UPDATE #3: The deal is done and the Blue Jays will send minor league pitchers Jimmy Cordero and Alberto Tirado to Philadelphia in the deal, according to Jim Salisbury of CSN Philadelphia.
Cordero is a 23-year-old reliever who has spent the season at High-A Dunedin and Double-A New Hampshire in the Blue Jays' system this year. The right-hander has a 2.70 ERA and 1.20 WHIP in 50 innings and 32 appearances this season, walking 20 and striking out 46.
Tirado is a 20-year-old righty, who has been at Dunedin this season. He has made 31 appearances, pitching 61⅓ innings with a 3.23 ERA and 1.30 WHIP. He has walked 35 and struck out 61.
UPDATE #2: The deal is pending a review of medicals at this point, but is all but done, according to FOX Sports' Ken Rosenthal:
Confirming what others have reported: Revere deal between #Phillies and #BlueJays agreed upon. Teams just reviewing medicals.— Ken Rosenthal (@Ken_Rosenthal) July 31, 2015
UPDATE: MLB Daily Dish's Chris Cotillo reports that the deal is not yet official, and may not happen at all:
Multiple industry sources are questioning if Ben Revere has been dealt to the Blue Jays. Speculation is that a deal may not be done there.— Chris Cotillo (@ChrisCotillo) July 31, 2015
ORIGINAL: After trading for shortstop Troy Tulowitzki and pitcher David Price earlier in the week, the Toronto Blue Jays have acquired outfielder Ben Revere from the Philadelphia Phillies, according to Todd Zolecki of MLB.com.
The 27-year-old has played all three outfield spots for the Phillies this season, hitting .298/.334/.374 in 96 games and is fourth in the National League with 24 stolen bases, having been caught just five times.
Revere will slot in at the top of the Blue Jays' order after Toronto traded leadoff hitter Jose Reyes to Colorado in the Tulowitzki deal. Toronto has hit Tulowitzki leadoff in the two games since the trade, a spot he only hit in once during his career in Colorado.
Defensively, Revere will allow Toronto to move left fielder Chris Colabello, who has hit .312/.356/.483 with nine home runs in 234 at bats this season, to a designated hitter role, which is likely a better fit for him.