1:20pm: The Yankees announced that they’ve acquired minor league shortstop Cristian Perez in exchange for Adams. The 21-year-old had a down season in his first year at Class-A Advanced in 2019, hitting .252/.290/.285 in 424 plate appearances.
Perez has never shown any semblance of power in the minors and doesn’t walk much. However, he’s consistently posted low strikeout rates and hit for a respectable average (career .263/.312/.319). Kiley McDaniel and Eric Longenhagen of FanGraphs called him an “instinctive defender with some feel to hit” in their write-up of the Royals’ farm system early in the 2019 season.
1:01pm: The Yankees and Royals have agreed to a deal that will send right-hander Chance Adams from New York to Kansas City, tweets MLB.com’s Mark Feinsand. Once rated as one of the organization’s best prospects, Adams was designated for assignment last week in order to open a roster spot for newly signed Gerrit Cole. The two teams have yet to formally announce the deal.
Adams, 25, has struggled to an 8.18 ERA in a small sample of 33 MLB innings but isn’t long removed from being considered one of baseball’s best pitching prospects. In the 2017-18 offseason, each of Baseball America, MLB.com ad Baseball Prospectus ranked Adams within the game’s top 100 overall prospects. At that point, he’d just wrapped up a season that saw him pitch to a 2.45 ERA with 8.1 K/9 against 3.5 BB/9 in 150 1/3 innings between Double-A and Triple-A.
Things haven’t gone smoothly for Adams since, as he’s posted a 4.72 ERA in nearly 200 Triple-A innings since that time (in addition to the aforementioned MLB struggles). Adams has seen his walk rate tick upward as his strikeout percentages have dipped considerably from his time in the low minors. However, he won’t turn 26 until next August and has a minor league option remaining, so there’s little harm in a rebuilding club like the Royals taking a speculative look in hopes of striking gold.