All-Star pitcher Roy Halladay, who has been a regular subject of trade talk since before last July's deadline, is headed to the Philadelphia Phillies, SI.com is reporting.
According to the report, Phillies pitcher Cliff Lee is likely headed to the Seattle Mariners as part of a three-team trade.
Halladay was entering the final year of his Toronto contract.
The Phillies tried to acquire Halladay last season, but couldn't agree to terms with the Toronto Blue Jays. They then dealt for Lee instead.
Halladay, 32, is 148-76 lifetime with a 3.43 ERA. He won the 2003 Cy Young Award and finished in the top five in the Cy Young voting four other times.
Halladay went 17-10 with a 2.79 ERA in 32 starts for Toronto last season. He threw 239 innings and led the league with nine complete games.
Lee, who was acquired from the Indians on July 29 for four minor leaguers, quickly became Philadelphia's ace. Lee posted a 3.39 ERA in 12 starts for the Phillies and then went 4-0 with a 1.56 mark in five postseason outings, including 2-0 in the World Series.
Lee, the 2008 AL Cy Young winner with Cleveland, will make $8 million in 2010 and then be eligible for free agency.
Information from The Associated Press contributed to this report.