Archive for Transactions
Via Jon Heyman: The Yankees have agreed to sign corner infielder Mark Reynolds. Because he was designated for assignment and released by the Indians, they only owe him the pro-rated portion of the league minimum. Heyman says four teams had interest. The deal is not yet official.
Reynolds, 29, hit .205/.307/.373 (93 wRC+) with 15 homers before being cut by the Tribe. As I explained in last week’s mailbag, he was very good for the first 50 games but terrible for the last 49. Reynolds did hit .215/.333/.411 (111 wRC+) against lefties though, and that’s why the Yankees signed him. He’ll presumably platoon with Lyle Overbay at first base and see some time at third base and DH as well.
The Yankees will need to clear both a 25-man and 40-man roster spot to accommodate Reynolds, but that won’t be too difficult. They’re already carrying a 13-man pitching staff and could transfer either Zoilo Almonte (ankle) or Luis Cruz (knee) to the 60-day DL. If he performs well, I suppose the Yankees could look to retain Reynolds for next season as a part-time corner infielder/DH.
As expected, the Yankees have called up left-hander David Huff. Dellin Betances was sent to Triple-A Scranton to clear a 25-man roster spot, and David Phelps was transferred from the 15-day DL to the 60-day DL to clear a 40-man roster spot. Phelps is out with a forearm strain that was expected to be season-ending, and this pretty much confirms it.
Huff, 28, has a 3.84 ERA (2.79 FIP) in 68 innings for Triple-A Scranton this year, and he threw 105 pitches on Sunday. I’m guessing the Yankees called him up a) to have a second lefty reliever for this weekend’s Red Sox series, and b) spot start during Tuesday’s doubleheader against the Blue Jays. They’ll need a spot starter at some point, either Tuesday or four days later, so I suppose Huff’s workload this weekend could determine when he makes the start. We’ll see.
The Yankees have called up right-hander Dellin Betances from Triple-A Scranton, the team announced. Seldom used infielder David Adams was sent down in a corresponding move. Betances has pitched very well since moving to the bullpen earlier this year (1.46 ERA and ~2.05 FIP in 49.1 IP), but this is about adding a fresh arm to the bullpen more than anything else. Don’t be surprised if he gets sent back down in a few days.
The Yankees have outrighted utility man Brent Lillibridge to Triple-A Scranton. He cleared waivers and accepted the assignment, so he’ll remain in the organization as a non-40-man roster player rather than become a free agent. Lillibridge had a few big hits during his short time with the Yankees, but otherwise he’s not much more than the 25th man on the roster despite being able to play all over the field. It’s nice that he’s sticking around in Triple-A just in case there’s another roster need at some point.
Via Carrie Muskat: The Cubs have claimed outfielder Thomas Neal off waivers from the Yankees. New York designated him for assignment to clear room on the 40-man roster for Curtis Granderson, who was activated off the 60-day DL last week.
Neal, 25, hit .323/.390/.412 (127 wRC+) with two homers in 292 plate appearances for Triple-A Scranton this year. He also appeared in four games with the big league team, going 2-for-11 (.182) with a walk and a hit-by-pitch (.308 OBP). With Granderson healthy and Alfonso Soriano in the fold, the Yankees have plenty of outfield depth. Neal’s a very limited player (no power, speed, or defense) they’re unlikely to miss.
The Yankees made a series of roster moves this afternoon, so let’s recap:
- Derek Jeter has been placed on the 15-day DL with his Grade I calf strain. That makes three DL stints this year, or two fewer than the number of games he’s played. The Cap’n correctly said “whole season has been a nightmare” yesterday.
- Alex Rodriguez has been activated off the 60-day DL. Pretty amazing that he received the longest non-lifetime ban in MLB history this afternoon yet will make his season debut tonight. But I was told he would never play again.
- Brent Lillibridge has been designated for assignment to clear both a 25-man and 40-man roster spot for A-Rod. He somehow played eleven games and got 37 plate appearances (1 wRC+) in pinstripes. And yes, that’s a 1 wRC+.
- David Adams has been called up from Triple-A Scranton to help out the bench. He essentially replaces Jeter on the roster. Adams has yet to arrive and meet the team in Chicago, but I’m sure that will happen soon enough.
As expected, the Yankees have activated Curtis Granderson off the 60-day DL in time for tonight’s game. He is in the lineup, batting fifth and playing left field. Melky Mesa was sent to Triple-A Scranton to clear a spot on the 25-man roster, and Thomas Neal was designated for assignment to clear a spot on the 40-man roster.
The Yankees have sent David Adams down to Triple-A Scranton and will activate Jayson Nix off the 15-day DL in time for Tuesday’s series opener against the Dodgers. Nix went 1-for-12 during his four-game minor league rehab assignment. Despite Brent Lillibridge‘s strong glovework and timely hits, I assume Nix will step right back into the lineup on a most of the time basis at the hot corner.
After days of rumors and weeks of desperation, the Yankees are finally adding some right-handed power to the lineup. New York has agreed to acquire Alfonso Soriano from the Cubs for minor league right-hander Corey Black, reports Bob Nightengale and Joel Sherman. Jon Heyman says righty Tommy Kahnle was on the table as well. The trade has not yet been announced by either team.
Soriano, 37, had full no-trade protection through his ten-and-five rights and had to agree to return to the Bronx. Nick Cafardo says the only team he was willing to accept a trade to was the Yankees. Soriano took a red-eye flight to New York last night and is expected to be with the team in time for tonight’s series opener against the Rays. I assume he’ll step right into the lineup on a full-time basis and not platoon. The Yankees have an open 40-man roster spot and will likely demote either Melky Mesa or Thomas Neal to Triple-A Scranton to clear a 25-man roster spot.
According to Buster Olney, the Bombers will pay $6.8M of the roughly $24.5M owed to Soriano through next season. They will pay $5M of that $6.8M in 2014. Soriano’s eight-year, $136M contract comes with a $17M average annual value and an $18M salary next season. This luxury tax stuff is complicated, but by my unofficial calculation, Soriano will carry a $4M “tax hit” next year. Hopefully we get some confirmation on this at some point.
In 383 plate appearances this season, Soriano has hit .254/.287/.467 (100 wRC+) with 17 homers and ten stolen bases. That includes a .273/.310/.496 (112 wRC+) line against left-handers. After hitting just .250/.288/.302 with one homer in his first 30 games of 2012, Soriano switched to a lighter bat and hit .265/.331/.551 with 32 homers in his final 121 games. Over the last 30 days of this season, he’s put up a .286/.330/.714 (178 wRC+) line with ten homers.
To give you an idea of how power-starved the Yankees are these days, Soriano has out-homered them 8-7 in July. He’s hit ten homers since the Bombers last got a homerun from a right-handed batter — Jayson Nix took Yu Darvish deep on June 25th — and overall he has 17 homers this season compared to 24 for New York’s righty bats. As a team, the Yankees are hitting just .235/.306/.341 (77 wRC+) with 20 homers against left-handed pitchers in 2013. They were desperate for a right-handed power bat.
Soriano is not without his warts, obviously. He doesn’t walk (3.9%) and will strike out a fair amount (23.2%), though his strikeout rate isn’t as bad as generally believed. It’s more Nick Swisher and Evan Longoria than Curtis Granderson and Mark Reynolds. Soriano also doesn’t steal bases like he once did — his ten steals this year are already his most since 2008. From 2009-2012, he stole just 22 bases in 28 attempts (79%). Soriano has worked hard to both improve his defense (though he’s still no better than average in left) and his reputation in recent years. He gets rave reviews for his work ethic and clubhouse skills nowadays, especially when it came to mentoring the young players in Chicago. The Yankees love that stuff.
As you know, Soriano broke into the big leagues with the Yankees in 1999 before sticking for good in 2001. He signed with the Hiroshima Carp as a 16-year-old in 1992 and played them through 1997, at which point he “retired” from the Japanese leagues so he could sign with the Yankees for $3.1M. Soriano hit .284/.322/.502 (115 wRC+) with 98 homers and 121 steals with New York from 1999-2003, including .295/.335/.536 (128 wRC+) with 77 homers and 76 steals from 2002-2003. He finished third in the 2001 AL Rookie of the Year voting and third in the 2002 AL MVP voting, when he nearly went 40/40 (39/41). Soriano was traded with Joaquin Arias to the Rangers for Alex Rodriguez in February 2014.
Black, 21, signed for a below-slot $215k as the team’s fourth round pick in last year’s draft. I ranked him as the 24th best prospect in the organization before the season and the 18th best after last month’s draft. Black has a 4.25 ERA (3.27 FIP) with an excellent strikeout rate (9.58 K/9 and 23.0 K%) but a poor walk rate (4.90 BB/9 and 11.8 BB%) in 82.2 innings spread across 19 starts for High-A Tampa this season, though he did spend time on the DL with an unknown injury. He’s undersized — listed at 5-foot-11 and 175 lbs. — but he has a big fastball, showing 100 in the past and sitting in the mid-90s now. His secondary pitches all need work and he’s likely headed for the bullpen down the road, though he has been impressive as a starter in 2013. Here are some .GIFs.
The Yankees have a ton of hard-throwing right-handed relievers in the organization, making it the one of the only areas the team has plenty of depth to use in trades. They are desperate for power at the big league level and Soriano will provide that even though his game is limited. The Cubs took Black over Kahnle because he’s the better prospect, and trading a High-A pitcher likely destined for the bullpen for an upgrade to the big league lineup for a potential second half push is a move the Yankees should make all day, every day. New York still needs more offense, at least one and probably more like two or three bats, but Soriano is a start and he came at a reasonable cost.
The Yankees have placed infielder Luis Cruz on the 15-day DL with a right knee sprain, the team announced. He apparently suffered some MCL damage while making that sliding catch in shallow right near he foul line on Monday. David Adams has been recalled from Triple-A to fill the roster spot.
Cruz, 29, has played very good defense on the left side of the infield but has hit just .182/.224/.200 (14 wRC+) in 59 plate appearances with New York. The 26-year-old Adams hit .190/.260/.276 (47 wRC+) in a 128 plate appearance cameo earlier this year, though he’s put up a .289/.426/.500 batting line in 11 Triple-A games since being sent down. I assume Adams, who had a .407 OBP in seven games before being sent down, will take over as the everyday third baseman with Brent Lillibridge handling utility infielder duties.