Oswalt deal needs only his approval
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The Phillies and Astros have a deal in place that would send Houston ace Roy Oswalt to Philadelphia. Now it just needs the pitcher’s approval.
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The deal is still not done though indications were favorable Thursday, sources told FOXSports.com's Ken Rosenthal. Details remain to work through.
FOXSports.com confirmed Wednesday that the two teams agreed to a deal, which was first reported by Fox 26 in Houston. According to a source, the Phillies will send J.A. Happ and two other players to the Astros in exchange for Oswalt, if the pitcher approves the deal.
The Astros will assume a "very significant" part of Oswalt's remaining salary, which is more than $23 million.
Now it’s up to Oswalt to waive his no-trade clause. The Astros approached Oswalt (6-12, 3.42 ERA, 120 strikeouts in 129 innings) and were awaiting his reply Wednesday night, FOX 26 said. Sources indicated Thursday that Oswalt would be compensated in some other way if he waives the clause.
Risky business
Not all trades benefit both sides. Check out the 10 worst deadline trades in MLB history.When contacted by MLB.com late Wednesday, Astros general manager Ed Wade declined to comment.
Oswalt is owed $5 million for the remainder of this season and his salary for 2011 is $12 million. The Phillies would not exercise his 2012 club option in the event of a trade, Rosenthal reported Thursday.
Oswalt is a three-time All-Star and has finished in the top five of the National League MVP voting five times in 10 career seasons, all with the Astros. The two-time 20-game winner is having his worst season record-wise at 6-12. His 3.42 ERA was 18th in the National League at the start of Thursday's play.
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