Jon Heyman of CBS Sports reports that the Giants have acquired Hunter Pence from the Phillies while Tim Brown of Yahoo! Sports reports that the Phillies have traded outfielder Shane Victorino to the Dodgers for right-handers Josh Lindblom and Ethan Martin.

Two major deals and the Phillies might not be done just yet.

In dealing Victorino, the Phillies get back a good bullpen arm in Lindblom.  The 25-year-old right-hander has a 3.02 ERA and 43/18 K/BB ratio over 47 2/3 innings of relief this season.  Martin was the Dodgers first-round pick in 2008 and has maybe the highest ceiling among Dodgers pitching prospects.

Overall, reports are that the Phillies did pretty well in the deal for Victorino.

Tommy Joseph is headed to the Phillies as part of the Hunter Pence deal, according to CBS Sports' Danny Knobler.  He was the Giants' second-round pick in 2009 and is currently playing at the Double-A level.  He played in the Futures Game this season and just turned 21.  Pegged as San Francisco's fifth-best prospect by MLB.com, Joseph hit .260 with 8 HR and 38 RBI at Richmond prior to the proposed deal.

He could eventually replace Carlos Ruiz as the Phillies catcher after the 2013 season.

 

(More to come...)