We have been hearing these rumors for the past couple of week, but today reports say that it is a done deal. The only thing holding up the deal is that Roy Oswalt needs to sign off on it (rumor is the Atros will get J.A. Happ and two prospects). This could be a big hold up, as Oswalt wants the Phillies to pick up his $12MM option for 2012. The Phillies have been very hesitant to do this, so it will be interesting to see who (if any) caves.
The Phillies are currently 3 1/2 games behind Atlanta for 1st place in the NL East, and 2 1/2 games behind San Fran for the Wild Card. If they were able to get Oswalt I would put them as the favorite to win the NL East. The Phillies are known for the 2nd half runs, and a guy like Oswalt could really start them on a nice run.
If Oswalt doesn't agree to the trade rumors suggest that they will turn their attention to Carmona.
***UPDATE***
Oswalt plans to OK the deal, but it's not official yet, reports Stark. He adds that the Astros will be sending $11MM. Rosenthal tweets that Oswalt's 2012 option will not be exercised; he'll be compensated some other way. ESPN's Amy K. Nelson tweets that Oswalt will get $1MM added by the Phillies to the buyout of his '12 option. She adds that the details are being worked out now regarding Oswalt retaining his no-trade clause.
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