On Friday, reports surfaced that in exchange for Phillips, the Reds would receive several minor league players from the Nationals. In order for the transaction to become official, Phillips would have to waive his no-trade clause, which the veteran did not, according to FOX Sports.
Phillips, 34, played in 148 games during the 2015 season, hitting .294 with 12 home runs and 70 RBIs. Over 14 seasons in the majors, Phillips has posted a .273 average and won four Gold Gloves, most recently in 2013 when he earned his latest All-Star nod.
Moving to Washington would have reunited Phillips with his former manager Dusty Baker, who was hired by the Nationals this off-season. Baker managed Phillips in Cincinnati from 2008 to 2013.
Phillips is currently under contract until 2017 and will be owed $13 million for the 2016 season.