Yankees trade Ivan Nova to Pirates for two players to be named later

(Al Bello/Getty)
(Al Bello/Getty)

8:16pm: The Yankees have a list of players to choose from to complete the trade, according to Chad Jennings. They’re going to continue scouting those players in the coming weeks before making their picks.

4:21pm: The longest tenured homegrown Yankee is no longer a Yankee. A few minutes before today’s 4pm ET non-waiver trade deadline, the Yankees agreed to send right-hander Ivan Nova to the Pirates for two players to be named later. The team has since announced the trade, so it’s a done deal. Ivan joins his buddy Frankie Cervelli in Pittsburgh.

Nova, 29, will be a free agent after the season and there was basically no reason for the Yankees to keep him. He’s not a qualifying offer candidate and getting something, even two unexciting players to be named later, is better than losing him for nothing as a free agent after the season. Trading Nova was an easy call for the front office.

In 15 starts and six relief appearances this season, Nova pitched to a 4.90 ERA (5.09 FIP) in 97.1 innings. He has a 4.99 ERA (4.98 FIP) in 191.1 innings since coming back from Tommy John surgery last year, and he finishes his Yankees career with a 4.41 ERA (4.40 FIP) in 729 total innings from 2010-16. The second half of the 2011 season was his finest stretch in pinstripes.

The Yankees originally signed Nova for $80,000 as a 17-year-old out of the Dominican Republic back in July 2004. Like I said, he was the longest tenured homegrown player in the organization, and the second longest tenured overall behind Alex Rodriguez. This must be tough for Ivan. He’s been a Yankee for a long, long time.

There’s no word on who the two players to be named later will be. They don’t have be named for six months, but chances are it’ll happen long before that. They could be legitimate prospects, they could be fringe minor leaguers, or they could be 40-man roster players who have to slip through trade waivers in August before being added to the deal. We’ll see.

As for replacing Nova in the rotation, that won’t be too tough. The Yankees have both Luis Severino and Chad Green on the big league roster and stretched out. Luis Cessa is stretched out in Triple-A as well. I’m not sure there’s a wrong answer here. My guess is Severino gets the first crack at Nova’s rotation spot.

Yanks send Carlos Beltran to Rangers for three prospects

(Rich Schultz/Getty)
(Rich Schultz/Getty)

The tear down of the 2016 Yankees has continued. Carlos Beltran has been traded to the Rangers for three prospects, both clubs announced. The three prospects are all right-handed pitchers: Dillon Tate, Nick Green, and Erik Swanson. Evan Grant says the Yankees are paying the remainder of Beltran’s $15M salary this season, which they supposedly did not want to do. So much for that.

Beltran has been, by no small margin, the Yankees’ best hitter this season. No one else is even close. Beltran has hit .304/.344/.546 (134 wRC+) with 21 doubles and 22 homers in 99 total games. He leads the team in basically everything. Pick an offensive stat and Carlos is atop the Yankees’ leaderboard. That’s why he was an All-Star this season. Beltran hit .270/.327/.470 (115 wRC+) in three seasons in pinstripes.

The Yankees had the option of keeping Beltran and making him the qualifying offer after the season, but I didn’t love that plan for a number of reasons. They were able to turn him into three prospects, including the fourth overall pick in last year’s draft, mostly because the Rangers lost Prince Fielder to season-ending neck surgery a few days ago and have seen their AL West lead shrink from eleven games to two games in, like, two weeks. Texas was desperate.

Tate is the biggest prospect in the trade and he was the aforementioned fourth overall pick in last year’s draft. His prospect stock has already taken a big hit though, mostly because his velocity has fluctuated wildly and he’s had some hamstring problems this summer. Also, a 5.12 ERA (4.43 FIP) as a 22-year-old in Low-A is straight up bad, especially for a guy who went fourth overall out of a major college program (UC Santa Barbara) just last year.

For the time being, I consider Tate more of a lottery ticket pickup than a bonafide top prospect. That isn’t to say it’s a bad trade. Getting a guy with Tate’s upside and pedigree for a rental 39-year-old, even one as good as Beltran, is pretty great. I just need to see more consistent velocity, more strikeouts (19.0%), and fewer walks (9.3%) before I run him up the prospect rankings. Here’s a snippet of MLB.com’s free scouting report:

Tate can dominate hitters with two pitches, a lively 92-98 mph fastball and a sharp 85-89 mph slider … He has improved his changeup since he started using it more often, but it still has a ways to go before it becomes a reliable third pitch … Most scouts think he can remain a starter because he’s so athletic, which helps him throw strikes and should allow him to stay healthy and smooth out his delivery.

Green and Swanson, the other two prospects coming to the Yankees, were also 2015 draftees like Tate. Green was selected in the seventh round and Swanson in the eighth round. It’s worth noting the Yankees drafted Green out of high school back in the 35th round of the 2013 draft. I’m sure it’s not a coincidence they acquired him now. He still has some fans in the organization.

The 21-year-old Green has a 4.98 ERA (3.17 FIP) with a great strikeout rate (27.7%) and an okay walk rate (8.8%) in 34.1 Low-A innings this year. He’s an arm strength guy with good athleticism who’s run his fastball up to 95 mph. A work in progress curveball is his second offering. Swanson, 22, has a 3.43 ERA (3.25 FIP) with a 22.9% strikeout rate and a 7.4% walk rate in 81.1 High-A innings this season. He’s a four-pitch fastball/slider/curveball/changeup guy.

The Yankees did not have to trade Beltran but they kinda did. The trade proves he had more value than the supplemental pick the team would have received after the season had he rejected the qualifying offer, and the Yankees need as much young talent as they can get. Beltran’s value was not sky high because he’s had some injury issues and is a defensive liability, so landing a lottery ticket like Tate is a nice get. Green and Swanson are gravy.

Yanks send Vicente Campos to D’Backs for Tyler Clippard

(Christian Petersen/Getty)
(Christian Petersen/Getty)

It’s not all about selling this trade deadline. Sunday morning the Yankees announced they have traded Double-A righty Vicente Campos to the Diamondbacks for ex-Yankee Tyler Clippard. It’s a straight one-for-one swap. Campos was on the 40-man roster, so the Yankees won’t have to make another move to clear room for Clippard.

The Yankees traded both Aroldis Chapman and Andrew Miller in the last week, so the Clippard pickup gives the team a veteran arm for the late innings. Joe Girardi confirmed Dellin Betances will take over as closer. Joel Sherman says the club plans to use Clippard in the seventh and others in the eighth. I assume Adam Warren will factor in there somehow.

Clippard, 31, has a 4.30 ERA (4.30 FIP!) in 37.2 innings for Arizona this season. His last three appearances have been ugly (2.1 IP, 4 H, 7 R, 7 ER, 4 BB, 5 K, 2 HR), but he was pitching well before that (2.80 ERA and 3.59 FIP). Clearly though, this is not the Clippard of old. The guy who dominated with the Nationals is gone. Clippard’s on the decline and outs don’t come as easily as they once did.

As you know, the Yankees originally drafted and developed Clippard back in the day. He was their ninth round pick in 2003 and one of their better prospects before making his MLB debut in 2007. Clippard had a 6.33 ERA (6.68 FIP) in six starts and 27 innings for the Yankees that summer. He was traded to the Nats for Jonathan Albaladejo that offseason. Not Brian Cashman‘s finest moment.

The Yankees reportedly had some interest in Clippard over the winter but obviously did not sign him. He inked a two-year deal worth $12.25M with the D’Backs instead. The Yankees owe him the remainder of his $6.1M salary this season plus another $6.15M next season. He’s not a rental but his salary is hardly prohibitive. A little veteran middle relief depth is never a bad thing.

Campos, 24, was the other guy in the Jesus Montero/Michael Pineda trade. He has a 3.20 ERA (3.07 FIP) with a 21.3% strikeout rate and a 7.7% walk rate in 121 total innings this season. Campos was limited to only 166 total innings from 2012-15 due to ongoing elbow problems, including Tommy John surgery. He’s stayed healthy this year and the Yankees took advantage by flipping him for an MLB arm.

In a nutshell, the Yankees reshuffled some assets and turned an injury prone prospect into a declining reliever. Not exactly a ton of value changing hands here. The Yankees are selling, the Chapman and Miller trades are evidence of that, but they still need players to throw innings, and Clippard’s a capable of seventh inning guy. Unexciting? Yes. They ain’t all blockbusters.

Yankees send Aroldis Chapman to Cubs for four players

(Presswire)
Bye Aroldis. (Presswire)

4:10pm: Both teams have announced the trade, so it’s official. Officially official. The trade is as reported: Chapman for Torres, Warren, McKinney, and Crawford. Torres and Crawford are going to High-A Tampa and McKinney is going to Double-A Trenton. Warren is going to join the Yankees in Houston.

“I want to thank the New York Yankees for trusting and supporting me, and I wish nothing but the best for the Yankees organization and my former teammates,” said Chapman in a statement. “I am excited about today’s trade and look forward to joining the Chicago Cubs and meeting my new teammates. It is a privilege to wear the Cubs uniform and to play for the fans of Chicago.”

12:13pm: For the first time in a long time, the Yankees have made a true “sellers” trade. The Yankees and Cubs have an Aroldis Chapman deal in place, reports Jon Heyman. Shortstop prospect Gleyber Torres, outfield prospect Billy McKinney, right-hander Adam Warren, and a fourth player are coming back to New York. Patrick Mooney identifies the fourth player as outfield prospect Rashad Crawford. We’re still waiting for an official announcement from the team, just FYI.

Trading Chapman before the deadline was close to a no-brainer. The Yankees acquired him from the Reds in the offseason for pennies on the dollar because of his pending suspension under the league’s domestic violence policy. Once the suspension was served, they could market him for what he is: an elite rental reliever. Generally speaking, this all boils down too:

Rookie Davis
Eric Jagielo
Caleb Cotham
Tony Renda
35 innings of Adam Warren
Brendan Ryan
a few months of bad PR stemming from Chapman’s domestic violence incident

for

31.1 innings of Aroldis Chapman
Starlin Castro
Gleyber Torres
Billy McKinney
Rashad Crawford

That is a pretty incredible. The Yankees did not surrender any of their top prospects to acquire Chapman and now they’re netting Torres, who Keith Law (subs. req’d) and Baseball America respectively ranked as the 26th and 27th prospect in baseball in their midseason updates, plus some decent secondary pieces. That’s pretty great.

Using Andrew Miller as a benchmark, the going rate for an elite rental reliever was one top 50-ish prospect just two years ago. The Yankees got a top 25-ish prospect and more for Chapman. That’s a function of a) Chapman having a much longer track record than Miller, and b) the market for bullpen help being insane right now. The Yankees would be wise to gauge the market for Miller and Dellin Betances next. It doesn’t hurt to listen, after all.

Torres, 19, is obviously the center piece of the deal. He’s hitting .275/.359/.433 (122 wRC+) with nine homers, 19 steals, a 21.3% strikeout rate, and a 10.3% walk rate in 94 High-A games. Torres is doing that despite being nearly four years younger than the average Carolina League player. He’s outperforming Jorge Mateo, who is an excellent prospect himself, at the same level while being a year younger. Here’s a piece of MLB.com’s free scouting report:

Torres signed for $1.7 million out of Venezuela on the strength of his advanced bat and potential for solid tools across the board. He has a quick right-handed swing and a mature approach, recognizing pitches well and using the entire field. Once Torres gets stronger and learns to pull pitches more often, he could produce 15 or more homers per season … While Torres’ range may be just average, his instincts and strong arm allow him to make plays. If he has to change positions, he’d profile well offensively and defensively at either second or third base.

It wouldn’t be crazy to consider Torres the Yankees’ top prospect now. I haven’t thought enough about it to have a firm opinion, but he’s definitely in the conversation along with Mateo, Aaron Judge, and Gary Sanchez. For what it’s worth, Law ranked Judge higher than Torres in his midseason top 50 while Baseball America ranked Mateo higher than Torres in their midseason top 100. So yeah. This is a bit up in the air.

The other big name in the trade is McKinney, who went to the Cubs in the Jeff Samardzija/Addison Russell trade two years ago. The Yankees were connected to him prior to the 2013 draft — I even wrote up a draft profile on him — and last year McKinney ranked 83rd on Baseball America’s top 100 list. He’s had a rough 2016 though, hitting .252/.355/.322 (101 wRC+) with one homer, a 19.5% strikeout rate, and a 13.5% walk rate in 88 Double-A games.

The good news is McKinney is still only 21 — he’s three years younger than the average Southern League player — and just last year he was a top 100 guy who hit .300/.371/.454 (135 wRC+) between High-A and Double-A. The bad news is McKinney’s 2015 season ended in August when he fouled a pitch off his knee and suffered a hairline fracture. His bad 2016 season may be the result of the injury. Here’s a piece of MLB.com’s free scouting report:

McKinney has hit everywhere he has gone, the result of his quick left-handed swing, tremendous hand-eye coordination and mature approach. He also draws enough walks to record healthy on-base percentages, though some evaluators question how much over-the-fence power he’ll develop. He has bat speed and makes hard contact easily, so he should produce plenty of doubles with 15 or more homers per season … He’s a decent athlete with average speed and fringy arm strength, which doesn’t make him much of a factor on the bases or in the outfield.

The knee injury and down 2016 season stink, but without them the Yankees wouldn’t be able to get McKinney as part of this trade. They’re buying low on a good pure hitter who was a top 100 prospect just last season. Considering McKinney is not the center piece of the package that’s coming to the Yankees, he’s a pretty nice little lottery ticket. Shrewd pickup.

Crawford, 22, is currently hitting .255/.327/.386 (99 wRC+) with three homers, 22 steals, a 19.8% strikeout rate, and an 8.9% walk rate in 83 High-A games. He is not a top prospect in any way. In fact, neither MLB.com nor Baseball America ranked Crawford among the Cubs’ top 30 prospects coming into the season. He’s a fringe prospect, though J.J. Cooper calls him a “perfect” fourth piece for the Yankees because of his tools, specifically above-average speed and center field defense.

I assume the Yankees will send Torres and Crawford to High-A while McKinney goes to Double-A. That’s where they were playing with the Cubs. The Torres-Mateo dynamic will be interesting in Tampa. Will Mateo finally get the promotion he reportedly complained about, or will Torres get the promotion because he’s had a better year? Perhaps they’ll both stay in High-A and split time at second and short. Intrigue!

Welcome home, Adam. (Getty)
Welcome home, Adam. (Getty)

As for Warren, well, we’re all familiar with him. He pitched well for the Yankees in a variety of roles from 2013-15 before being traded for Castro this offseason. Warren, 29 next month, has not had a good season with the Cubs, pitching to a 5.91 ERA (5.83 FIP) in 35 innings. His walk (12.5%) and homer (1.80 HR/9) rates are far higher than they ever were in New York. He’s even had to spend some time in Triple-A.

My guess is Warren will step right into Chapman’s roster spot and reclaim his old jack of all trades bullpen role, which might make him the seventh inning guy right off the bat. Basically, he’s in the Circle of Trust™ until he pitches himself out of it, which just might happen based on the way he’s pitching with the Cubs this year. We’ll see what happens. I’m pretty stoked to have Warren back. He’s always been a personal fave.

There was talk the Cubs would not do the trade without signing Chapman to an extension first, and who knows if that happened. As far as the Yankees are concerned, who cares? They didn’t have to do any of the legwork (negotiate the extension, etc.) and apparently the Cubs were compelled to give them some extra players anyway. Hey, I’m not complaining. Whatever it took to get done. For what it’s worth, Joel Sherman says the Yankees did talk to Chapman about an extension at one point, and when he wasn’t interested, it swayed ownership to trade him.

The Yankees haven’t made a move like this — a big leaguer for prospects trade designed to improve the long-term future of the franchise — in a very long time. Since trading Rickey Henderson and Mike Pagliarulo in 1989, basically. The trade hurts in the short-term, there’s no doubt about that. We’ve all seen the impact Chapman can have. The Yankees will miss that in their bullpen even with Miller and Betances still around.

This trade helps improve the 2017 and beyond Yankees though, and considering the team’s current place in the standings, it was time to prioritize the future. Based on everything we know right now, this trade looks like a major coup for New York. They capitalized on Chapman’s stock being down over the winter and flipped him for a 25-ish prospect plus other stuff. Pretty cool.

Royals claim Tyler Olson off waivers from Yankees

(Elsa/Getty)
(Elsa/Getty)

The Royals have claimed left-hander Tyler Olson off waivers from the Yankees, the team announced. He was optioned to their Triple-A affiliate. The Yankees designated Olson for assignment the other day to clear a 40-man roster spot for Anthony Swarzak.

Olson, 26, came over from the Dodgers in a minor trade over the winter. He’s spent most of the season with Triple-A Scranton, where he had a 5.27 ERA (3.59 FIP) in 27.1 innings with the RailRiders. Olson had two separate stints with the Yankees but only appeared in one game, allowing two runs in 2.2 innings.

The Yankees are fairly deep in left-handed relievers, though most of them are hurt. Chasen Shreve, Jacob Lindgren, James Pazos, and Phil Coke are all on the DL. Of course, Andrew Miller and Aroldis Chapman are healthy, plus Richard Bleier is on the roster as well. Olson was completely expendable.

Update: Yankees sign Ike Davis to Major League deal

(Presswire)
(Presswire)

Monday, 8:30pm: The Yankees have announced the Davis signing, so it’s official. He will wear No. 24. Chad Green was sent to Triple-A Scranton to clear a 25-man roster spot and Layne Somsen was designated for assignment to clear a 40-man roster spot.

Sunday, 2:46pm: Jon Heyman says it’s a done deal. It’s a Major League contract and Davis will be joining the team soon. The Yankees are carrying eight relievers and three-bench players at the moment, so they figure to go back to a normal seven-man bullpen and four-man bench soon.

2:00pm: The Yankees are on the verge of signing Ike Davis, reports Mark Feinsand. Davis opted out of his minor league contract with the Rangers earlier today. New York tried to sign him over the winter, but he went to Texas instead. It’s entirely possible Davis will join the Yankees right away. This might not be a minor league deal.

Davis, 29, hit .268/.350/.437 (111 wRC+) with four homers in 39 Triple-A games this season. Last year he put up a .229/.301/.350 (83 wRC+) batting line with three homers in 74 games with the Athletics. Davis is a dead pull left-handed hitter with one of those Yankee Stadium swings. He’s hit as many as 32 homers in a season.

The Yankees have lost Mark Teixeira (knee), Greg Bird (shoulder), Dustin Ackley (shoulder), and Chris Parmelee (hamstring) to injury, so they’re down to their fifth string first baseman, converted second baseman Rob Refsnyder. They have Nick Swisher in Triple-A, but still needed more first base depth, especially since Swisher can opt-out of his deal this month.

Yankees place Mark Teixeira on 15-day DL with possible season-ending knee injury

(Al Bello/Getty)
(Al Bello/Getty)

Earlier today the Yankees placed Mark Teixeira on the 15-day DL with a “right knee articular cartilage tear,” the team announced. He left last night’s game with discomfort in the knee and went for an MRI. Brian Cashman told Chad Jennings that Teixeira may need season-ending surgery. From Jennings:

“The initial effort is going to try to be to treat it conservatively with rest, probably involving injections, and then see how he responds to that,” general manager Brian Cashman said in a phone call this morning. “… If that doesn’t work, then you’re looking at a surgical procedure. If that’s the case, then his season is probably done.”

Surgery could end not only Teixeira’s season, but also his Yankees career. His eight-year contract is up after the season, and while the team will need a backup plan for Greg Bird at first base next year, they could very well go in another direction. For now it seems the Yankees will be without Teixeira for an extended period of time. This doesn’t figure to be a 15-day stint on the DL.

To replace Teixeira on the roster, the Yankees have called up Chris Parmelee — not Nick Swisher — from Triple-A Scranton. Simply put, the team believes Parmelee is better able to help them than Swisher right now. Parmelee has been the more productive hitter with the RailRiders (131 wRC+ vs. 72 wRC+), he’s seven years younger, he’s healthier, and better able to play the outfield if necessary.

Cashman told Jennings the plan is to mix-and-match at first base for the time being. It makes sense to start Parmelee, a left-handed hitter, against righties. Rob Refsnyder or Austin Romine could get the call against lefties. Refsnyder replaced Teixeira at first last night — it was his first game action at the position at any level — and was fine, though he wasn’t tested with many plays.

Teixeira has not hit at all this season. He owns a .180/.271/.263 (48 wRC+) batting line and hasn’t looked anywhere close to snapping out of his slump. It’s been nearly two full months since he last hit a home run. It’s very possible Parmelee and whoever else will give the team more production at first base than Teixeira has this season. They won’t replace his defense though. Teixeira is still all-world with the glove.

Dustin Ackley, who had season-ending shoulder surgery yesterday, was transferred to the 60-day DL to clear a 40-man roster spot for Parmelee. He’ll be with the Yankees tonight.