Multiple sources now reporting, including Zolecki.
Lee was the 2008 AL Cy Young Award winner, going 22-3 with a 2.54 ERA. He's 7-9 this year, with a 3.14 ERA, and leads the AL with 152 innings pitched.
So much to like about this deal--for one thing, Lee's durability should protect the Phillies' hard-worked and injury-depleted bullpen from overexposure down the stretch, keeping them fresh for October. For another, he's going to be something like the third or fourth highest-paid pitcher on next year's team.
Francisco is a 27 year-old corner outfielder who likely will replace John Mayberry Jr. as a late-inning sub and right-handed bat off the bench. For this season, he's hitting .269/.383/.463 against lefties; that patience should fit in nicely with the Phils' offensive approach.