Less than a year later, Delgado reportedly has been dealt to the Mets.
The financially-strapped Marlins have dealt Delgado to the Mets for first baseman Mike Jacobs and pitching prospect Yusmeiro Petit. In addition, the Marlins have agreed to pay $7 million toward the remainder of Delgado's contract.
Delgado's agent, David Sloane, confirmed in an e-mail to MLB.com that the trade was completed. Sloane wrote that Marlins owner Jeffrey Loria called Delgado to tell him of the deal.
The story was first reported on the back page of Wednesday's editions of the New York Daily News, which said the deal was close to completion. Newsday reported on its Web site Wednesday morning that the trade had been agreed upon.
In January, Delgado signed a five-year, $52 million contract that paid him $4 million in 2005. The Mets are assuming all but $7 million on the remaining $48 million owed to Delgado.
Dealing Delgado came on the heels of the Marlins announcing they have been granted permission to seek relocation. On Tuesday, Florida president David Samson said the club is exploring options for a new stadium.
Samson added the Marlins are in the process of slashing payroll.
Neither club confirmed the deal, but moving Delgado had been expected. The Marlins had discussions with the Mets and Orioles for the left-handed hitting slugger.
Delgado, 33, belted 33 home runs while driving in 115 runs and batting .301 in his only season with the Marlins.
The deal will be formally completed upon completion of physicals. It also will need the approval of Commissioner Bud Selig because more than $1 million in cash will be changing hands.
Jacobs, a left-handed hitting first baseman, hit .310 with 11 homers and 23 RBIs in 30 games last season. Petit, who turned 21 on Tuesday, is considered the Mets' top pitching prospect, going 9-3 with a 2.92 ERA at Double-A Binghamton.
Joe Frisaro is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.