This whole thing is official now

UPDATED, 3:30

The Halladay portion of the deal is done.  All players and financial figures are as expected.

UPDATED, 2:59

The Phillies have officially announced the trade of Cliff Lee to Seattle for Phillippe Aumont, Tyson Gillies and Juan Ramirez.

UPDATED, 2:41

A source says that no Phillies prospect has failed a physical.  5pm press conference to make Roy Halladay a Phillie.

UPDATED, 2:03

A source with direct knowledge of the situation tells the Inquirer that an official announcement of this trade could still come today.  There were other indications that there has been no deal-breaking issue.

Larry Stone of the Seattle Times has tweeted that is is not a Mariners prospect.  If he is correct, that would make it a Phils prospect by default. You all know the potential questions about each player, and I'm not going to engage in premature speculation until I know more.

***

FYI, Bob Elliott, a respected baseball writer at the Toronto Sun, has tweeted the following: "We're hearing that someone involved in the trade has flunked their physical."

Elliott added in another tweet that it was a minor leaguer, not Cliff Lee or Roy Halladay.  As of 1:07pm, there have been no other reports of this.  We are working on checking this out, so stay tuned.  As of last night, the team expected to hold a press conference today officially introducing Halladay--but, of course, they considered that to be contingent upon all the physicals and reviews of medical records.