Angels and M's have a nice race going in the AL West. Both teams could use another bat, especially up the middle.
Detroit & Cleveland also have a nice race going. Pair Phillips up the middle with Carlos Guillen, and slide Polanco over to the hot corner, and you're looking at a whole lot of offense in Detroit.
Mets & Braves have a close race in the AL East. 2b hasn't done much for the Mets this year. An IF of Wright, Reyes, Phillips and Delgado puts NY in the drivers seat in the NL.
Everyone except the Giants are still alive in the NL West. Giles hasn't given the Padres anything this year at 2b.
What makes Phillips so appealing to trade is what makes him so appealing to keep: he's a bat and a MI glove who is also very cheap. That means he's attractive to every team out there.
The question is whether anyone is willing to give up enough pitching to get him in the next 12 days.
If the Reds are going to compete any time this decade, they need a whole lotta pitching. Phillips might be the organization's best shot to address that need in a substantive manner.