Two sources for the Inquirer report that Toronto Blue Jays ace Roy Halladay and his agent have checked into a Philadelphia hotel. [Link]
Hold on to your hats! According to reports, the Phillies and Blue Jays have graduated past the flirtation phase of a pact that would send Halladay to the Phillies in exchange for prospects, with the reported involvement of a third team, and possibility of World Series hero Cliff Lee being sent out of town to complete the three-way deal. If the reports are correct, Halladay's presence in Philadelphia signals the start of a negotiation process to extend the right-hander past this season. Halladay is set to become a free agent at the end of the year and is owed $16 million in 2010. The Phils and Jays have long been locked in discussions about Halladay, but reports of cash coming from Toronto and the inclusion of Lee in a deal are new developments, speculated in multiple reports. Lee is also set to become a free agent after the season and is said to be leaning toward testing the open market after the 2010 season. [FoxSports] [CSNPhilly]
Update: The Mariners are the third team and would possibly receive Cliff Lee in the three-way trade, according to Jon Heyman of SI.com.