UPDATE: CBS Sports’ Jon Heyman reports that Phillips asked for an extension as a condition of approving the trade. It’s easy to see why that went nowhere.
1:49 p.m. ET: The deal was reported to be in limbo last night and now FOX Sports’ Ken Rosenthal hears that the Nationals are “moving on” from a potential trade with the Reds for second baseman Brandon Phillips.
It’s unclear what caused the deal to dissolve, but Phillips has full no-trade rights as a 10-and-5 player. He wanted some kind of financial compensation in order to sign off on the deal and apparently that hasn’t happened. Phillips, 34, is owed $37 million over the next two seasons.
The Nationals traded Yunel Escobar to the Angels this month and plan to have Danny Espinosa at shortstop and Anthony Rendon at third next season, so the club could turn to free agents like Howie Kendrick and Daniel Murphy or look for another trade partner.