Although the Mariners plan to pursue offensive upgrades this offseason, general manager Jack Zduriencik said Friday he doesn't see Seattle being big players in the pursuit of free-agent slugger Josh Hamilton.

Zduriencik didn't slam the door on Hamilton, but indicated the length of contract and financial commitment the five-time All-Star outfielder will be seeking "might surpass where we're going to be" and that it would be unwise for the Mariners to put all their eggs in that basket while waiting for the free-agent dance to play out.

"You have to be realistic about how you're going to allocate your dollars," Zduriencik said. "Some of these things drag out and if you're sitting there waiting on one chip, other chips in front of you might go away and you end up with nothing."

Mariners president Chuck Armstrong told Jon Heyman of CBSSports.com earlier this week at the Owners Meetings in Chicago that Zduriencik was looking into Hamilton's situation, noting the team needed offense and had some money to spend, but also indicating the team was still weighing its options.

Zduriencik spent the last several days meeting with his top brass in Seattle to discuss 40-man roster decisions that must be finalized by Tuesday, as well as potential free agents and trade scenarios. By Friday evening, he sounded like a man no longer weighing Hamilton as one of the options.

"There are a lot of great things to like about several of these guys on the market, and we're doing our homework," he said. "But when you hear what players expect and the years involved, that's a lot to consider. At the end of the day, when you gauge the market, you have to be realistic about where it will end up. And there's a strong possibility that one will exceed where we're at."