Report: Cliff Lee Rejoins Phillies

Cliff_LeeCliff Lee has spurned the New York Yankees again, agreeing instead to rejoin his former team, the Philadelphia Phillies, for $100 million, the Associated Press said in a report.

A source with knowledge of the deal told AP that Lee turned down the Yankees’ $150-million offer to form a fearsome-foursome pitching rotation in Philadelphia with Roy Halladay, Roy Oswalt, and Cole Hamels. Lee’s deal is reportedly for five years. For the deal to be finalized, the coveted left-hander must first pass a physical, the source said.

It would be Lee’s second tour of duty for the Phillies, who first acquired the 2008 AL Cy Young winner from the Cleveland Indians in a July 2009 trade. The Phillies traded Lee to the Seattle Mariners after the 2009 season in a deal that allowed Philadelphia to get Halladay.

Lee, easily this year’s prized free agent, received offers from several teams, with the Yankees, and the Texas Rangers, his last team, as frontrunners.