The Phillies acquired Roy Oswalt and $12 Million for JA Happ, Anthony Gose, and Jonathon Villar.
The $12 Million will cover more than half of Oswalt's salary for this season and the next. Oswalt then agreed to buyout his 2012 $16 Million option for $1 Million. Oswalt will provide the Phillies a former All-Star starter who has pitched nicely for Houston thus far. His line features a 3.42 ERA, with a 1.11 WHIP, and 120 K's in 129 innings pitched. According to ESPN that puts him on pace for a 3.42 ERA, with a 1.11 WHIP, and 192 K's in 207 innings pitched for this season. Oswalt should provide the Phillies a steady innings eater, who can also pitch out of trouble. A top 3 of Halladay, Hamels, and Oswalt gives the Phillies one of the best rotations in the big leagues.
Anthony Gose was then flipped to the Blue Jays for Brett Wallace so the Phillies get the possible luxury of not facing him when he reaches the Major Leagues every year. Gose is a speedy center fielder playing at the High A level, who was ranked sixth among the team's prospects by Baseball America heading into the season. He rates highly for his speed, defense, and arm tools, but remains a work in progress. The Blue Jays think he has Gold Glove potential, but we will see about that one.
JA Happ finished second in the NL Rookie of the Year voting last year with a 2.93 ERA in 166 innings. However, he's tallied only 53 pro innings in 2010 due to an April forearm injury. Happ won't go to arbitration until after the 2011 season and the Astros control his rights through 2014. Which makes him a nice cost effective starter who could benefit pitching at Minute Maid Park rather than Citzens Bank Park.
Jonathon Villiar is a shortstop in Low A ball, who was ranked 22nd among Phillies prospects heading into the season. The results haven't been there yet but scouts say he has "plus tools across the board except for power."
The Phillies caught a major break not having to give up more than one "premium minor league prospect", but they do take on money that will end all hopes at re-signing Jayson Werth this off-season. But the good news is that Werth will be a Type A free agent this off-season so he will give them draft picks, and that will only happen if the Phillies offer him arbitration as expected.
The Phillies are trusting their farm system, and a 32-year old workhorse in saving their season. It could or could not work for the Phillies, but for right now the grade comes in at a B.