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Yankees Discussing Deal With Kenta Maeda

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The Yankees are discussing a possible deal with right-hander Kenta Maeda, reports Jon Heyman of The New York Post. Maeda had been with the Cubs on a minor league deal but was released on the weekend, according to his MLB.com transactions tracker.

Presumably, the Yankees would be looking to sign Maeda on a minor league deal as well. The 37-year-old has had plenty of good years but hasn’t been in good form lately. He signed a two-year, $24MM deal with the Tigers going into 2024 but that deal hasn’t worked out. He struggled enough last year to get moved to the bullpen, finishing the year with a 6.09 earned run average in 112 1/3 innings.

Here in 2025, Maeda hasn’t been able to bounce back. He started the year back in the Detroit bullpen but was designated for assignment after he allowed seven earned runs in eight innings. He cleared waivers, elected free agency and signed the aforementioned minor league deal with the Cubs. He has since been pitching out of the rotation in Triple-A Iowa. He tossed 57 1/3 innings over 12 starts with a 5.97 ERA. His 45.7% ground ball rate in that time was decent but his 18.1% strikeout rate and 10% walk rate were both subpar.

For what it’s worth, Maeda has been improving. He allowed four earned runs in two innings in his first start for Iowa. In his second, it was five earned runs in 3 2/3. Then he allowed nine earned runs in just one inning in the third start. At that point, he had a laughable 24.30 ERA through three Triple-A appearances. The Cubs stuck with him and he has since tossed 50 2/3 innings over his nine most recent starts with a 3.55 ERA, 20% strikeout rate and 8.8% walk rate. Over his past five starts, he has a 4.13 ERA and 25.4% strikeout rate. In his last three outings, he has a 3.18 ERA in 17 innings with a 27.5% strikeout rate and 5.8% walk rate.

That’s a lot of cherry picking to make Maeda look good in small samples, but it perhaps suggests bit of positive momentum now that he’s been back in a regular starting role for the first time in about a year.

It’s risky to bet on such small samples but there’s not much downside for the Yanks in taking a flier. Since the Tigers released him, they’re still on the hook for the majority of what remains of his salary. That means the Yanks would only owe him a prorated version of the league minimum for any time Maeda eventually spends on their roster.

The Yankees are without starters Gerrit Cole and Clarke Schmidt for the rest of the year, both of them having undergone Tommy John surgery. Ryan Yarbrough filled in for a while but he himself has been shelved by an oblique strain. The club was connected to starting pitchers ahead of the deadline but didn’t end up pulling the trigger.

They currently have Max Fried and Carlos Rodón atop their rotation. Luis Gil had spent the entire season on the injured list due to a lat strain until a few days ago. He finally made his season debut yesterday but issued four walks in 3 1/3 innings while allowing five earned runs. Will Warren and Cam Schlittler are also in the rotation but each has an ERA around 4.60. Marcus Stroman was just released to open a roster spot.

Veteran Carlos Carrasco had been in the system as non-roster depth but he was recently flipped to Atlanta for a player to be named later or cash. Prospect Chase Hampton required Tommy John surgery earlier this year. If Maeda is brought aboard on a minor league deal, he could try to position himself as the next man up for a spot start or as an injury replacement.

Photo courtesy of Junfu Han, Imagn Images

NL East Notes: Alcantara, Yankees, Anthopoulos, Ozuna, Winker, Kranick

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The Marlins were looking to land George Lombard Jr. or Spencer Jones from the Yankees in a Sandy Alcantara trade, according to Jon Heyman of the New York Post.  The Yankees naturally balked at moving either of their top prospects, and this gives the kind of idea of the big-ticket return Miami was trying to land for either Alcantara or Edward Cabrera.  “No one came especially close” to prying Alcantara away from the Fish, which reflects both the big asking price and the inconsistent numbers the righty has posted (6.36 ERA over 109 innings) in his first season back after rehab from Tommy John surgery.

Other than trading Jesus Sanchez to the Astros and moving depth catcher Nick Fortes to the Rays, it was a quieter deadline than expected from the Marlins, who looked like clear-cut sellers a couple of months ago.  However, the team’s plans may have been changed by an unexpected development — winning.  A three-game sweep of the Yankees in Miami this weekend brought the Marlins’ record back to 55-55, as the Fish have won 25 of their last 35 games.  It is a great sign of progress for the team’s rebuild at the very least, and even a longshot wild card race can’t be ruled out given how well the Marlins have been playing.

Some more from the last few days of NL East news…

  • Rafael Montero was the only veteran Atlanta moved at the deadline, as if anything, the Braves focused a lot of attention on adding short-term pitching help to its injury-riddled staff.  President of baseball operations Alex Anthopoulos told reporters (including the Athletic’s David O’Brien) on Thursday that since his team plans to contend again in 2026, the Braves put a high ask on any player that was controlled beyond the 2025 season.  As for impending free agents like Raisel Iglesias and Marcell Ozuna, Anthopoulos said “we weren’t just going to give players away, move guys just to move them or just to dump salary….If we were going to move any player, we were going to have to get something back that we liked.”  The executive added that the team didn’t approach Ozuna for his approval about any potential trades, as Ozuna has veto rights as a 10-and-5 player.
  • The Mets freed up some 40-man roster space for their deadline additions on Thursday by moving Jesse Winker to the 60-day injured list, which ensures that Winker will be now be out of action until at least September 9.  There is concern that Winker’s entire season could be in jeopardy, as president of baseball ops David Stearns told MLB.com’s Anthony DiComo and other reporters that Winker’s back is “frankly not [recovering] at the pace that I think he or we were hoping.”  Winker rejoined the Mets on a one-year, $7.5MM free agent deal last winter but he has been limited to 26 games due to an oblique strain and now this back problem, as both injuries landed the veteran on the 60-day IL.
  • Sticking with the Mets, the Athletic’s Will Sammon reports that Max Kranick underwent a flexor tendon repair surgery last month, not a Tommy John surgery as was the initial expectation.  A TJ procedure would’ve very likely cost Kranick the entire 2026 season, but there is now some improved chance the right-hander might be back on a big league mound before Opening Day 2027.  Kranick already underwent a Tommy John surgery in June 2022 that cost him the entire 2023 campaign, and his 2024 work was limited to 70 2/3 innings in the Mets’ farm system.  Returning to the bigs this season, Kranick had a 3.65 ERA over 37 innings with New York before arm problems have again put his career on hold.

Outright Assignments: 8/3/25

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Here’s the latest on a few players recently designated for assignment, and now removed from their clubs’ 40-man rosters…

  • The Yankees announced that outfielder Bryan De La Cruz has cleared waivers and been outrighted to Triple-A.  Because De La Cruz has more than three years of Major League service time, he has the right to elect free agency rather than accept the outright assignment, so it remains to be seen if he’ll remain in the organization.  A regular with the Marlins from 2022-24, De La Cruz has struggled badly since a deadline trade to the Pirates last year, and his only MLB work in 2025 came in the form of 16 games with the Braves.  New York claimed De La Cruz off waivers from Atlanta in May and the outfielder has hit .251/.323/.438 over 229 plate appearances for Scranton/Wilkes-Barre.
  • The Mariners outrighted Collin Snider to Triple-A after the right-hander cleared waivers.  This is the first time Snider has been outrighted, and since he also doesn’t have the required amount of MLB service time, he’ll have to report to Triple-A rather than consider electing free agency.  An underrated bullpen arm for the Mariners in 2024, Snider struggled to a 5.47 ERA in 26 1/3 innings this year and hasn’t pitched since a right forearm flexor strain sent him to the injured list two months ago.  Snider had begun a minor league rehab assignment but he is out of minor league options, so the Mariners had to pursue the DFA/outright route rather than activate Snider directly back onto the 26-man roster.
  • The Phillies announced that right-handers Brett de Geus and Devin Sweet both cleared waivers and have been outrighted to Triple-A Lehigh Valley.  The two pitchers were each designated on deadline day to create roster space for new acquisitions Harrison Bader and Matt Manning.  De Geus made a single appearance with Philadelphia this season, and he has now tossed 63 1/3 innings over 61 career games at the big league level, posting a 7.39 ERA across his three seasons.  Sweet has a 10.38 ERA over 8 2/3 career innings with the Mariners and A’s, all during the 2023 season.  Both pitchers have previous outrights on their resume, so they can each elect free agency rather than accept the assignment to Triple-A.

Yankees Activate Luis Gil From 60-Day Injured List

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The Yankees announced this morning that they have activated right-hander Luis Gil from the 60-day injured list. To make room for Gil’s return to the 40-man roster, New York placed right-hander Jonathan Loaisiga on the 15-day injured list with mid-back tightness.

Gil, 27, suffered a high-grade lat strain before the season began and has been sidelined ever since. The AL Rookie of the Year last year turned in a solid season with a 3.50 ERA and a 4.14 FIP in 29 starts, but walked a whopping 12.1% of his opponents against a 26.8% strikeout rate and faded into a less effective version of himself down the stretch, Those later season struggles were understandable given the lack of volume Gil had thrown over the years. The righty actually made his big league debut back in 2021 but a variety of injuries left him able to make just seven starts in the big leagues across his first two years in the majors and cost him the 2023 campaign in its entirety.

That checkered injury history made it somewhat unsurprising when Gil once again missed significant time this year, but it was no less disappointing for the Yankees given that they’ve been without both Gil and Cole all year to this point and also saw Clarke Schmidt miss time early in the year before requiring Tommy John surgery shortly before the All-Star break. Those hits to the club’s rotation depth led the Yankees to view adding starting pitching help as a top priority heading into the trade deadline, but the club was unable to get a deal for a starter done in a year where few rotation pieces ended up moving. They fortified both the lineup and bullpen instead, hoping that a relief corps with four closers (Devin Williams, David Bednar, Luke Weaver, and Camilo Doval) will be enough to make up for those starting pitching deficiencies.

Even if that plan works out, the Yankees are banking on help from Gil and the eventual return of Ryan Yarbrough (as well as the efforts of rookies Will Warren and Cam Schlittler) to help piece together production behind Max Fried and Carlos Rodon. It’s a significant gamble that demonstrates plenty of faith in Gil, who offers plenty of upside but has not yet demonstrated much consistency at the big league level. The righty struggled to a 5.65 ERA across four rehab outings at the Double- and Triple-A levels in preparation for his return to the majors, but his 4 1/3 innings of one-run, seven-strikeout ball his last time out for Scranton/Wilkes-Barre offers some reason for optimism as he heads into today’s start against the Marlins and right-hander Edward Cabrera, against whom the Yankees are hoping to avoid getting swept after dropping the first two games in the series.

As for Loaisiga, Greg Joyce of the New York Post writes that the right-hander is headed back to the Bronx to be examined by the team’s doctor. Loasigia’s back issue has lingered in the days after his abbreviated outing on Friday where he hit a batter and allowed a hit before being pulled after recording just one out. Loaisiga has been dominant at times over the years but has struggled somewhat this year, with a 4.25 ERA and a 5.80 FIP in 29 2/3 innings of work this year. It’s unclear how long Loaisiga will be out, but the club’s recent reinforcements for the bullpen from trades prior to the deadline this past week should help make up for the loss.

Nicky Lopez Opts Out Of Minor League Deal With Yankees

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Infielder Nicky Lopez has opted out of his minor league deal with the Yankees and is now a free agent, according to a report from Robert Murray of FanSided yesterday. Lopez had signed with the organization early last month.

The 30-year-old was a fifth-round pick by the Royals back in 2016 and made his MLB debut during the 2019 season. He was a light-hitting middle infielder for his first two seasons in Kansas City, with an atrocious .228/.279/.307 (55 wRC+) line in 159 games across those two seasons. While he was roughly a replacement level player overall in those two seasons, he broke out in a big way during the 2021 season. That year, he slashed .300/.365/.378 with a wRC+ of 104, and combined that roughly average slash line with elite defense at shortstop and 22 stolen bases to put together a 5.5 fWAR season.

That version of Lopez from 2022 looked like a potential All-Star, but his .347 BABIP that year proved to be unsustainable. He dropped back down to a wRC+ of 55 in 2022, and while his strong defense and baserunning allowed him to remain better than replacement level he hasn’t fared quite that well in the years since. He bounced between Kansas City, Atlanta, and the south side of Chicago in 2023 and ’24, slashing a modestly improved .238/.317/.299 (77 wRC+) with a high-contact approach (15.1% strikeout rate) but still failed to hit for enough power or post a high enough BABIP to offer even average offensive production.

After demonstrating declining speed and defense as he entered his late 20s, Lopez has struggled to hold down a big league job in his age-30 campaign. He’s bounced between the Cubs, Angels, Diamondbacks, and Yankees organizations throughout the year but has made it into just 19 big league games with Chicago and Anaheim. In 28 plate appearances in the majors this year, he’s gone just 1-for-24 with four walks and four strikeouts. His numbers at Triple-A for Arizona and New York’s affiliates, meanwhile, have been better but still lackluster as he’s slashed .266/.316/.323 with an 11.5% strikeout rate.

No one should be signing Lopez for his offense, but he still provides above-average defense and can be a decent contact-oriented pinch hitter. That’s enough to be a potentially useful bench piece, and with the trade deadline having come and gone it seems likely some team will sign Lopez as a depth option in the coming days. He’ll likely be limited to minor league offers, but it’s possible a team with a particularly thin infield mix could look to add him to their bench immediately in order to shore up their roster for the stretch run. The Yankees, for their part, have much less of a need for that sort of infield depth after the club picked up Ryan McMahon, Amed Rosario, and Jose Caballero to transform their bench mix ahead of the deadline earlier this week. Jorbit Vivas and Braden Shewmake remain on the 40-man roster as potential depth options, as well.

Yankees Release Marcus Stroman

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The Yankees announced Friday that they’ve released veteran right-hander Marcus Stroman. New York also formally added deadline acquisitions Camilo Doval, David Bednar, Jake Bird and Jose Caballero to the active roster.

Stroman, 34, is midway through the second season of a two-year, $37MM contract. By releasing him, the Yankees are committing to eating the remaining $5.61MM in what’s now dead money. They’ll remain on the hook for that sum, minus the prorated league minimum for any time Stroman spends on the major league roster or injured list with another team.

A knee injury sidelined Stroman for nearly two months, from mid-April to mid-June. He pitched poorly prior to landing on the shelf (12 runs in 9 1/3 innings) but has been better since returning, tossing 29 2/3 frames with a 4.55 ERA. Stroman’s 14.8% strikeout in that time is perilously low, but he’s shown good command (7% walk rate) and kept 48% of his opponents’ batted balls on the ground.

Stroman’s contract contained a vesting provision for an $18MM player option for the 2026 season, but that option was contingent upon him pitching 140 innings during the 2025 season. He’s only at 39 innings on the year due to that lengthy injury absence, so even if the Yankees had held onto him, there was no way he’d have unlocked the option.

The Yankees recently gave prospect Cam Schlittler his major league debut and are seemingly more comfortable moving forward with the flamethrowing young righty in the rotation than the veteran Stroman. Manager Aaron Boone’s staff will now include Max Fried, Carlos Rodon, Will Warren and Schlittler. Reigning AL Rookie of the Year Luis Gil is on a minor league rehab assignment after missing the entire season to date with a lat strain. He’s made four minor league starts, so he’s presumably on the cusp of rejoining the staff in the near future.

Though he’s clearly not the quality mid-rotation arm he was from 2014-23, when he pitched more than 1300 innings of 3.65 ERA ball between the Blue Jays, Mets and Cubs, Stroman started 29 games and logged a 4.31 ERA for the Yankees as recently as 2024. There aren’t many options for clubs in need of pitching depth to add it post-deadline, so Stroman ought to latch on with a new organization before too long.

Yankees Acquire David Bednar

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The Yankees have added one the biggest prizes of the relief market to their bullpen, acquiring David Bednar from the Pirates for catching prospect Rafael Flores, minor league catcher Edgleen Perez, and minor league outfielder Brian Sanchez.

Bednar, 30, has been a staple of the Pirates’ bullpen for five years. The hard-throwing 6’1″ righty is making $5.9MM this season and is under club control for one more year. He’s owed about $1.87MM of that sum for the balance of the season, though the Yankees will have to pay a 110% luxury tax on him, making the total financial outlay closer to $3.9MM.

Yankees relievers have been mediocre on the season overall, sitting 21st in the majors with a 4.24 ERA. However, they’ve been the second-worst group in baseball over the past month, recording a 6.29 ERA that’s worst in the American League and leads only the Rockies among all 30 teams. Struggles from Devin Williams and Luke Weaver have played a significant role, and the Yankees have also been without Fernando Cruz and Mark Leiter Jr. in that time. Cruz has an oblique strain, and Leiter has a stress fracture in his fibula.

Bednar, a two-time All-Star, will provide some much-needed support. Although he struggled through a brutal 2024 season and had a rough start to his 2025 campaign, those hardships feel like a distant memory. The Bucs optioned him to Triple-A in late March, and Bednar has been an absolute behemoth since returning. In 37 frames, he’s posted a dazzling 1.70 ERA with a 34.5% strikeout rate and 5.5% walk rate. It’s some of the best work of Bednar’s career — even better than what had been a 2021-23 peak that saw him post a combined 2.25 ERA, 31.2% strikeout rate and 7.7% walk rate.

Bednar is averaging 97.1 mph on his heater this season. His curveball, the righty’s go-to secondary pitch, is sitting nearly 20 mph slower. Bednar also features a splitter that’s averaging 92.3 mph this year. He’s used that arsenal to induce chases off the plate at an excellent 34.4% clip and garnered a 12.7% swinging-strike rate as well. Left-handed opponents, in particular, have been flummoxed by Bednar. They’re hitting just .162/.240/.276 against him. His mastery over lefties is all the more important, given Yankee Stadium’s short right-field porch.

That Bednar is controllable for an additional season surely holds extra appeal for the Yankees, given that both Weaver and Williams are both set to reach free agency at season’s end. Bednar can pitch in any high-leverage role necessary in 2025 and could step into the ninth inning for the 2026 season, depending on whether Williams and/or Weaver are retained.  After striking the deal for Bednar, the Yankees further augmented their bullpen by acquiring Camilo Doval from the Giants and Jake Bird from the Rockies.

Flores, 24, is the big get for the Pirates in return. He ranked eighth among Yankees prospects on Baseball America’s recent update on their system. He opened the season at the Double-A level and ripped through opposing pitchers at a .287/.346/.496 clip (146 wRC+) before being recently promoted to Triple-A. He’s hitting just .211/.288/.289 there, but that’s in a tiny sample of 49 plate appearances. Overall, Flores is hitting .279/.351/.475 between the two levels. He’s never had a below-average year offensively in the minors.

Flores has already popped 16 homers on the season, leaving him just five shy of his career-high mark. He’s listed at 6’4″ and 230 pounds, making him on the larger end for a catcher. He’s viewed as more of a bat-first option whose calling card is raw power, and Flores has accordingly spent a fair bit of time at first base as well.

The Pirates have been searching for a catcher of the future for what feels like an eternity. They selected Henry Davis with the No. 1 pick in the 2021 draft and acquired both Endy Rodriguez and Joey Bart via trade in recent years. They’ve also cycled through veterans like Jacob Stallings, Elias Diaz and several other journeymen over the course of the past five to six years. Despite the sizable investment and cast of rotating characters, none have managed to stick.

It’s a similar situation at first base. Neither Davis nor Rodriguez has staked a claim to the position. Pittsburgh acquired Spencer Horwitz over the winter in hopes that he could hold the position down for years to come. It’s too early to firmly pass judgment on that acquisition, particularly after Horwitz missed the first few months of the season due to wrist surgery, but his .252/.323/.359 batting line through his first 229 plate appearances surely isn’t what the Pirates had hoped to see. Flores adds another possible option to the mix in the long term, though the Bucs will hope that he can handle catching work while Horwitz improves his production at first base.

The other two players in the swap are further from big league readiness. Perez, 19, has spent the season with the Yankee’s Class-A affiliate. He’s turned in a disappointing .209/.368/.236 batting line in 380 trips to the plate. He’s considered a solid defensive catcher and still ranked 16th among Yankee prospects at BA despite his struggles this year, due in large part to his glove and his exceptional pitch recognition. As Baseball America points out in their scouting report, he chased off the plate than any player in the minors last year (just 7.7%). Perez walked in nearly 21% of his plate appearances last season and is at 17.9% in 2025.

If Perez can begin to hit the ball with more authority as he fills out physically, he has the potential to be an OBP-focused hitter who can stick behind the plate. He has below-average power, but players with this type of discipline and swing decisions can still be impactful, particularly if they’re playing serviceable defense behind the plate.

Sanchez, 21, ranked 24th on BA’s update of the Yankees’ system. He’s having a nice season in A-ball, hitting .281/.373/.438 with four home runs, 16 doubles, five triples and 24 steals (in 28 attempts). He’s drawn a walk in 12.6% of his plate appearances against a 23.4% strikeout rate. He’s an above-average runner who’s capable of handling center field and could likely be above-average in the corners.

None of the three players acquired by the Pirates are on the 40-man roster, though they’ll need to add Flores to the 40-man before mid-November in order to protect him from this year’s Rule 5 Draft. Neither Perez nor Sanchez needs to be protected until the 2027-28 offseason. Adding a near-MLB-ready catcher/first baseman and a pair of mid-range prospects from the Yankees’ system is a fine return in and of itself, though there’ll surely be a contingent of Pirates fans frustrated by the team’s repeated inability to secure long-term options at these positions — and that said inability has led them to expend another high-end trade chip in an effort to do so.

This post was originally published at 1:50pm.

Yankees Acquire Camilo Doval

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The Yankees are acquiring right-handed reliever Camilo Doval from the Giants, reports Jack Curry of YES Network. In exchange, the Giants will receive four minor leaguers: Jesus Rodriguez, Trystan Vrieling, Parks Harber, and Carlos De La Rosa. Curry was the first to report that Rodriguez, Vrieling, and Harbor were included in the deal, while FanSided’s Robert Murray later reported the complete package.  The deal is now official.

In adding Doval, David Bednar, and Jake Bird today, Yankees GM Brian Cashman was able to acquire three relievers with control beyond this season.  That should be useful given the impending free agencies of Devin Williams and Luke Weaver.

Doval, 28, has a 3.09 ERA, 26.2 K%, 12.6 BB%, and 52.6% groundball rate in 46 2/3 innings for the Giants this year.  Doval burst onto the scene in 2021 as one of baseball’s hardest-throwing relievers.

Unlike most baseball executives, Giants president of baseball operations Buster Posey had firsthand experience with Doval’s talent, having served as his catcher in Posey’s final season.  As a rookie, Doval made three appearances in the NLDS for the Giants.

A few months in the 2022 season, Doval was entrenched as the Giants’ closer.  He had a couple of strong years, including 39 saves and an All-Star appearance in 2023.  However, with his walk rate spiking to 14.4% in 2024, Doval was sent to Triple-A in August as Ryan Walker took over closing duties.  By the end of May this year, Doval had won his closer job back.

Doval has had better results this year with a 3.09 ERA, though his still lives in dangerous territory with a 12.6% walk rate.  Some of that is mitigated by his ability to keep the ball on the ground.  Doval likely won’t be tasked with the ninth inning for the Yankees, given the presence of Williams, Bednar, and Weaver.

Doval is under team control through 2027.  He’s earning $4.525MM in his first arbitration year, about $1.44MM of which remains this season.  Given the Yankees’ 110% competitive balance tax bracket, they’ll spend about $3MM to have Doval for the remainder of this season.  The club has run its CBT payroll up to about $316MM, according to RosterResource.

Posey’s Giants, meanwhile, save money and further stock the cupboard with minor leaguers, having also traded Mike Yastrzemski and Tyler Rogers in the last few days.  According to Baseball America, De La Rosa has the best upside of the four acquired for Doval.  The 20-year-old righty was graded 45/extreme risk by BA, who called him a “fine lottery ticket” who is on the upswing.  BA graded Rodriguez as 40/high risk, suggesting he “could have a future as a second-division regular who takes reps behind the plate and occasionally at third base.”

Though unranked by BA, Vrieling is more highly regarded by MLB.com, who assigned the righty a 40 grade.  They concluded, “he’ll have no more than a back-of-the-rotation ceiling unless he can develop a better-than-average offering.”  Harber, now 23, was signed as a non-drafted free agent by the Yankees.  He’s reached High-A this year as a corner infielder.  He may be a bit old for his level, but Harber has a 156 wRC+ in 152 PA and may soon prove ready for Double-A.

This post was originally published at 5:29pm.

Rays, Yankees Swap Jose Caballero For Everson Pereira

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The Yankees have acquired utilityman Jose Caballero from the Rays in exchange for outfielder Everson Pereira and a player to be named later, per announcements from both clubs. Both players were on their respective teams’ 40-man rosters, so no corresponding 40-man moves were needed.

The versatile Caballero adds plenty of speed and defensive flexibility to the Yankees’ bench mix. The 28-year-old is hitting just .226/.327/.311 on the season but is tied for a share of the major league lead with 34 stolen bases (in 44 attempts). He’s played second base, third base, shortstop and all three outfield positions this season.

Caballero draws plus defensive grades all over the infield and in the outfield corners as well. He’s controllable for another four years beyond the current season but will be arbitration-eligible as a Super Two player in the offseason.

The 24-year-old Pereira ranked among Baseball America’s top-100 prospects in the 2022-23 and 2023-24 offseasons. His path to the majors has been slowed by injury, most notably a UCL repair surgery performed last June. Because of injuries and the shortened 2020 season, the Yankees were granted a fourth option year over the Venezuelan-born outfielder. He’ll be out of options next season.

Pereira got a brief big league debut with the 2023 Yankees but looked overmatched as a 22-year-old who’d only played 35 games above the Double-A level. He hit .151/.233/.194 and fanned 40 times in 103 trips to the plate (38.8%). He’s now in his third partial season at the Triple-A level and hitting .254/.357/.507 with 19 homers and nine steals in 314 plate appearances. Pereira has gone down on strikes in 29.5% of his plate appearances but walked at a stout 12.1% clip. He’s averaging 92.1 mph off the bat and sporting a huge 50% hard-hit rate.

Pereira can play all three outfield spots and brings some upside to the Rays, though he’s continually shown a worrying lack of contact skills in the upper minors. He’ll give Tampa Bay some depth in the outfield. Notably, speedy outfielder Chandler Simpson exited today’s game with a hand injury, so the acquisition of Pereira could be tied to concerns that Simpson will miss time. Josh Lowe, Jake Mangum, Jonny DeLuca and Kameron Misner are among the other Rays options on the 40-man roster.

Jack Curry of the YES Network first reported the trade.

Angels Acquire Oswald Peraza

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The Yankees have traded infielder Oswald Peraza to the Angels in exchange for outfield prospect Wilberson De Pena, as well as international bonus pool money. Both teams have announced the deal. To make room for Peraza, the Angels have designated Kevin Newman for assignment.

Peraza, now 25, signed with the Yankees as an international free agent in 2016, and as he rose through the ranks of their minor league system, he also rose up organizational prospect rankings. Entering the 2022 season, when he made his big league debut, he was a consensus top-100 prospect. He impressed during a cup of coffee that September, hitting .306 with a 145 wRC+, and was once again a top-100 prospect entering 2023. Since then, however, his stock has fallen fast. He has slashed .190/.262/.285 in 429 plate appearances from 2022-25, with seven home runs and nine stolen bases in 145 games. Spending time at second base, third base, and shortstop, he has graded out as an average-to-slightly-above-average defender, but his versatile glove has not been nearly enough to make up for his ineffective bat. His offensive numbers at Triple-A over the past few years have also been less than impressive.

After the Yankees traded for infielders Ryan McMahon and Amed Rosario last week, the clock began to tick on Peraza’s tenure with the club. Their deal to acquire José Caballero today was surely the final nail in the coffin, even though the Peraza trade was technically reported shortly before the Caballero agreement. The Yankees have revamped their infield and bench as part of their efforts to take down the Blue Jays to defend their AL East crown. A floundering former top prospect no longer fit into the picture.

Peraza is a textbook change-of-scenery candidate. The Angels acquire him with four years of team control remaining after 2025, although he is out of options. For now, he will offer them depth off the bench and a potential alternative to the slumping Luis Rengifo. If he impresses, he should be in the mix for the second or third base job next season, with Rengifo and Yoán Moncada set to hit free agency at the end of the year. On the other hand, if he continues to hit as poorly as he did with the Yankees, he’ll soon be staring down the barrel of a DFA.

Meanwhile, De Pena is a textbook example of a lottery-ticket prospect. The 18-year-old has not has not yet had much of a chance to make an impression in his professional career. He signed with the Angels as an international free agent last January and has spent the past two seasons as a corner outfielder in the Dominican Summer League. He has hit .211 with four home runs and five doubles in 31 games this year.

Newman signed with the Angels in the offseason on a one-year, $2.75MM guarantee. While he has never been known for his bat, he hit just well enough to offer some value as a utility infielder for the Pirates, Reds, and Diamondbacks from 2022-24. In 2025, however, he has hit just .202 with only four extra-base hits in 57 games. He has a .481 OPS and -0.7 FanGraphs WAR. Given his poor performance and the not-insignificant amount of money remaining on his contract, he is almost certain to pass through waivers, after which he is likely to reject an outright assignment in favor of free agency.

Peraza to the Angels was first reported by Jack Curry of the YES Network. Joel Sherman of the New York Post added that the Yankees would receive De Pena and international bonus pool money in return.

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