Missing the playoffs the last three years has hurt ticket sales. A deep playoff run in October can help correct that problem, and having Cliff Lee in your rotation definitely improves your chances of winning a World Series.
He's lost some velocity on his fastball this year, and is still dominating. I'd take the gamble and offer the Phillies salary relief. He won't cripple the team financially, because a lot of their cheaper players are getting ready to assume larger roles. Iglesias, Middlebrooks, Nava, and Bradley will probably have starting jobs, and make the minimum. Lavarnway potentially could be our starting catcher. The rest of the team is pretty much locked up in 2014. The lone exception would be 1B, and maybe a few bullpen holes. If our cap is $189 million for 2014, I think we can afford to take Lee.