Rosenthal speculates that the Phillies would rather have Halladay than Cliff Lee, since Halladay would be willing to sign a long-term deal now. He proposes the Phillies would need to involve a third team since the Jays would want younger players, not Lee.
So, how about a deal like this?
Cliff Lee to the Cubs, Sean Marshall, Jay Jackson and Ryan Flaherty to the Jays, Halladay to the Phillies.
Yes, I'm saying the Cubs could put together a package of players that could get Halladay. The point is Halladay wouldn't sign long-term with the Cubs, but would with the Phillies, so we turn that same package into Lee.
Maybe the package would include a few different players, but I don't think you'd have to give up any of the top few prospects in such a deal.