The Sox have been trying to move Dye, who will make $11.5 million next year and will be eligible for free agency after that. But a source said this morning that it's highly unlikely that any Dye deal can be completed at the winter meetings.
Ideally, Dye would net the White Sox a pitcher they could put in their rotation. But even if that doesn't happen, the Sox could use some of the money they would save on Dye, and also the money they saved by trading Nick Swisher and Javier Vazquez, and allowing Orlando Cabrera to leave via free agency, to bid on a free-agent starter.
The source said the White Sox have no active free-agent talks, as they wait to see whether they can move Dye.