Phillies starter Cole Hamels, one of the top targets on the trade market, has reportedly been traded to the Rangers as part of an eight-player and cash deal between the teams, per multiple sources.  

Hamels, who is coming off a no-hitter last Sunday, is 6-7 with a 3.64 ERA in 20 starts this season, but the left-hander is considered to be one of the top pitchers in the game, compiling 114 wins in his 10-year career, all with Philadelphia. In addition to Hamels, the Rangers also receive reliever Jake Diekman. 

The rebuilding Phillies get a large haul of young talent, including lefty starter Matt Harrison, top catching prospect Jorge Alfaro, outfielder Nick Williams and pitchers Alec Asher, Jerad Eickhoff and Jake Thompson. 

The trade has not been officially announced by either team.