FOX Sports: Phillies Put Lee On Waivers - Philadelphia News, Weather and Sports from WTXF FOX 29

FOX Sports: Phillies Put Lee On Waivers

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PHILADELPHIA -

After two huge trades, are the Phillies making more moves?

The ballclub has put one of its ace starting pitchers, Cliff Lee, on waivers, FOX Sports confirms.

The move is procedural in that, for any trade to be completed beyond Tuesday's deadline, the players in the deal must first clear the waiver wire.

If a claim is put in, the original team has the option of pulling its player back.

Of course, if they do not cancel the waiver, the team holding the waiver claim must assume that player's existing contract.

That's why players still owed big money for the remainder of the season or even future years often get passed over on the waiver wire in August.

Teams with playoff hopes may be willing to acquire those players and pay their contracts, but those that are out of contention usually won't add payroll.

As FOX Sports' Ken Rosenthal tweeted Thursday afternoon on Twitter, "Remember, virtually every player will be placed on waivers this month as a matter of procedure.

He added that Lee is owed $87.5 million on his contract from 2013 to 2015.

Rosenthal adds that the Dodgers "may be the only team that would even consider claiming Lee, daring the Phillies to dump $."

The network's senior baseball writer asserted, however, that Lee would not be worth that as a free agent now.

Ahead of Tuesday's trade deadline, the Phillies traded centerfielder Shane Victorino to the Los Angeles Dodgers and Hunter pence to the San Francisco Giants. The move was to pare down salary for the 2012 season and get below a luxury tax.

Had the team been above the luxury tax salary limit, they would have had to pay an extra fee for 2012. And the percentage of that fee can grow in consecutive years that a team remains above the threshold.

FOX 29 Sports Director Tom Sredenschek will have more on the Phillies' move on the FOX 29 News at 5 and 6.

WATCH LIVE ONLINE: FOX 29 News At 5 & 6

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