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Report: Phillies won't trade Cliff Lee

The Phillies will not trade pitcher Cliff Lee. (Sarah Glenn/Getty Images)

during a game against the  at Marlins Park on June 29, 2012 in Miami, Florida.

The Philadelphia Phillies will not trade pitcher Cliff Lee before next week's trade deadline, reports CBSSports.com's Jon Heyman.

Philadelphia has reportedly been looking to reshape its roster after a disappointing start to the season. The Phillies were expected to contend again this season, but the team is 45-54 and 14.5 games out of first in the NL East.

Lee would have been an attractive piece, but his contract guarantees him nearly $100 million through 2015, Heyman reports, which would have made him tougher to move.

Philadelphia recommitted to fellow starting pitcher Cole Hamels this week, signing him to a six-year, $144 million deal. By also holding on to Lee -- and presumably fellow starter Roy Halladay -- the Phillies will keep their highly acclaimed starting rotation together for the near future.