Wedge and his coaches will finish the final six games of the season, including today’s doubleheader against the Chicago White Sox, the final home games of the season. The Indians play a four-game series in Boston this weekend.

Wedge is in his seventh year as manager. The Indians are 64-92 and in fourth place in the AL Central. They have lost 20 of their last 25 games.

Wedge ranks fifth among Tribe managers with 560 victories.

Although it wasn’t his fault that his players were made of chandelier glass and could never stay healthy, it’s kind of hard to argue the firing of Wedge.

The Tribe were set up to win long-term after they were one win away from making a World Series appearance in 2007, but the last two years the club fell apart under Wedge. It’s amazing to think that Cleveland has to rebuild again after spending 2002 to 2006 building what seemed to be a roster that could compete for the long haul.

It’s getting down to pennant race times and there are some incredibly tight races and a lot of teams that are at least in contention. Here we’ll take a look at who we think the Top 5 teams are right now and who the Bottom 5 are as well.

Top 5

1. New York Yankees (73-43)—Not only did the Yankees sweep the rival Red Sox last weekend and make quite a statement, they’ve won 10 of 11 and are 22-6 (.786) since the all-star break. That is just scorching.

2. Los Angeles Angels (68-45)—You have to feel for the surging Rangers and even the Mariners, because neither one is going to catch this fundamentally sound team. If Mike Scioscia isn’t the best manager in baseball, he’s surely the most underrated.

3. St. Louis Cardinals (65-52)—The Cards grabbed Matt Holliday before anyone else could and he’s batting .493 with a slugging percentage of .813 in his first 75 at-bats with St. Louis. Pujols/Holliday has got to be the most fearsome 3-4 tandem in baseball.

4. Los Angeles Dodgers (69-47)—The Dodgers hung on without Manny for a few months, and then cooled off when he returned. They’ve lost 7 of 11 but still lead their division by 5 games and are 32-14 against NL West opponents.

5. Philadelphia Phillies (65-48)—Suddenly with Cliff Lee and Pedro Martinez, and Jimmy Rollins finally finding his stroke, the defending champs are poised to make another run deep into October and possibly November.

Bottom 5

1. Washington Nationals (41-75)—They recently won eight in a row but still trail the Phillies by 25.5 games and the fourth place Mets by 13.5. So yeah, they’re still the worst team in baseball.

2. Pittsburgh Pirates (46-69)—The Pirates actually looked half decent early in the season, but they did what they always do in July—made a whole bunch of trades and pretty much surrendered the season as well as the next three seasons, as they’ve lost 11 of their last 13 games.

3. Kansas City Royals (45-70)—Remember the Royals were 14-12 and everyone started talking about this team being decent for the first time in two-plus decades? We remember, but then they remembered that they were the Royals.

4. Baltimore Orioles (48-67)—This team has some great young players like Adam Jones and Matt Wieters and Nick Markakis, but playing in that division is almost unfair.

5. Cleveland Indians (49-66)—Once again, the Indians have disappointed and started selling off players. Cliff Lee, like CC Sabathia last year, is the reigning AL Cy Young winner, and the Tribe also dumped popular catcher Victor Martinez and infielder Ryan Garko. Next year sure has a familiar ring on Lake Erie.

In an interview with AP sports writer Tom Withers, Indians owner Paul Dolan revealed that the club will lose $16 million this season. Dolan also admitted that the recent trades of Cy Young winner Cliff Lee and popular catcher Victor Martinez were necessary long-term moves in order to move the franchise in a new direction.

“Every four or five years, if we can have a shot at the World Series and compete for the playoffs like we did in ‘05, that’s as good as it gets,” Dolan said.

In a candid interview Thursday, Dolan projected that the Indians, currently in fourth place in the AL Central, will lose $16 million this season despite revenue-sharing from major league baseball. The Indians will need to borrow money over the next few years, Dolan said, but the club has no plans to ask the league for the loans.

“After we traded Cliff, we had made a commitment toward a new direction for the franchise,” he said. “At that point, you don’t go halfway. We needed to make moves that put us in the best position to compete as soon as possible. The sense was in our organization that Vic (Martinez) was at his highest value and what we got back in return put us in a better position than we would have been had we kept them.”

I’m sure Tribe fans will be excited to know that their favorite team is essentially trying to compete for the World Series and playoffs “every four or five years” when the Red Sox are competing for a World Series every year. Then again, not everybody can spend like the Red Sox and of course to a more extreme extent, the Yankees.

It’s easy to see what the Indians are trying to do in re-stocking their farm in hopes that they can compete down the road, but it must be a deflating feeling to be a Tribe fan right now, knowing that your team just gave up on immediate success. After all, this team was on the brink of a World Series appearance just two seasons ago (2007).

According to a report by Henry Schulman of the San Francisco Chronicle, the Indians wanted quite the haul from the Giants if they were to have acquired catcher Victor Martinez, who eventually wound up being traded to the Red Sox.

Sources said the Indians wanted a package led by either Matt Cain or Madison Bumgarner for Martinez, and the Giants are happy with a righty-lefty first base combo of Ryan Garko and Travis Ishikawa.

This report might not be true (after all, Schulman didn’t site his sources), but if it is, Cleveland GM Mark Shapiro had to have been hammered when he took the call from San Francisco GM Brian Sabean about V-Mart:

“Uh yeah, Mark? This is Brian Sabean from the Giants.”

“What can Brain I do for you Giants?”

“What? Is this Mark Shapiro from the Indians?”

“Yes siiiiiiiirrrrrrrrrrrrrr! Word up, man?”

“Uh yeah…hey listen Mark, I was wondering what kind of package you’d be looking for in a deal for Victor Martinez.”

“Matt Cain.”

“Matt Cain?”

“Matt Cain.”

“Are you drunk? Martinez is a good hitter, but he’s struggled this past month and he’s 30. Cain is only 24 and is a legit Cy Young candidate.”

“Fiiiiiiine…whatever, douche. Give me Madison Bumgarner then.”

“He’s our top pitching prospect! Seriously Mark, are you freaking sauced right now? And did you just call me a douche?”

“Tim Lincecum, Pablo Sandoval and Jonathan Sanchez….Sanchez can be the throw in.”

“Sober up, Mark.”

The Red Sox had their sites set on possibly acquiring Padres’ slugger Adrian Gonzalez at the start of the day on Friday, but wound up trading for Indians’ catcher Victor Martinez instead.

In a completely separate deal, Boston also swapped first baseman with the Braves, acquiring Casey Kotchman for Adam LaRoche.

In this trade, the Tribe will receive right-hander Justin Masterson and minor league pitchers Nick Hagadone and Bryan Price. Masterson was Boston’s second-round pick in 2006, going 3-3 with a 4.50 ERA in 31 appearances including six starts this season. He also went 6-5 with a 3.16 ERA in 36 games last year after being called up from the minors.

Hagadone was drafted No. 55 overall by the Sox in ’07 and missed most of the ’08 season after having Tommy John surgery. Price was the No. 45 overall pick in ’08 and has struggled thus far in the minors.

For Boston not to have to give up Clay Buchholz in trade for V-Mart was huge. Martinez is a nice upgrade and adds pop to a Red Sox lineup that desperately needs it, but Boston would have overpaid in a deal involving Buchholz. Now with Martinez and Kotchman, they have options to play with regarding both their lineup and defense, where V-Mart will likely split time at both catcher and first base.

As for Cleveland, it’s hard to determine if they got good value in this deal or not – and we may not know that answer for a couple of years, just like we won’t know if they got good value in the Cliff Lee trade.

Pundits seem to like Masterson, but he seems to struggling against left-handers and really only has two pitches. Hagadone is a hard throwing reliever who could blow through the minors but he’s also coming off of Tommy John surgery and will likely start off in Double-A next year. Price is only 22, but he has struggled so far in the minors.

So if you’re an Indians fan, you’ve got to be in flux right now. Your team traded away its best pitcher and its most popular position player outside of Grady Sizemore, but got a slew of prospects that may or may not develop. You’re club is building hope for the future, but the future may be three or four more years away and who’s to say that once all of this pitching develops that you might not have any hitting at that time? Then you’re just the San Francisco Giants of the American League.

Every Tribe fan across the nation must be sighing right now and saying to themselves, “We’ll see.”

By the way, it’s Victor Martinez bobble head night in Cleveland tomorrow. Whoops…

According to a report by ESPN.com, a deal between the Phillies and Indians involving ace Cliff Lee is “heating up.”

According to sources who have spoken with officials of both clubs, they’ve discussed a variety of packages for Lee. One potential package is believed to include Carrasco, a top position-player prospect yet to be determined and two hard-throwing Class A pitchers, Jason Knapp and Trevor May.

Asked if he believed the Phillies could make a trade for Lee without including Kyle Drabek, whom Toronto has insisted upon in any deal for Halladay, one source replied: “If they were going to [trade] Drabek, they might as well do the deal for Halladay.”

Phillies officials have continued to tell other clubs they believe they can make a deal for Lee without giving up either their top pitching prospect, Drabek, or their top position-player prospect, outfielder Dominic Brown.

I couldn’t see the Tribe giving up Lee (whose contract is manageable through 2010) without getting back Drabek in return. But if Philadelphia could swing a deal for Lee that didn’t include Drabek (or Brown for that matter), that would be an impressive feat.

Lee isn’t Halladay, but there’s no doubt that he would dramatically improve the Phillies’ starting rotation and give them the arms needed to make another run at a World Series. A rotation of Lee, Cole Hamels, J.A. Happ and either Joe Blanton or Jamie Moyer would be tough to contend with in the NL come playoff time.

What’s interesting to me is that Cleveland GM Mark Shapiro seemed dead set against trading Lee only a couple weeks ago and now it almost seems certain that the ace will be dealt by Friday. Granted, Shapiro (along with every other MLB GM) was probably just throwing out smokescreens, but the reports seemed genuine that Lee wasn’t going to be moved this year.

Update: The Phillies have made an official offer for Lee according to FOXSports.com. Apparently the deal on the table is for single-A right-hander Jason Knapp, Triple-A right-hander Carlos Carrasco, shortstop Jason Donald and catcher Lou Marson. Your move, Tribe…

Feel free to whip out your crystal ball in the comments section but before you do, please do everyone a favor and take off your favorite team prescribed glasses and be objective for once in your life, will ya?

1. The Blue Jays will trade Halladay…to the Phillies.
Toronto GM J.P. Ricciardi is reminding everyone who will listen that he doesn’t absolutely need to trade Roy Halladay – which he doesn’t. But the bottom line is that he’ll probably get more in return for the “Doc” this season than he would next when Halladay is set to become a free agent after the 2010 season. And despite Ricciardi stating that he’s open to trading Halladay within the division, he’s not stupid. He’s not going to trade Halladay to the Red Sox or Yankees and risk becoming public enemy No. 1 in the eyes of Jays fans for not only getting rid of their best and most popular player, but also trading him to a division rival in the process. In the end, I think Ricciardi will trade Halladay to an NL team and my guess is that it will be Philadelphia that will eventually puts a package together to acquire him. Although they might balk at the $7 million that’s remaining on Halladay’s contract, the Phillies are built to win now and need more starting pitching to make another run at a World Series. They also have enough appealing prospects to entice Ricciardi to make a deal.

2. The Dodgers won’t win the NL Pennant.
The Dodgers are the best team in baseball and I’m not afraid to put that in writing (which I did here). But something tells me that while they’re almost a shoe-in to in the NL West and probably go to the NLCS, they won’t be heading to the World Series. Chad Billingsley had a great first half, but he’s starting to look more human with every outing and while Clayton Kershaw is a phenomenal young pitcher, the back of L.A.’s starting rotation is very beatable. Of course, their lineup is outstanding and can certainly compete against anyone in the NL. But this team kind of reminds me of the 2008 Angels and Cubs. Neither team suffered any slumps throughout the season and essentially was on cruise control in the second half. When they got to the postseason and the games were all tight, neither team responded well. Will the same thing happen to the Dodgers? Again, this is more of a hunch than anything and I wouldn’t blame the Dodger faithful (or anyone for that matter) for eating my soul and preaching how wrong I’ll be. But I just think that this club could get overly content and even if they don’t, their pitching might still fail them in the end.

3. The Cubs will make a run in the second half.
Two things led to the Cubs’ lackluster first half: Injuries and a lack of offense – and one may have had an effect on the other. Losing Aramis Ramirez for a huge chunk of the first half due to a shoulder injury took a significant bat out of Chicago’s lineup. But now that he’s back and guys like Kosuke Fukudome and Alfonso Soriano are starting to heat up again, the Cubs should see a rise in run production. Derrek Lee has also been solid and young players like Jake Fox have contributed as well. If Geovany Soto (DL) can get his act together, the Cubs could put pressure on the Cardinals in the NL Central. I’m not saying that Chicago will win their division and make the postseason, but considering that their starting pitching was a major strength in the first half, I wouldn’t count this club out. Of course, the back end of the bullpen is still a serious question mark and Fukudome and Soriano could start slumping again at a moment’s notice, but keep an eye on this team.

4. Billy Beane will have to accept a lesser package to move Holliday.
Let’s call it like it is: Trading for Holliday last winter has proved to be a dud for the A’s. Not only has he not contributed much to Oakland’s offense, but the A’s are also currently 14 games back of the Angels in AL West and now GM Billy Beane has to find a trade suitor for the left fielder, who becomes a free agent at the end of the year. Holliday isn’t going to re-up with the A’s after the season and considering he’s hitting below .280 with only nine home runs, Beane probably won’t get the haul he normally does in trades. If Beane wants to move Holliday (and his contract) before the deadline, then he’s probably going to have to accept a deal that won’t net him a top prospect in return. Granted, the GM isn’t going to just give Holliday away, but if he thinks that he’s going to get two top prospects (and a couple of promising mid-round prospects) for the struggling left fielder, then he’s probably in for a wake up call.

5. The Cardinals will find their protection for Pujols…in Ryan Ludwick.
Many pundits feel as though St. Louis will eventually make a move for Matt Holliday to ensure that Albert Pujols gets the protection he deserves in the lineup. But if they wind up standing pat around the trade deadline, don’t look too far for who could eventually fill the role batting behind the phenomenal Pujols. Ryan Ludwick is only hitting .265 as of this writing, but he’s starting to heat up after slumping since coming off the DL with a hamstring injury in mid May. He hit two home runs on the last day of the first half (he now has 15 dingers on the year) and is hitting .409 (18 for 44) in his last 44 at bats. Acquiring Holliday would be great, but don’t discount Ludwick’s potential to bat cleanup for the Cardinals either.

6. Cliff Lee and Victor Martinez aren’t going anywhere.
The Indians have been one of the most disappointing teams in baseball this year, freefalling into last place in the AL Central despite many pundits predicting in spring training that they could win the division. But just because they’re 13.5 games back of the Tigers in the Central, it doesn’t mean that GM Mark Shapiro is going to have a fire sale as some have suggested. Ace Cliff Lee has a very manageable salary ($5.75 this season, $8 million club option with $1 mil buyout) through next season, as does catcher Victor Martinez ($5.7 million in ’09, $7 million club option with $250,000 buyout in 2010). So there’s no reason for Shapiro to feel as though he has to trade either player to acquire more talent. The fact is that Cleveland has talent, at least offensively. It’s their pitching that has been horrendous since trading CC Sabathia at the deadline last year. If Shapiro can get through this season and hang onto his core on offense, then maybe he can add an arm or two in the offseason in order to get the Tribe back into contention next year.

7. Pitching will sink the Rangers in the end.
Look, I’m all about the Rangers’ postseason run this year. I think they’re a fun team to watch and they certainly have the lineup to contend. But their pitching staff overachieved a bit in the first half and I just don’t trust Scott Feldman, Vicente Padilla or any of the other arms after Kevin Millwood. I think this club will hang with the Halos for a little while, but at some point they’re going to start slowly sliding out of contention because they just don’t have the horses in the starting rotation to match what they bring to the field offensively.

8. The Giants will stand (somewhat) pat at the trade deadline.
The Giants have some of the best pitching in the NL, but it’s no secret that their offense is incredibly suspect. That said, don’t expect GM Brian Sabean to make a huge move at the trade deadline. San Fran has a couple of budding minor league stars in pitchers Madison Bumgarner and Tim Alderson, as well as position players like Buster Posey and Angel Villalona. They’re set up for the future so don’t assume that just because the Giants are in contention this season, that they’re going to cough up any of their top prospects in order to get a bat. That means no Matt Holliday, no Jermaine Dye and probably no Freddy Sanchez, either. If they make a move, think more Scott Rolen than a big name, because Sabean will be more inclined to trust that Randy Winn and Bengie Molina will heat up in the second half than he would be to giving up a significant piece (or two) for Holliday, Dye or Sanchez. If he can get a big bat and not give up Bumgarner, Alderson, Posey or Villalona, then all bets are off. But it’s doubtful that he would be able to make move without throwing in one of his top prospects.

9. The NL Wild Card race will be the most exciting storyline of the second half.
The Giants, Rockies, Cubs, Brewers, Braves, Astros and Marlins are all within five games of each other in the NL Wild Card chase and each team brings a little something different to the party. San Fran has outstanding pitching, Colorado has played some of the best baseball in the league over the past two months, Chicago is getting healthy and Milwaukee has a potent lineup and will probably make a move at the trade deadline. I could see Atlanta, Houston and Florida eventually fading, but I also wouldn’t be surprised if they hung in there for the entire second half. The bottom line is that no team is going to run away with the NL Wild Card this season and I could see this race not being decided until the final couple days of the season.

10. The Phillies will play the Angels in the World Series.
Hey, what would a prediction piece be without a projected World Series finish? Philadelphia is starting to have that World Series glow about them again and even though their starting pitching is suspect, don’t forget that I’m also predicting that they’ll acquire Roy Halladay. Nobody seems to be talking about the Halos this season, which is exactly why I like them to upset whomever they play in the postseason. Right now, their pitching isn’t that great, but it could certainly be one of the better rotations in all of baseball once healthy. I wouldn’t count them out for making a move at the deadline either.

Oh yeah: Halos in 6.