Roy Halladay-Cliff Lee Trade Finalized

3:27pm: Over at BlueJays.com, Blue Jays Alex Anthopoulos talked about the players the Jays received in the Halladay deal, as well as recent signing John Buck.  A few notes: Anthopoulos sees Wallace as a first baseman, and he has still has ongoing trade talks about other players.

1:48pm: The Mariners announced the trade in a press release, with GM Jack Zdruriencik congratulating the Phillies and Blue Jays on the way the deal was handled.  ESPN's Jayson Stark notes that the deal will be complete all-around once Bud Selig signs off on the $6MM going to the Phillies.  Elliott says an MRI on Wallace's shoulder cleared the Taylor part of the swap.

1:31pm: Jeff Blair of the Globe and Mail heard that the report of a failed physical is a "totally false rumour."  ESPN's Shannon Drayer tweets that the deal is official and Lee is a Mariner.  MLB.com's Todd Zolecki agrees, saying a Halladay press conference is set for 4pm CST.

12:38pm: Davidi passes along an AP report that has Phils GM Ruben Amaro Jr. saying he's hopeful the trade can be completed today but talks may go into Thursday.  Larry Stone of the Seattle Times doesn't expect the deal to unravel, and is hearing it's not a Mariners prospect who failed a physical.

11:47am: The three/four-way trade involving Roy Halladay and Cliff Lee is not yet official; here's our post yesterday for a refresher.  The latest bit of news kicking off today's post: Bob Elliott of the Toronto Sun tweets that he heard someone involved in the trade flunked their physical (one of the minor leaguers).  Shi Davidi of The Canadian Press says Phillippe Aumont passed.  There appears to be six other prospects involved in the deal, if you include the Michael Taylor–Brett Wallace component.  Drabek had Tommy John surgery in July of '07, while Aumont had elbow issues toward the end of the '08 season.

A recap of the expected deal:

• The Phillies get Roy Halladay, Phillippe Aumont, Tyson Gillies, Juan Ramirez, and $6MM.  The Phillies will give Halladay a three-year extension plus vesting options.
• The Mariners get Cliff Lee.
• The Blue Jays get Kyle Drabek, Brett Wallace, and Travis d'Arnaud.
• The A's get Michael Taylor.