Source: Oswalt deal agreed upon

Updated: July 29, 2010, 1:47 PM ET
By Jayson Stark | ESPN.com

The Phillies and Astros have intensified talks in the past 24 hours about a trade that would send pitcher Roy Oswalt to Philadelphia, sources said.

The teams have agreed on which players will be exchanged, as well as the financial terms that will address the $23 million remaining on Oswalt's contract, according to a major league source with knowledge of the deal.

The Astros will pay $11 million of money remaining on Oswalt's contract through next year, according to a source. ...

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