By Mark Sheldon / MLB.com | 12/12/2013 12:25 A.M. ET
LAKE BUENA VISTA, Fla. -- The Reds and Yankees have held trade talks regarding All-Star second baseman Brandon Phillips, MLB.com confirmed via an industry source on Wednesday night.
Jon Heyman of CBSSports.com first reported that New York declined a trade offer for Phillips in exchange for outfielder and potential leadoff hitter Brett Gardner. Heyman also reported that Phillips asked for his contract to be re-opened to give him more money to agree to a trade.
An MLB.com source revealed the Yankees are one of the teams listed in Phillips' limited no-trade clause. The Reds would need his approval before they could deal him to the Yankees.
New York has a void at second base after losing out on re-signing Robinson Cano, who agreed to a 10-year contract with the Mariners. The Reds, who expect to lose free agent Shin-Soo Choo, are in need of a center fielder and leadoff hitter with a short-term contract that can let them take their time to develop prospect Billy Hamilton.
Gardner, who batted .273 with a .344 on-base percentage in 145 games last season, is third-year arbitration eligible and can become a free agent after the 2014 season.
Phillips, 32, has four years and $50 million remaining on his contract. In 2013, he batted .261 with 18 home runs, 103 RBIs and a .310 on-base percentage.
Reds general manager Walt Jocketty told Phillips last week he was not actively shopping him for a trade, but did also say he would look at opportunities if they're presented.
Mark Sheldon is a reporter for MLB.com. Read his blog, Mark My Word, and follow him on Twitter @m_sheldon. This story was not subject to the approval of Major League Baseball or its clubs.
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