Figgins recently dropped his asking price to $36 million over four years, not too far from the $32 million the Mariners were offering over four. Seattle also had offered $27 million over three years if Figgins preferred the slightly shorter option.
It appears the sides will compromise between their positions, perhaps just south of $36 million.
The Angels, Figgins' old team, are thought to have bid $24 million for three years.
Figgins played third base for the Angels but also has the ability to play second base or left field.
The Mariners, who are expected to be active this winter, also have shown interest in Angels ace John Lackey. The Angels also would like to retain Lackey, who is being pursued by at least the Yankees, Red Sox, Brewers, Rangers, Mets and Nationals.
Figgins hit .298 with 114 runs and a league-leading 101 walks this past season.