Here is the report straight from Fox Sports:
Updated Jul 9, 2010 5:47 PM ET
Cliff Lee is headed to the Texas Rangers.
As first reported by the New York Post, the Rangers landed the ace left-hander and relief pitcher Mark Lowe from the Mariners in exchange for first-baseman Justin Smoak, right-handed pitchers Blake Beavan and Josh Lueke, and second-baseman/outfielder Matt Lawson.
The Yankees had emerged as the front-runner earlier Friday before a proposed deal stalled due to the Mariners’ concerns over an ankle injury to one of the three players they would have received, Double-A second baseman David Adams, major-league sources said.
The Rangers, identified Thursday as the front-runner by one rival general manager, made another push that was successful. The Mariners had been scouting the Rangers' farm system.
Earlier Friday, the Mariners were set to accept a package of three prospects from the Yankees for Lee — Adams, Triple-A catcher Jesus Montero and Triple-A right-hander Zach McAllister, sources said.
Montero was the centerpiece of the deal. Adams was widely reported to be the second piece.
Lee, a 31-year-old left-hander, is 8-3 with a 2.34 ERA this season. He was scheduled to pitch against the Yankees in Seattle on Friday night.
Includes reporting from the New York Post.
So Nolan Ryan finally gets a stud starter to anchor his rotation. I'm not sure if the team will be able to retain Lee's services past this year since the ownership issue of the team is still up in the air. Basically, this makes Lee a hired gun that the Rangers will utilize in their attempt to win the American League West from the perennial division champions: The Los Angeles Angels of Anaheim. The plot out West thickens.