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.