez's contract, something Houston is not interested in doing.
Stark said it will either be the Toronto Blue Jays or no trade at all for Houston's Rodriguez.
The 4 p.m. trade deadline is upon us. The Yankees still have yet to make a move to improve their team, especially the starting rotation.
Earlier today, I reported that the Yankees had shown interest in San Diego Padres closer Heath Bell, but they will have to fight the Texas Rangers and St. Louis Cardinals, who are also interested in Bell's services.
Rodriguez is signed for another three years and $34 million through 2014, and according to Buster Olney of ESPN, Houston would have to eat a chunk of the contract for the Yankees to take it on in a trade.
Should the Yankees make a trade for Wandy Rodriguez?
Rodriguez is 7-7 with a 3.47 ERA in 122 innings with 106 strikeouts and only 38 walks in 2011.
Jon Paul Morosi of FOX Sports says there is a 50/50 chances of Rodriguez even being traded, mostly because Rodriguez's contract is the issue that teams will encounter.
Joel Sherman of the New York Post says that the Yankees aren't close to a deal and there was no sense from the Yankees side that they were going to make a deal.
Between now and 4 p.m., a lot can change, though.
Personally, I'm not a big fan of Rodriguez and could see him being a bust with the Yankees. His best season was in 2009 at 14-12, but that's pitching in the National League Central with Houston.
How that translates into the American League is a whole different story.
The one thing that might help him is being a lefty, something that the Yankees could use in the rotation given that CC Sabathia is the lone lefty in the rotation.
The countdown to today's deadline continues.
Will a deal get done? Do the Yankees make a move for Rodriguez, or do they pass?