Your Daily Trade Rumor: Phillies and Astros Have Reached a Deal for Oswalt

According to Fox 26 in Houston, the Phillies and Astros agreed upon terms late Wednesday night for a trade that would bring Roy Oswalt to Philadelphia.  Oswalt has been contacted by the Astros about waiving his no-trade clause, according to the report.

The Phillies would send J.A. Happ and prospects to Houston in return.

Oswalt is owed $5 million for the remainder of this season, $16 million next season, and wants his destination club to pick up his $16 million 2012 option. 

As we mentioned last week, Oswalt seemed wishy washy about coming to a large media market, so there's no guarantee he accepts the trade.

By making such a move, Ruben Amaro is essentially acknowledging that trading Cliff Lee was a mistake.  But he is now doing what keeping Lee would have achieved- he's making the team better this season. Swapping Lee for Roy Halladay guaranteed the team a top flight starter for the next four years, but it only swapped aces for the 2010 season.  The Phillies showed last year that they need more than one ace to win a World Series.  Bringing in Oswalt would give the Phillies an incredible 1-2 punch.

Trading Happ for the 32 year-old Oswalt is a gamble, however.  Oswalt is reported to have received three cortisone shots in his back this year, and is significantly more expensive than Happ.  Happ will make around a half a million dollars each of the next two seasons and is arbitration eligible in 2012.  Since the start of last season, Happ's ERA is also full point lower than Oswalt's.

Stay tuned for the latest details.

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15 Responses

  1. I agree Tyson. Cliff Lee wants to come back. Just wait until the off-season and sign him back

  2. I agree, MAJOR mistake which is 100% going to come back and bite the Phillies. I say wait and grab someone else, costing less overall and sign Lee in offseason as well. Oswalt is a good SP dont get me wrong, but remaining $5M + $16M next year for a 500k until 2012 SP like Happ who has shown no issues? I am not a fan of losing Happ and we just seemed deadset to trade him for some reason…I am not sure why….ED WADE wins this deal…surprisingly…although he also apparently won on the Myers signing as well! WOW!

  3. I don’t they would’ve had the money to sign Lee this offseason…he is gonna command a monster contract.

  4. Yeah, you never know if Lee would take less to come here. We’ll get Oswalt, then trade Halladay to another team for prospects after the season to bring back C Lee. Ruben has dementia.

  5. Oswalt is a HUGE mistake…He isnt worth 16 million plus…I would lose respect for the front office

  6. Lee even said he’d take less money to stay in Philly but they say ifyhey wouldn’t have traded him they wouldn’t have halladay but I’m sure they couldve worked something out

  7. They really can’t afford Lee or Oswalt next season for that matter. 12 players (8 regulars minus Werth + Hamels, Halladay, Madson, Lidge, and Blanton) will make $130M next season.
    I think the only way they could keep Oswalt (or Werth for that matter) for 2011 is if they move Blanton and Ibanez….or decide to go way overbudget next season.

  8. Ruben is trying to get back to the playoffs this year. Getting Oswalt makes perfect sense. With the injuries we’ve had to this team we need another proven pitcher. The offense is clicking right now and getting Oswalt would give us the best 1-2-3 punch in the league. I don’t like losing Happ but who knows, he could be back here in 1 or 2 years. Houston isn’t going anywhere and will be sellers this time next year.

  9. Did Roy say he doesn’t want to play in Philly? You may be reporting hearsay. You don’t want to have the whole city against him Kyle. People were calling him a pussy on here.

  10. Trade Ruben…he’s an idiot. When I can run an organization (ie Eagles and Sixers) better then someone who gets paid millions, then we’ve got problems. Roy please block this trade from happening.

  11. OK, I miss Cliff too. But I think that simply staying cheap to bring him back in the off-season is too much of a unknown.
    I’m not saying that the Oswalt deal should go through, though. It it’ll be a mistake on top of a mistake with the Cliff Lee Debacle.
    I just can’t fathom why Phillies don’t like Happ. He’s younger, cheaper, and his arm is healthier than Oswalt’s back (unless they’re privy to something were not). His numbers are better than Oswalt’s, IMO. If Happ was healthy the whole season, I’d think he’d be the number 3 behind Doc and Cole, and ahead of Blanton and Kendrick (and Moyer).
    And since he really doesn’t want to be in Philly, one has to wonder if he’ll be a pain in the ass diva. he could even be a cancer for the clubhouse.
    Keep Happ, get through this season by looking somewhere else if they can… What is there now that the Angels snatched Haren? Yikes!

  12. It’s a good gamble. If they get to the postseason, with Halladay, Hamels, and Oswalt in the rotation, 6 of the 7 games in a 7 game series will be started by them. If a team is able to win 3 games vs that starting staff then tip your hat to them.
    I seem to remember a lot of pessimists last season when they traded for Lee or were talking about getting Halladay right before that. People didn’t want to part with the suspects/prospects and were wondering how good Lee really was. Obviously a bit more of a concern here since Oswalt does have some injury history, but with Houston picking up next year’s salary basically ($11M), it’s a no-brainer.
    Any GM of a contending team should be fired for NOT doing this deal. Happ is nice pitcher, but is he ever going to be 18-8 or whatever? I don’t see it. I see a 6-inning pitcher who will be 12-10 or whatever most years…basically Randy Wolf.

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