After failing to find a trade destination for pitcher Cliff Lee, the Philadelphia Phillies have placed the left-handed starter on waivers, per a report from Yahoo! Sports via Philly.com.
By placing Lee on waivers, the Phillies are dangling the remaining $95 million of Lee’s contract to any that are willing to claim him. If so, the Phillies would then be able to rescind their waiver claim and negotiate a trade with the interested team or allow Lee to depart with nothing in return.
Both Lee and the Phillies have had a disappointing 2012 season to date. The Phillies are currently 47-57 and in dead last in the NL East, while Lee is only 2-6 with a 3.73 ERA in 18 starts. Last year in his first season with the Phillies, Lee had a record of 17-8 with a 2.40 ERA and led the NL with six shutouts. The Phillies signed Lee to a 5-year, $120 million contract in 2010. Given their down season, the Phillies have held a fire sale of sorts, trading both Shane Victorino to the Dodgers and Hunter Pence to the Giants before the trade deadline earlier this week.
For his career, Lee, 33, has a record of 121-75 in 272 games (268 starts) with an ERA of 3.65 and 1442 strikeouts in 1,767 innings pitched for the Indians, Phillies, Mariners and Rangers. He was originally drafted in the 4th round by the Expos in 2000.