Angels drop out of bidding: According to Tim Brown, the Los Angeles Angels of Anaheim have dropped out of the bidding for Mark Teixeira leaving just the Boston Red Sox, Baltimore Orioles, Washington Nationals and New York Yankees vying for his services.

The Los Angeles Angels on Sunday afternoon withdrew their offer to free-agent slugger Mark Teixeira and do not intend to continue negotiations with his agent, according to a source close to the negotiations.

Sources close to the process said Angels owner Arte Moreno concluded that Teixeira did not intend to play for the Angels and that his team was being used to drive up the price for the other interested clubs.

Also, a source said the Red Sox have not spoken to Boras since Thursday night, when Henry issued his statement.

Update:The Angels have confirmed to MLB.com that they have in fact dropped out of the bidding. [Yahoo! Sports]