Texas Rangers third baseman Michael Young waived his 10-and-5 rights and accepted a trade to the Philadelphia Phillies on Saturday, which would acquire league approval and Young passing a physical, reports the Dallas Morning News.
The Rangers will receive 25-year-old RHP Josh Lindblom and a minor leaguer, believed to be 22-year-old RHP Lisalverto Bonilla.
The Rangers must also still gain approval of MLB commissioner Bud Selig due to the large amount of cash (more than $10 million) the Rangers are sending Philadelphia. As with all deals, it would not be official until Young passes a physical for Philadelphia.
Young is set to make $16 million in 2013, the final season of a five-year, $80-million contract. The Rangers reportedly will pay $10-12 million of that salary. Young, 36, had spent his entire career with the Rangers where he hit .301 with 177 career home runs and 984 RBI.
Young agreed to the deal after getting the $1.2 million in benefits and getting full no-trade clause.—
Bob Nightengale (@BNightengale) December 08, 2012