Quick Hits: Yankees, Hamels, Arb Cases

The Yankees finalized last summer’s trades for Martin Prado, Josh Outman and Jeff Francis with cash rather than minor leaguers, a team official tells Chad Jennings of the LoHud Yankees blog.  All three deals (with the Diamondbacks, Indians and Athletics, respectively) were made with either cash or a player to be named later going back to the other team in return.  Here’s some more from around the baseball world…

• In an entry from Buster Olney’s latest Insider-only piece for ESPN.com, he notes that talent is a rarer commodity than money in today’s game, which is why he feels the Phillies should consider eating some of Cole Hamels’ contract to bring back better prospects in a deal.  Looking at the Hamels-to-Boston trade rumors, Olney wonders why the Red Sox would deal top prospects for Hamels now when a number of ace-level pitchers will be available for only cash in free agency next offseason.
• This offseason has already seen eight arbitration hearings and seven more outstanding cases could go to a hearing, FOX Sports’ Jon Paul Morosi notes.  It’s an unusually high number given that there were only 13 arb hearings in total over the previous four offseasons, though Morosi doesn’t yet think this could be an omen about the upcoming collective bargaining agreement negotiations.
• Former big leaguer-turned-FOX Sports analyst C.J. Nitkowski is no stranger to minor league contracts, and he details some of the many factors that a player must consider before signing such a deal.
• Fangraphs’ Dave Cameron lists his ten least-favorite moves of the offseason, with the Padres’ trade for Matt Kemp topping the list.  Cameron believes the Padres paid far too heavy a price in both talent and salary to acquire Kemp, whose best days are possibly behind him due to a checkered injury history.