According to the New York Daily News' Bill Madden, the Astros have offered 5yrs/$65m to 3B Chase Headley.
Madden notes that, if the Giants lose out on Jon Lester, they will get heavily involved on Headley, having lost Pablo Sandoval to the Red Sox.
Headley will be 31 in May and has a career .265/.347/.409 slash line with a 22.6% K-rate. His breakout year came in 2012 when he hit .286/.376/.498 and a 7.2 WAR. Since then, however, he has posted a 3.6 and 4.4 WAR, respectively. The Padres traded Headley last July to the Yankees for Yangervis Solarte and a minor-leaguer.
This would be weird, given that the Astros have Colin Moran and Rio Ruiz in the wings at 3B, and a shift to 1B for Headley would impact Jon Singleton, as well.