3:20pm: The Yankees have now officially announced the moves, listing Caballero’s injury as a right middle finger fracture.
2:35pm: The Yankees are placing infielder José Caballero on the ten-day injured list with a finger injury. Shortstop Anthony Volpe will be recalled as the corresponding move. Francys Romero of BeisbolFR first reported on Volpe’s recall. Jorge Castillo of ESPN confirmed that Caballero would be placed on the IL.
Though Max Schuemann is the starting shortstop today, Volpe will presumably take over as the club’s regular at that spot with Caballero on the shelf. That was the way things were supposed to play out earlier this year. Volpe was the Yankee shortstop from 2023 through 2025. Volpe required shoulder surgery in October of last year and was going to begin the 2026 season on the IL. The Yankees planned to have Caballero, who had mostly been a utility player, hold down the position until Volpe was healthy.
But the plans seemed to change as Caballero played well and Volpe didn’t storm out of the gates after getting back on the field. Caballero has produced a .259/.320/.400 line this year, good enough for a 105 wRC+. He has also received strong grades for his defense and stolen 13 bases.
The Yanks decided to ride the hot hand and stick with Caballero. Volpe had begun a rehab assignment in mid-April. Rehab assignments for position players come with a 20-day maximum. When Volpe’s 20 days were up a little over a week ago, the Yanks optioned him to Triple-A for more reps. Caballero hurt his finger sliding into a base this week. It’s unclear how much time he is expected to miss but it will lead to Volpe getting back to the majors.
Perhaps it will be a chance for Volpe to re-cement himself as the club’s shortstop, something that has become a bit more cloudy lately. He made the club’s Opening Day roster in 2023 just before his 22nd birthday. He hit 21 home runs, stole 24 bases and got good grades for his defense. Despite the home runs, his overall offense was subpar. He slashed .209/.283/.383 for a wRC+ of 83. But that was held back by a .259 batting average on balls in play. Given his youth and poor luck, it was fair to expect growth.
That hasn’t played out, unfortunately. Volpe slashed .229/.283/.377 over 2024 and 2025, translating to a wRC+ of 85. In 18 minor league games this year, he has a .221/.276/.294 line and 52 wRC+. After undergoing shoulder surgery, a bit of rust is perhaps not surprising but it’s continuing a trend of subpar offense.
The Yankees are 26-16 while most American League clubs are below .500, so they should be fine even if Volpe struggles in the next few weeks. There may be long-term implications, however. George Lombard Jr. is one of the club’s top prospects and has reached Triple-A, so he could be pushing for a big league promotion at some point. There’s also the fact that second baseman Jazz Chisholm Jr. is an impending free agent.
With a few things up in the air when it comes to the middle infield, the Yankees will eventually have to make some decisions about the way forward. Volpe has a full slate of options and could be sent back down in the future but the Yankees would also like it if he performs well enough to stick around.
For Volpe’s earning power, the quick recall is potentially significant. He came into this year with exactly three years of big league service time. He continued racking up service days while on the IL but that clock stopped when he was optioned. It will now start ticking again.
The big league season is 187 days long but a player only needs 172 days of service to be credited with a full year. Since Volpe was only optioned on May 3rd, nine days ago, he could still get to the four-year mark if he stays up for the rest of the year. Though if he’s optioned again and ends up short of that four-year line, his path to free agency will be delayed by a year.
Photo courtesy of Vincent Carchietta, Imagn Images

I’d offer my condolences to Yankees fans but you have one of the 2 good AL teams right now so you’ll be fine.
I just wish we had one of the two good bullpens.
Here before all the Volpe hate fills the comments.
See below ⬇️
The Yankees defense just got worse.
Anthony Volpe sucks
This sucks and injuries suck. He’ll probably hit well VS the lefty tonight then turn back into exactly who he always has been. Ugh
Somehow, Volpe returned…