Oswalt traded to Phillies

Baseball Betting Lines

07/29/2010 - Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies completed their trade for Roy Oswalt on Thursday, acquiring the pitcher from the Houston Astros.

The Phillies also received cash considerations, and sent pitcher J.A. Happ and two prospects -- outfielder Anthony Gose and infielder Jonathan Villar -- to Houston.

Oswalt will make his first Phillies start Friday in Washington.

Oswalt is owed approximately $5 million for the remainder of this season. He's due to make $16 million next season and there is a club option of $16 million in 2012 or a $2 million buyout.

The 32-year-old Oswalt, who has only pitched for Houston over his 10-year career, is 6-12 with a 3.42 ERA this season. He's lost his last two starts, but has received little run support from his team. In fact, the Astros have scored two runs or less each of the last six times he's pitched.

With 143 wins, Oswalt is one victory shy of matching Joe Niekro as the all- time leader in Astros franchise history.

The addition of Oswalt gives the surging Phillies a powerful 1-2-3 punch in the rotation, led by Roy Halladay and Cole Hamels. Additionally, the Phillies acquired a frontline starter for the second straight season, having traded for Cliff Lee last year.

Lee helped the Phillies reach the World Series for a second consecutive year in 2009, and Philadelphia is hoping Oswalt will help the club in its push to get back there this year.

The Phillies have won a season-best seven games in a row and were 3 1/2 games behind first-place Atlanta in the NL East standings following Wednesday's games. The Astros are well out of the playoff race at 42-59, and now lose the face of their rotation.

In return, Houston gets a young left-hander in Happ. The 27-year-old broke out in 2009, when he went 12-4 with a 2.93 earned run average in 35 games (23 starts). He had three complete games, two shutouts and finished second in the NL Rookie of the Year voting.

Happ has made only three starts this season, as he went on the disabled list in April with a left forearm strain. On Sunday, Happ made his first start since returning from the DL, and is 1-0 with a 1.76 ERA this year.

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