Cliff Lee? Or Not?

Olney says yes (link insider only):

The Los Angeles Dodgers are among the teams mentioned as possibilities for left-hander Cliff Lee by ESPN Insider's Jim Bowden Monday. Bowden tweeted that the club could build a package around pitching prospects Zach Lee and Allen Webster.

The Phillies, however, seem determined to find a fix or two in their everyday lineup in any significant trades they make this month. They have been reportedly on the search for a long-term answer at third base, and the Dodgers don't appear to have that, so the Phillies would have to place the clearing of payroll and overall package value ahead of addresssing direct needs for the Dodgers to fit.

Lee's salary could be an obstacle for clubs interested, even the Dodgers and their new deep-pocketed ownership. The Phillies could, conceivably, offer to pay a portion of Lee's remaining salary but it's unclear as to whether or not the Phillies would be willing to commit to such a concept, and if so, to what extent.

Ken Rosenthal, on the other hand, says no:

Source: #Dodgers not in on Lee. Remaining dollars - $90M-plus for 3-plus seasons - too big even for them. #Yankees out for same reason.

So there you have it.