The Yankees lost five total players in this morning’s Rule 5 Draft, most notably Double-A RHP Tommy Kahnle. He was taken by the Rockies with the fourth overall selection. In a nutshell, New York receives a $50k fee and Kahnle must now stick on Colorado’s active 25-man roster all of next season. If he doesn’t, they’ll have to place him on waivers and then offer him back to the Yankees before being able to send him to the minors.
Kahnle, 24, was the team’s fifth round pick in the 2010 draft, out of Lynn University in Florida. They gave him $150k to turn pro. Kahnle had a 2.85 ERA (3.85 FIP) with a ton of strikeouts (11.10 K/9 and 28.8 K%) and a ton of walks (6.75 BB/9 and 17.5 BB%) in 60 innings for Double-A Trenton this summer. He throws very hard, regularly running his fastball up to 97-98, but he lacks a good offspeed pitch and his control is shaky at best. The Yankees offered him in trades for Alfonso Soriano and Michael Young before the deadline earlier this year.
The four players the Yankees lost in the minor league phase of the Rule 5 Draft are OF Ravel Santana (Astros), RHP Mikey O’Brien (Reds), RHP Felipe Gonzalez (Pirates), and converted infielder RHP Kelvin Castro (Marlins). Santana is the big name here because he was once one of the team’s very best prospects. Injuries — most notably a shattered ankle in 2011 and a broken arm in 2013 — have hampered his development. The 21-year-old had a 157 wRC+ with the Rookie GCL Yankees in 2011, an 83 wRC+ with Short Season Staten Island in 2012, and then did not play in 2013.
The minor league phase of the Rule 5 Draft works differently than the Major League phase. The players do not have to stick on a certain roster all year, they simply become their new team’s properly. The Astros essentially purchased Santana from the Yankees for the $12k fee. Same applies to the other three guys taken in the minor league portion.
The Yankee left several other interesting relief arms — RHP Chase Whitley, RHP Danny Burawa, and LHP Fred Lewis, specifically — exposed in the Rule 5 Draft, but none were selected. The Bombers have a full 40-man roster and were not able to make a pick themselves. The full Rule 5 Draft results can be seen here.