The Fake Reds finally free up some cash, as the deep pockets of the Dodgers take 2B Brandon Phillips off our hands. It's not that we wouldn't want to keep BP, or even think we can do better than him (especially with Cano off the board), but freeing up that cash allows us to further address losing Choo.
In return, the Reds pick up RHP Zach Lee from the Dodgers. Lee is a guy usually in the 40-50 range as far as prospects go, and that'll give us a little more flexibility on the pitching staff, especially with Homer about to get paid after next season. Also, it's not everyday you get even a useful prospect from a salary dump, and we've got that and more in Lee.