UPDATE: Phillies acquire Michael Young from Rangers

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UPDATE: The deal is done, according to USA Today’s Bob Nightengale. Young, the Rangers’ all-time leader in hits and games played, has been traded to the Phillies.

Nightengale hears that Young agreed to the deal after receiving $1.2 million in benefits from the Rangers and a full no-trade clause from the Phillies. The Rangers agreed to pay about $10 million of Young’s $16 million salary for 2013, so it’s a relatively low-risk gamble for Philadelphia. Still, that’s a pretty old infield.

1:20 PM: Evan Grant of the Dallas Morning News reports that Young has “indicated a willingness” to accept a trade to the Phillies. However, the deal is not finalized because some of the financial aspects still need to be worked out.

Young is expected to get some form of compensation for waiving his full no-trade clause while MLB must approve the salary (more than $10 million, says Grant), being covered by the Rangers. But it sounds pretty close to being done. Grant hears that the Phillies will send reliever Josh Lindblom and prospect right-hander Lisalverto Bonilla to Texas.

10:28 AM: Michael Young has been taking his time to decide whether to waive his no-trade clause and accept a trade to the Phillies. But it appears that he has come to a decision.

T.R. Sullivan of MLB.com was told by industry sources that Young is expected to OK the deal and that the trade could go down as soon as today. The 36-year-old was expected to have a diminished role with the Rangers in 2013, so it makes for a pretty easy baseball decision, but Jeff Passan of Yahoo! Sports hears that the biggest consideration was his family.

Young batted .277/.312/.370 with eight home runs, 67 RBI and a career-low .682 OPS this past season and is expected to take over as the Phillies’ starting third baseman in 2013. The Rangers will reportedly cover at least half of Young’s remaining $16 million salary, as well as receive a reliever and prospect in return.

Yu Darvish lands on 10-day disabled list again with triceps tendinitis

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Bad news for the Cubs’ Yu Darvish: The right-hander is headed back to the disabled list with right triceps tendinitis, the team announced Saturday. It’s the second such assignment for Darvish this season, but the first time he’s been sidelined with arm issues. Neither the severity of his injury nor a concrete timeframe for his recovery has been revealed yet, but the move is retroactive to May 23 and will allow him to come off the DL by June 2, assuming all goes well.

Prior to the injury, Darvish went 1-3 in eight starts with a 4.95 ERA, 4.7 BB/9 and 11.0 SO/9 through 40 innings. Needless to say, these aren’t the kind of results the Cubs were hoping to see after inking the righty to a six-year, $126 million contract back in February, though the circumstances affecting his performances appear to have largely been out of his control. He missed a start in early May after coming down with the flu and has struggled to pitch beyond the fifth inning in five of his eight starts to date.

The Cubs recalled left-hander Randy Rosario from Triple-A Iowa in a corresponding move. Rosario has yet to amass more than five career innings in the majors, but has impressed at Triple-A so far this year: he maintained an 0.97 ERA, 2.8 BB/9 and 6.1 SO/9 through 19 1/3 innings in 2018. As for Darvish’s next scheduled turn in the rotation, Tyler Chatwood is lined up to take the mound when the Cubs face off against the Giants in the series finale on Sunday. A starter for Monday night’s game has yet to be determined.