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Roy Oswalt to Philly done pending the pitcher’s approval

Posted by Dany Sloan On July - 29 - 2010

UPDATE: It appears as if Roy Oswalt has agreed to waive his no trade clause and head to Philly, according to ESPN’s Jayson Stark. The Phillies will send J.A. Happ and two prospects, rumored to be Vance Worley and Anthony Gose, to Houston and will get Oswalt and $10 million from the Astros.

More updates and reactions as news comes in.

According to a report from Fox 26 of Houston, the Astros have a deal in place to send Roy Oswalt to the Phillies. The deal hinges on the pitcher waiving his no-trade clause. Despite the rumors that he didn’t want to play in a tough media market, getting out of Houston and playing for a contender appears to be his top concern.

Philly and Houston have agreed on the amount of money Houston will take back in the deal and the two teams have agreed on the players Philadelphia will be sending. Oswalt is owed another $5 million this season and $16 million next year. He has a 2012 option for $16 million with a $2 million buyout, but it’s not confirmed as to whether the Phils will guarantee that.

J.A. Happ will likely be one of the players headed to the Astros. The other names involved in the deal are currently unclear, but if Ed Wade sticks to script, the Phils will hold onto their best prospects.

Oswalt’s next start for Houston is slated for Friday against the Brewers. He is is 6-12 with a 3.42 ERA in 129 innings with 120 strikeouts.

If this trade is approved, it will give the Phillies one hell of a 1-2-3 punch with Halladay, Hamels, and Oswalt through at least 2011. Stay tuned for more info.

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