The Philadelphia Phillies acquired seven-time All-Star infielder Michael Young from the Texas Rangers on Saturday after Young officially waived his no-trade clause, two persons directly involved in the negotiations told USA TODAY Sports.

The Rangers agreed to pay about $10 million of Young’s $16 million salary, according to one Rangers official. They will receive reliever Josh Lindblom and minor league pitcher Lisalverto Bonilla.

Young, who deliberated for days before accepting the deal, agreed to go to Philadelphia when he was promised to be the everyday third baseman while also receiving $1.2 million in benefits, a person with direct knowledge said. Young also will receive a full no-trade clause. Young, whose contract expires after the 2013 season, did not ask for an extension.

Young, 36, who has spent his entire 12-year major-league career with the Rangers, is the Rangers’ all-time hits’ leader. He also has played in more games than any player in Rangers’ history.

The Phillies have used the trade market to fill holes in center field and third base at a relatively cheap cost. They dealt for Minnesota Twins center fielder Ben Revere, who should make about $550,000 in 2013. Their center fielder and third baseman last season (Shane Victorino and Placido Polanco) made a combined $16 million in 2012.

Young, who could also be used as a backup at second base, first and shortstop, was used primarily as the Rangers’ DH last year. He had his worst offensive year since .2002, hitting .277 with eight homers and 67 RBI.

It’s hard not to like the team making the move, especially getting the guy at a relatively small cost, but there’s no doubt the he’s on the downslide. Maybe it’s just my ignorance but should the Phillies really be looking to get older right now, or is this a signal of Ruben going for broke with an aging team? Either way, again, it’s hard to not love the team filling another big hole with a proven guy who can play numerous positions for so cheap. But with an old guy on the last year of his contract you just know we’ll be right back here looking for another third basemen this time next year.

There are maybe a few extra dollars left for spending. Wonder if things get more interesting soon.