UPDATED, 10:00pm

So where are we at the end of a long day of reports--ours and others'-- flying across the World Wide Web about the Lee/Halladay stunner? Not quite there, it appears, but headed in the direction of a huge trade.

A baseball source told the Inquirer tonight that a deal was not totally done. There were several other indications that it was close. With a contract extension to be worked out, medical records to be reviewed, and three teams needing to make final decisions, it is no surpise that this is taking time. The names batted around as future Blue Jays in various reports were pitchers Kyle Drabek, outfielders Michael Taylor or Domonic Brown. CSNphilly.com had the first report of Drabek being included, which was later followed up on by the Toronto Sun.

Ruben Amaro did not respond to phone calls seeking comment today, and team president David Montgomery said he "could not comment." It is the Phillies' policy never to publicly address trade talks.

Keep this in mind: Even if the Phils lose Drabek in this deal, they would be surrendering less than the package requested in July of Drabek, Brown, J.A. Happ and Anthony Gose for Halladay.

Baseball America considers Drabek a potential no. 2 or 3 starter, and wouldn’t you give that up to get Halladay? We also know that both teams place a higher value on Brown than on Taylor—so if Taylor is a part of this deal instead of Brown, that is considered a discount from the July offer.

The AP reported today that Happ, Brown and Joe Blanton took physicals in Philly today, but there were no other indications that those players were involved.

This information is all tentative and speculative because a deal has not yet been finalized. There are indications that an official announcement could come within the next day or two. Until that time, anything can happen.