Phillies-Astros Agree on Oswalt Trade - Await Oswalt's Approval

Houston - Major League baseball sources told FOX 26 Sports the Houston Astros have a deal in place to trade pitcher Roy Oswalt to the Philadelphia Phillies if Oswalt agrees to waive his no-trade clause.

Sources told FOX 26 the Astros have approached Oswalt. He is aware of the deal that is on the table and the club is waiting for his response.

MLB sources told FOX 26 the Astros and Phillies have agreed on the amount of money Houston will take back in the deal and the two teams have agreed on the players Philadelphia will be sending.

Oswalt is owed about $5 million for the rest of this season.

He will make $16 million next season and his contract has a team option for 2012 worth $16 million with a $2 million buyout.

Oswalt asked the Astros earlier this season to try and trade him to a contender if it is in the best interest of the club.

He is scheduled to start for Houston against Milwaukee Friday at Minute Maid Park.

Oswalt is one win shy of tying Joe Niekro's all-time record for victories in an Astros uniform (144).

Astros Await Oswalt's OK on Trade to Phillies