Today's biggest story is surprisingly not Roy Halladay, for once. Instead, it is likely Cleveland Indians starter Cliff Lee.
The buzz around the league is that the Blue Jays are asking way too much for Halladay, so teams are looking at Lee as a much cheaper alternative. Teams interested include the Philadelphia Phillies, Milwaukee Brewers, New York Yankees, Texas Rangers, Los Angeles Dodgers, and LA Angels.
The Blue Jays may have to lower their asking price if they want to get rid of Halladay.
The San Diego Padres have openly admitted that teams are going to have to overpay if they want to trade for Adrian Gonzalez or Heath Bell.
Houston Astros GM Ed Wade repeated today that it is unlikely that the Astros will make a move before the deadline.
There is some buzz today around the league that the Indians and Dodgers are considering a deal that would send Cliff Lee and Victor Martinez to the Dodgers for James Loney and prospects. A deal seems far from done, but this is certainly something to think about.
UPDATE, 9:23 PM: There are now rumors surfacing of a possible deal for Jarrod Washburn between the Brewers and Mariners.
Please also visit Monday, July 27 version: http://bleacherreport.com/articles/225270-mlb-trade-rumors-roundup-july-27