Foundations of Finance

Cliff Lee and Ben Francisco are heading to the phillies for four prospective players. It could be official within 12-24 hours. Lee is expected to make his next start for philadelphia next friday. The Indians in turn will get pitchers Carlos Carrasco and Jason Knapp, and catchers Jason Donald and Lou Marson.
Cliff Lee is making 5.75 million in 2009. Ben Francisco is only making 421,400 this year. Many believe the Phillies are giving up ……on Cliff lee before next year even starts.  Others believe its an investment in the future to recieve Carrasco, Knapp, Donald and Marson. Cliff Lee will prove to free up some cash for the Indians for next year but majority rule that it is not a smart investment to lose such an asset to the team.