Philadelphia is expected to sign Halladay to a three-year, $60 million extension beyond the $15.75 million he will make in 2010 under his existing deal.
Halladay, 32, is 148-76 lifetime with a 3.43 ERA. He won the 2003 Cy Young Award and finished in the top five in the Cy Young voting four other times. Last season, Halladay went 17-10 with a 2.79 ERA with an MLB-best nine complete games in 32 starts for Toronto.
Lee, who was acquired from the Indians on July 29 for four minor leaguers, quickly became Philadelphia's ace. He went 4-0 with a 1.56 mark in five postseason outings, including 2-0 in the World Series.
According to The Associated Press, the commissioner's office granted a 72-hour window on Sunday for Toronto and Philadelphia to complete their trade.
Philadelphia could give up pitchers J.A. Happ, Joe Blanton and outfielder Dominic Brown as part of a deal. Those three players along with Halladay also took physicals in Philadelphia on Monday.
On the other hand, Jim Salisbury of CSNPhilly.com says that Phillies pitching propsect Kyle Drabek and other top propsects are in the deal but Brown will stay.
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