FILE - In this Sept. 14, 2018, file photo, New York Yankees' Andrew McCutchen hits a home run during the fifth inning of a baseball game against the Toronto Blue Jays, at Yankee Stadium in New York. A person familiar with the negotiations tells The Associated Press that All-Star outfielder Andrew McCutchen and the Philadelphia Phillies have agreed to a $50 million three-year contract. The person spoke on condition of anonymity Tuesday, Dec. 11, 2018, because the agreement, which includes a club option for 2022, is subject to a successful physical.(AP Photo/Bill Kostroun, File)
FILE - In this Sept. 14, 2018, file photo, New York Yankees' Andrew McCutchen hits a home run during the fifth inning of a baseball game against the Toronto Blue Jays, at Yankee Stadium in New York. A person familiar with the negotiations tells The Associated Press that All-Star outfielder Andrew McCutchen and the Philadelphia Phillies have agreed to a $50 million three-year contract. The person spoke on condition of anonymity Tuesday, Dec. 11, 2018, because the agreement, which includes a club option for 2022, is subject to a successful physical.(AP Photo/Bill Kostroun, File) Credit: ap — Bill Kostroun

Las Vegas — Tuesday at baseball’s winter meetings dawned with rampant rumors of a blockbuster trade that would have sent ace Noah Syndergaard from the New York Mets to the Miami Marlins and all-star catcher J.T. Realmuto in the opposite direction — or perhaps triangulated into a three-way deal involving New York Yankees third baseman Miguel Andujar, which would have resulted in Syndergaard pitching in pinstripes in 2019.

By Tuesday evening, as team executives spilled out of their suites and into the 33 gouge-priced restaurants and bars of the Mandalay Bay Resort and Casino — to do a different sort of damage to their owners’ bottom lines — nothing of the sort had been consummated, or appeared imminent.

The winter trade market, however, was in full bloom on Tuesday, with the aforementioned names joined by the likes of Rick Porcello and Jackie Bradley Jr. (Boston Red Sox), Trevor Bauer and Corey Kluber (Cleveland Indians), Yasiel Puig and Alex Wood (Los Angeles Dodgers), Amed Rosario (Mets) and Tanner Roark (Washington Nationals) among those being tossed around as trade possibilities on the casino floors and in the long lines at the multiple Starbucks.

In a related development, among the names that were not being discussed at such high volume: Manny Machado and Bryce Harper.

While all indications continued to be that the two elite players on this winter’s free agent market — each of whom was taking aim at topping Giancarlo Stanton’s $325 million pact as the largest in baseball history — would go deep into the winter or even the spring before signing, many teams, including some that might otherwise be in on Harper and/or Machado, were showing an unwillingness to wait around.

“At this time of the offseason, that’s often the case,” said Nationals general manager Mike Rizzo, who has already added an elite starting pitcher (Patrick Corbin), two relievers and two catchers this winter. “You have your handful of really good free agents who go off the board. You’ve got a couple elite guys who it’s going to take a little while longer. So I think a lot of (teams) do turn to the trade market to see what’s out there. And if they don’t want to give up what it takes (to acquire a player via trade), they often go back to the free agent market.”

One day after their general manager vowed not to “sit around and be held hostage by one or two players,” the Philadelphia Phillies — whose deep resources and aggressive stance at the start of this offseason had them the odds-on favorite to nab either Harper or Machado — made a somewhat surprising move to sign 32-year-old free agent outfielder Andrew McCutchen to a three-year deal (pending a physical) reportedly worth $50 million. It was the biggest contract for a free agent position player this winter, which says more about the slow-moving market than about McCutchen.

Rather than signaling a pivot away from Machado and/or Harper, the Phillies’ signing of McCutchen, the 2013 National League MVP, was widely viewed as a separate move, one that — given their financial might and ambition — wouldn’t preclude them from also taking on one of the high-priced sluggers, if they choose to do so.

But by later in the day, the Phillies also were being linked to the trade market for Realmuto, the Marlins’ talented and highly coveted catcher. Between McCutchen and Realmuto, the Phillies could add some 40 annual home runs to their lineup, thus solving one of their biggest needs this winter: power.

As the Phillies work through their offseason checklist, the Dodgers have emerged as the West Coast hub of transactional momentum.

The Dodgers present a curious case: a large-market, high-profile franchise — and back-to-back NL champions — that by all measures looks to be the perfect landing spot for Harper, a Las Vegas native. But they, too, were believed to be more engaged in trade discussions than in high-level free agents at this point, seeking to turn their surplus of outfielders and starting pitchers into a couple of significant upgrades.

The Dodgers were known to be shopping established outfield assets such as Puig, Matt Kemp and Joc Pederson, but a more intriguing possibility is top outfield prospect Alex Verdugo, 22, who could bring back a far higher return — perhaps an elite starting pitcher such as Kluber or Bauer.

“We feel really good about our talent level,” president of baseball operations Andrew Friedman told Dodgers beat reporters, “and feel like we’re in position where we have some depth to entertain different conversations, and possibly reallocate that depth in different ways that provide opportunity.”

Scott Boras, Harper’s agent, can only hope the Dodgers’ moves clear some payroll space and position them for a late, aggressive play for Harper.

“Every move you make,” Rizzo said, “there’s a reaction from the industry.”

In the meantime, of all the many possibilities and narratives as the sun set on the Las Vegas Strip on Tuesday, the notion of a Syndergaard/Realmuto swap, in whatever form it would take, remained the most tantalizing.

By this point, there is little doubt the Marlins will deal their all-star catcher, and the Mets, in the midst of an aggressive winter of deal-making behind new GM Brodie Van Wagenen, would love to have him. But in Syndergaard, 26, they have an ace-caliber starter — albeit one who has made just 32 starts the past two seasons — with one of the best fastballs in baseball who is under club control for three more years.

The juiciest possibility of all was the involvement of the Yankees in a potential swap with the Mets — their crosstown rivals with whom they haven’t pulled off a significant trade in a decade and a half — and/or the Marlins, whose CEO, Derek Jeter, is merely the greatest Yankee of the past half-century.

For the Yankees, Syndergaard would probably cost them Andujar, the AL rookie of the year runner-up, and a couple of top prospects. They could also maneuver their way to Realmuto, though that would also be costly and would lead to the question of what to do with current catcher Gary Sanchez.

As the winter meetings head into their final full day — the proceedings end on Thursday morning with the Rule 5 draft — with almost zero chance of a Harper and/or Machado signing to upend the industry, this is what counts as excitement.