Phillies acquire Hunter Pence from Astros

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10:00 p.m EDT update: CSNPhilly.com’s Jim Salisbury confirms the deal, with the Phillies giving up Singleton, Cosart, pitching prospect Josh Reid and a fourth player still to be determined for Pence.

9:00 p.m. EDT update: Rosenthal reports that the Astros will get first baseman Jonathan Singleton, right-hander Jarred Cosart and two players to be named in return for Pence.  Rosenthal says the PTNBs will not be major prospects, which would seem to rule out May.

8:50 p.m. EDT update: Rosenthal is now reporting that the Phillies are close to a deal for Pence and that it’s expected to be completed tonight.  No word yet on the properties involved, but the Astros were believed to be asking for 1B Jonathan Singleton, RHP Jarred Cosart and RHP Trevor May.

7:42 p.m. EDT update: FOXSports.com’s Ken Rosenthal just tweeted that the Phillies and Astros are “progressing toward” a Pence deal. More as it comes in.

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Because we here at HardballTalk are all Phillies, all of the time.

SI.com’s Jon Heyman just tweeted that Hunter Pence is “very likely to be moved now” and that it appears the Phillies are favored, with the Indians, Red Sox and Reds also in the mix.

Meanwhile, FOXSports.com’s Jon Paul Morosi reports that the Phillies “remain active in talks” for San Diego’s available relievers, but that they prefer Mike Adams to Heath Bell.

Bell had already created one of the crazier rumors of the day, in which the Padres were supposedly asking for left-hander Derek Holland and top shortstop prospect Jurickson Profar in return for Bell.  We didn’t put much stock in that one, though.  The Rangers woudn’t give up Profar alone for Bell, and it’d be a surprise if they parted with Holland in such a trade.

Bell is also believed to be a target of the Cardinals.

We’ve gone over the Pence stuff time and time again, but it’s worth noting that ESPN’s Buster Olney recently reported that the Phillies have no intention of parting with Domonic Brown in a Pence trade, whether it’s a two- or a three-team deal.

The Astros, who reportedly aren’t as high on Brown as some, are believed to have asked for the Phillies’ best position prospect (Jonathan Singleton) and their two best pitching prospects (Jarred Cosart and Trevor May) in a Pence deal.

Update: ESPN’s Jayson Stark has multiple sources telling him that there’s no more talk of a three-team deal that would bring Pence to Philadelphia.  If it happens, it’ll just be the two teams.

Dodgers designate Sergio Romo for assignment

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The Dodgers announced on Thursday that the club activated pitcher Grant Dayton from the 10-day disabled list and designated pitcher Sergio Romo for assignment.

Dayton, 29, went on the disabled list earlier this month with neck stiffness. He’ll resume with a 3.63 ERA and a 20/12 K/BB ratio in 22 1/3 innings.

Romo, 34, signed a one-year, $3 million deal with the Dodgers in February. It didn’t really work out, as the right-hander posted a 6.12 ERA with a 31/12 K/BB ratio in 25 innings. His peripherals are still decent, so it wouldn’t be surprising if a team in need of a bullpen arm makes a deal with the Dodgers within the week.

Nate Karns underwent season-ending surgery for thoracic outlet syndrome

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MLB.com’s Jeffrey Flanagan reports that Royals pitcher Nate Karns underwent surgery for thoracic outlet syndrome on Wednesday. He’s expected to be ready for spring training next year. Karns went on the disabled list in May with an elbow injury and didn’t make much progress.

The Royals acquired Karns from the Mariners in January in exchange for outfielder Jarrod Dyson. Over eight starts and one relief appearance, the 29-year-old right-hander compiled a 4.17 ERA and a 51/13 K/BB ratio in 45 1/3 innings.

Karns will enter his first of three years of arbitration eligibility after the season, so he’ll be under the Royals’ control through 2020.