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Yankees close to acquiring Alfonso Soriano


jshep

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This is why the Angels shouldn't stand pat ... either you're a Buyer or Seller. All the teams in front of us are going to try to get better. Garza was big for the Rangers last night in a low scoring game ... which they might of lost without him.

 

You can't wait seven more days until you see whats happens on the field ... by then anybody good will be gone.

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Yankees Acquire Alfonso Soriano

By Steve Adams [July 26 at 9:57am CST]

Alfonso Soriano is heading back to the same team with which he began his Major League career. After stops in Texas and Washington and an extended stay in Chicago, Soriano has come full circle by officially waiving his no-trade rights to approve a trade to the Yankees.

The Cubs will receive minor league right-hander Corey Black in the trade, which was approved by Major League Baseball this morning.

Soriano is in the seventh season of an eight-year, $136MM contract that he signed with the Cubs in November 2006. He has roughly $6.5MM remaining on this season's $18MM salary and will earn $18MM once again in 2014. The Yankees will pay just $6.8MM of the remaining money on that contract -- $1.8MM in 2013 and $5MM in 2014.

Black, 21, ranked as the Yankees' No. 25 prospect prior to the season, according to Baseball America. BA wrote that Black's fastball has touched 100 mph and sits comfortably at 95 mph. His plus athleticism allows him to repeat his release point, according to BA, and he also features an average changeup and improved slider to go along with a fringe curveball. The Yankees were developing him as a starter, though Joel Sherman of the New York Post tweeted earlier today that the Cubs view Black as a power reliever in the future. In 82 2/3 innings at High-A Tampa this season, the 2012 fourth-round pick has a 4.25 ERA with 9.6 K/9 and 4.9 BB/9

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