Report: Papelbon will only waive no-trade clause if he will be closer

Phillies pitcher Jonathan Papelbon has told the team he will only waive his no-trade clause if he will be the closer on his new team.

Phillies closer Jonathan Papelbon is one of the best relief pitchers available at the trade deadline, but his limited no-trade clause makes it more difficult for the Phillies to move him. 

According to Joel Sherman of the New York Post, Papelbon has told the Phillies he will only waive his no-trade clause if he will be the closer on his new team.

More: Which National League teams are buying or selling ahead of deadline?​

Papelbon, 33, has 25 saves this season and a 1.83 ERA in 44 appearances. He has blown just three save opportunities.

The Phillies are in last place in the NL East with a 46-59 record through July 27.

More: Ruben Amaro says Phillies will not release Ryan Howard​

Speculation that the Phillies might try to move Papelbon began as early as last winter. 

Papelbon is making $13 million this season and is due to make the same next season. He has a vesting option for 2016 worth another $13 million.

- Dan Gartland