Phils reach three-team deal to get Halladay, send Lee to M's
By Jon Heyman, SI.com
Roy Halladay has agreed to a three-year, $60 million contract extension with a one-year vesting option for $20 million with the Phillies. All that remains to complete the blockbuster three-team trade involving the Phillies, Blue Jays and Mariners is for physicals for all the players involved to complete the deal that was originally agreed upon Monday and involves two Cy Young winners changing teams.
As part of the trade, Halladay will be going from the Blue Jays to the Phillies, and Cliff Lee will go from the Phillies to the Mariners. Six prospects and cash are also involved in the trade, which has yet to be finalized due to its complexity, and may take at least one more day to be completed.