(Elsa/Getty)

The Yankees have been very active on the free agent market this offseason, though it’s easy to forget since most of the signings were re-signings. Kevin Youkilis is the only new player the team has signed this winter, and they still have questions to answer at DH, behind the plate (unlikely to be addressed in a meaningful way), and on the bench. There’s a lot of offseason left and a lot of holes to fill.

For a big market team like New York, free agency is the easiest way to add players. There’s always the trade route though, and in fact the club has swung a major trade in four of the last five offseasons. Some (Nick Swisher and Curtis Granderson) have worked better than others (Michael Pineda and Javy Vazquez). The Yankees may or may not have a trade of that magnitude left in them this winter, but not every deal has to be a blockbuster to help. Let’s take stock of the team’s current crop of trade chips.

Boone Logan
Logan, 28, has emerged as the team’s primary left-handed reliever over the last two years, but in no way should he be off limits this offseason. In fact, Clay Rapada has been much more effective against same-side hitters in recent years, though he’s unusable against righties. Logan can at least fake it against batters of the opposite hand if need be. Since he’s due to become a free agent next winter and is coming off a career-high (and league-leading) 80 appearances, Boone should be made very available this winter. Teams continually prove willing to overpay for quality relief, especially a left-handed relief.

Eduardo Nunez
For all his defensive deficiencies, the 25-year-old Nunez has garnered plenty of trade interest (from the Braves and Mariners, specifically) in recent years. Finding decent middle infield help these days is close to impossible, so teams are eager to roll the dice on a cheap young player with speed and contact skills. Frankly, if Nunez had spent the last few years in some other city, a lot of Yankees fans would be looking at him as a buy-low guy whose defense might be fixable with enough reps. Because we’ve seen the hilarious frequency of his errors first hand, he gets written off quickly. C’est la vie.

(Mike Stobe/Getty Images)

Ivan Nova & David Phelps
The Yankees brought both Hiroki Kuroda and Andy Pettitte back, meaning Nova and Phelps will battle it out for the fifth starter’s spot in camp. The loser goes to the bullpen (or Triple-A) to wait his turn as the sixth starter. Both guys could also be trade bait as young, cost-controlled back-end arms, though both also have their warts. Nova got pounded last season and Phelps has just a handful of big league starts to his credit.

Phil Hughes could also be lumped into this group, but he only offers one year of team control and is being counted on as the fourth starter behind the three veterans. He shouldn’t be off-limits, but he might not fetch as much as the team would like given the impending free agency. Hughes is most desirable to contenders, and it’s not often you see a trade made between two contenders.

Mason Williams, Slade Heathcott, Gary Sanchez & Tyler Austin
You can’t have a trade chips post without mentioning the top prospects. These four represent the team’s best young minor leaguers in whatever order, though none of them have meaningful experience at the Double-A level. For all intents and purposes, they’re four high-upside guys in Single-A ball.  As we’ve seen in the recent R.A. Dickey and James Shields trades, it takes an elite prospect on the cusp of the big leagues to land an impact player. Teams will surely line up to acquire these four, but I don’t think any of them would be enough to bring say, a young and MLB ready impact bat without significant secondary pieces. Twelve months from now, one or all of these guys could be among the best trade chips in the sport.

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Curtis Granderson’s name has popped up as a trade candidate numerous times this offseason, though I maintain that it will be close to impossible to trade him and improve the team at the same time. The Yankees didn’t drop $62M total on five free agents this winter to trade their best power hitter for a young player who might help two or three years from now, potentially wasting a year of CC Sabathia at his best, of Robinson Cano at his best, of David Robertson at his best, of Pettitte and Mariano Rivera before they call it a career. With the 2014 payroll plan looming, making one last “all-in” run in 2013 should be the club’s top priority even if they seem to feel differently.