Philadelphia is only paying $6 million of Young's $16 million salary in 2013, with the rest being picked up by the Rangers. The Phillies will reinstate the former All Star's no-trade clause.
The move was hard for Rangers manager Ron Washington to deal with: "if there was crying in baseball, I'd cry," Washington told media members during a conference call Sunday.
Young had played for the Rangers for all of his 13 seasons in the big leagues. For years, Young has been rumored to be part of possible trades but, in the end, he always stayed with Texas.
In Sunday's conference call, Rangers general manager Jon Daniels said Young was willing to compete for at bats, but the organization couldn't promise any for the veteran.