Long rumored to be on the move, Brandon Phillips is finally leaving Cincinnati. A source told ESPN's Buster Olney on Sunday that the Reds have agreed to a trade that will send the second baseman to the Atlanta Braves.

A source told ESPN's Jim Bowden that Phillips passed his physical Sunday and will retain his full no-trade rights, which he waived to approve the trade to Atlanta.

The Reds will receive left-handed pitcher Andrew McKirahan and right-hander Carlos Portuondo, sources told ESPN. McKirahan, 27, appeared in 27 games in relief for the Braves in 2015, posting a 5.93 ERA. Portuondo is a 29-year-old Cuban whose only American experience is 17 games between Class A and Triple-A last season.

The Chicago Cubs have acquired Eddie Butler and the bonus money for the No. 94 international signing slot from the Colorado Rockies in exchange for James Farris and bonus pool money for slot No. 28.

Slot No. 94 carries a $235,200 value, while slot No. 28 is worth $563,700.

Butler, a 2012 supplemental first-round pick, could be another option for Chicago's starting rotation. He has spent parts of the last three seasons with the Rockies, posting a 6-16 record and 6.50 ERA in 36 appearances (28 starts).