From ESPN.com :
The Yankees will send the Phillies 20-year-old minor-league shortstop C.J. Henry — their No. 1 pick in 2005 — and 27-year-old left-handed reliever Matt Smith, in exchange for Bobby Abreu and Cory Lidle. The Phillies will also pick one other minor-league player from an agreed-upon list, while the Yankees will take on responsibility for Abreu and Lidle’s contracts. Abreu is owed $15 million for 2007 alone.
Abreu has a full no-trade clause in his contract and has the right to accept or reject the deal. In the past his agent has said any team trading for Abreu would have to pick up his $16 million option for 2008 to get him to waive the no-trade clause. However, Abreu himself recently has backed off that stance.
Abreu was pulled from the lineup prior to the first game of the Phillies’ twinbill with the Marlins.
Chase Utley’s 4th inning double in the above contest — Philly’s up, 5-2 — extended his hitting streak to 30 games.