Young agreed to waive his no-trade clause on Saturday, the person said, speaking on condition of anonymity because the deal hasn't been announced. The Phillies are sending right-hander Josh Lindblom and minor league righty Lisalverto Bonilla to the Rangers to get Young, who fills a void at third base. The Rangers also will pay a significant portion of Young's salary for 2013. Young is due to earn $16 million. Reports say the Phillies will pay him about $6 million.
Young batted .277 with eight homers and 67 RBIs in 2012, a down year for him. In the nine previous seasons, Young hit at least .300 seven times and averaged 17 homers and 90 RBIs. A former AL Gold Glove winner at shortstop, Young hasn't play third base regularly since 2010. Seven Phillies started at third base last year, including often-injured former All-Star Placido Polanco.