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The Angels Fall Short On Lackey and Halladay

The Los Angeles Angels of Anaheim free agent pitcher John Lackey, above, is reportedly headed to the Boston Red Sox after signing a five-year deal worth $85 million.

That means the Angels will be without both Lackey and Chone Figgins, who was also a free agent and departed for a four-year deal worth $36 million with the Seattle Mariners.

The Mariners were also just involved in a three-way trade with the Toronto Blue Jays and the Philadelphia Phillies.

The Phillies have reportedly traded for the Blue Jays' ace Roy Halladay. He will receive the remaining $15.75 million in his contract for 2010, and the Phillies will sign him to a three-year, $60 million contract extension.

The Phillies are trading away Cliff Lee to Seattle. The Mariners are having a market boom with having signed Figgins and now landing Lee. All other players' names involved in the three-way trade have yet to be revealed.

On a brighter note, the Angels have signed 2009 World Series MVP Hideki Matsui to a one-year, $6.5 million contract, giving them a DH for their lineup.  This, however, probably means that the Angels will cease their pursuit of Jason Bay, and they have already openly said that they're not interested in Matt Holliday.

Read more MLB news on BleacherReport.com

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