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Yankees Rumors

AL Notes: Yankees, Happ, Indians

By charliewilmoth | March 28, 2013 at 10:53pm CDT

The Yankees made some last minute moves this week when they traded for Vernon Wells and picked up the recently-released Lyle Overbay.  Both Wells and Overbay have made the club along with Ben Francisco and Brennan Boesch, leaving Juan Rivera as the odd man out.  Tbe first baseman/outfielder was cut loose, though he did cash in on a $100K retention bonus for staying on the roster beyond Tuesday's Article XX(B) deadline.  Here's more from the Junior Circuit..

  • It's time for the Yankees to start looking for a replacement for Derek Jeter, Wallace Matthews of ESPNNewYork.com writes. Eduardo Nunez, who is manning shortstop in Jeter's absence, is not a good solution for the long haul, Matthews argues, and Jeter's age and injury status are both worrisome. Matthews also suggests that the Yankees should have acquired Jose Reyes or Yunel Escobar in the offseason.
  • Having gone in just days from being ticketed for Triple-A to being in the big-league rotation with a new contract extension, Blue Jays pitcher J.A. Happ is thrilled with his recent streak of good fortune, reports MLB.com's Gregor Chisholm. "It certainly has been a great few days," says Happ. "There was a long time before that where it wasn't quite as easy, but this kind of makes it all worth it."
  • After his team's signings of Nick Swisher and Michael Bourn, GM Chris Antonetti hopes the Indians will snag a playoff spot, Terry Pluto of the Cleveland Plain Dealer reports. The organization felt it needed a splashy offseason to maintain the attention of its fanbase, Pluto writes. "There is risk whenever you make substantial investment," says Antonetti. "But for us, there was even more risk if we didn't."
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Yankees Release Juan Rivera

By Tim Dierkes | March 28, 2013 at 2:28pm CDT

The Yankees released first baseman/outfielder Juan Rivera, tweets Ken Rosenthal of FOX Sports.

Rivera, 34, hit .244/.286/.375 in 339 plate appearances for the Dodgers last year, though he did slug .433 against lefties.  He signed a minor league deal with the Yankees in January, and despite injuries to Curtis Granderson and Mark Teixeira, did not make the Opening Day roster.  Rivera did receive a $100K retention bonus on Tuesday's deadline, notes MLB.com's Bryan Hoch. 

The Yankees added Vernon Wells and Lyle Overbay this week.  Wells, Overbay, and Ben Francisco are making the team, Rivera was told, according to MLB.com's Bryan Hoch and others.  Outfielder Brennan Boesch will also make the club, GM Brian Cashman said (Joel Sherman of the New York Post reporting).

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New York Yankees Transactions Juan Rivera

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East Notes: Happ, Romero, Mets, Nationals

By Tim Dierkes | March 28, 2013 at 12:03pm CDT

The Yankees will finish in last place, predicts Jon Paul Morosi of FOX Sports.  Predicting the AL East is no easy task, that's for sure.  The latest from baseball's eastern division teams:

  • The Yankees need another Aaron Small-type hidden gem this year, writes Joel Sherman of the New York Post.  The team is facing some derision for recent veteran pickups like Vernon Wells and Lyle Overbay, but Sherman feels the front office has earned the benefit of the doubt given its success with these types of additions.
  • The Blue Jays and starter J.A. Happ first discussed an extension in the offseason when they were doing his arbitration case, GM Alex Anthopoulos told Richard Griffin of the Toronto Star.  The agreement was reached before Happ found out he'd made the Opening Day rotation, said the pitcher.  The Jays guaranteed Happ's final arbitration year in 2014 and also snagged a club option for '15.
  • Happ beat out Ricky Romero for the Jays' fifth starter job, even though Romero is owed $7.5MM this year.  Romero, who was optioned to High-A, told Shi Davidi of Sportsnet.ca, "I don’t belong here to be honest with you. This is not for me."
  • The Mets are not yet convinced Ruben Tejada is their shortstop of the future, writes Andy Martino of the New York Daily News.  Gavin Cecchini is Baseball America's top-rated shortstop in the Mets' farm system, but he was drafted out of high school last summer.
  • The Nationals are a scouting-first organization, but GM Mike Rizzo is open-minded to suggestions from their two top analytics people, Adam Cromie and Samuel Mondry-Cohen, writes Adam Kilgore of the Washington Post.  The team has its own formula to evaluate defense and its own version of wins above replacement.
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AL East Notes: Niemann, Yankees, Red Sox, Overbay

By Zachary Links | March 27, 2013 at 3:12pm CDT

Scouts watching Rays pitcher Jeff Niemann this month are wary of his lowered velocity, tweets Jayson Stark of ESPN.com (on Twitter).  However, one source believes that if they move him to the bullpen, he'll be able to get his velocity up a "tick or two" and restore his trade value.  Here's more out of the AL East..

  • The Yankees are viewing Lyle Overbay as a free three-day look, though he is clearly their best defensive option at first base, tweets Jon Heyman of CBSSports.com (on Twitter).  The Bombers picked up Overbay shortly after he was cut loose by the Red Sox.
  • The Red Sox ideally would like to keep Jackie Bradley Jr. in the minors for the first few weeks of the season to delay the start of his service time clock, but the club's sense of urgency may alter those plans, writes Brian MacPherson of the Providence Journal.  If the Red Sox send Bradley to Triple-A Pawtucket for the first nine games of the season, he won't be eligible for free agency until 2019.
  • The Yankees have reassembled a 2006 All-Star team, writes Daniel Barbarisi of the Wall Street Journal.  The Bombers have eight of 30 players that received AL MVP votes in the '06 season.
  • The Red Sox have a roster decision to make between Daniel Bard, who has minor league options remaining, and the out-of-options Clayton Mortensen, writes Alex Speier of WEEI.com. Boston has to decide whether Bard will have an easier time getting back on track in the majors or in Triple-A Pawtucket.
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Yankees Claim Sam Demel, DFA Danny Otero

By Zachary Links | March 27, 2013 at 1:04pm CDT

The Yankees announced that they have claimed pitcher Sam Demel off of waivers from the Astros.  To make room for Demel on the 40-man roster, the club designated fellow right-hander Danny Otero for assignment.

Demel, 27, owns a career 4.95 ERA with 6.8 K/9 and 3.7 BB/9 in 72 big league relief appearances with the Diamondbacks from 2010-12.  He made just one relief outing last year and spent the majority of the season with Triple-A Reno, where he had a 4.07 ERA with 10.2 K/9 and 3.0 BB/9 in 56 appearances out of the bullpen.

Otero, 28, made 12 relief appearances for the Giants last season.  In parts of two seasons at Triple-A, Otero owns a 3.03 ERA with 7.4 K/9 and 1.4 BB/9.

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Houston Astros New York Yankees Transactions Sam Demel

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New York Notes: Mets, Havens, Marcum, Wells

By Jeff Todd | March 26, 2013 at 6:58pm CDT

Here are some notes from the big apple's two big league clubs:

  • The Mets are "in desperate need of clearing several spots" on their 40-man roster, and have "put out word to other teams that they are interested in moving non-core prospects" who would have to pass through waivers to be retained, writes Adam Rubin of ESPNNewYork.com. With the team likely in need of four roster vacancies to account for players who figure to be added to the 40-man before Opening Day, the Mets could look to move players such as Gonzalez Germen, Darin Gorski, Reese Havens, Juan Lagares, Cesar Puello, Elvin Ramirez, and Hansel Robles, according to Rubin. 
  • The Blue Jays could be interested in the aforementioned Havens, tweets Andy Martino of the New York Daily News. Havens, a 25-year-old second baseman, has yet to see big league action and hit .215/.340/.351 over 390 Double-A plate appearances last year.
  • After allowing him to reach free agency, the Brewers "didn't want to touch" Shaun Marcum this offseason due to injury concerns, tweets Martino. Marcum, now with the Mets, is looking unlikely to start the season in the rotation due to neck and shoulder issues, Anthony DiComo of MLB.com explains.
  • The Yankees "will not receive credit on their 2014 luxury-tax payroll" for recently-acquired outfielder Vernon Wells, tweets FOX Sports' Ken Rosenthal. Instead, "the charge for him will simply be zero." Rosenthal had previously discussed the complicated background of the Yankees' attempt to maximize their ability to get under the luxury tax threshold in structuring the Wells deal. Wells is still due $42MM over the next two seasons as he plays out the end of his 7-year, $126MM deal. As Rosenthal explains, the Yankees will pay him $13.9MM of the remaining obligation, with only $2.4MM of that allocated to 2014 for purposes of luxury tax avoidance.
  • Rosenthal discussed the financial impact to the Yanks for acquiring Wells, questioning whether the club might have been better served by instead inking Russell Martin this off-season. In particular, Rosenthal explained that Martin told New York that he would agree to a one-year deal for around $9-10MM before he agreed to terms with the Pirates on a two-year, $17MM contract.
  • Discussing his contract, which he originally signed with the Blue Jays before it was famously assumed by the Angels, Vernon Wells acknowledged that "no one's worth that kind of money," tweets Andy McCullough of The Star-Ledger. Wells continued: "It’s what the market’s worth at that time … I caught the market at a good time."
  • While commentators and fans seem skeptical of the Yankees' prospects for 2013, as well as their recent roster moves, GM Brian Cashman is resolute, writes McCullough (hat tip to River Ave. Blues). Cashman says that any notion of rebuilding is "just not part of our DNA," and rejects the notion that the team has been holding back on spending, though he acknowledges that he intends to "tread water until the guys come back." In terms of philosophy on long-term commitments, Cashman says he will not be "gun-shy," but nevertheless will be "more choosy" going forward. 
  • Cashman also discussed the decision not to beat the Mets' offer for then-Twins hurler Johan Santana. Unlike current Yankees starter C.C. Sabathia, Cashman noted, Santana profiled as a "high-risk player going forward, health-wise."
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Yankees Release David Adams

By Jeff Todd | March 26, 2013 at 5:32pm CDT

The Yankees have released infielder David Adams to make space on the team's 40-man roster for Vernon Wells, tweets Sweeny Murti of WFAN. Adams, 25, spent last season in Double-A, where he hit .306/.385/.450 over 383 plate appearances.

As Larry Stone wrote in the Seattle Times a few years back, a failed medical exam of Adams held up the Yankees' attempt to acquire Cliff Lee in 2010. "I had him," Cashman said of Lee, until the Mariners found that Adams had what turned out to be a fractured ankle. When Cashman refused to replace Adams with Eduardo Nunez or Ivan Nova, Texas jumped in with a deal centered around Justin Smoak. The change of events not only kept Lee from going to the Yanks, but also prevented catcher Jesus Montero from going to Seattle (for the time being).

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New York Yankees Transactions David Adams

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Yankees Sign Lyle Overbay

By Tim Dierkes | March 26, 2013 at 3:19pm CDT

The Yankees signed first baseman Lyle Overbay to a minor league deal, tweets Erik Boland of Newsday.  Overbay was released this morning by the rival Red Sox, who avoided a $100K retention bonus in the process.

Overbay, 36, hit .259/.331/.397 in 131 plate appearances for the Diamondbacks and Braves last year.  He was squeezed out in Boston due to their Mike Carp acquisition, but has found a potential opportunity with the Yankees due to a wrist injury that will sideline first baseman Mark Teixeira into May in the best case.

The Yankees have also added Vernon Wells, Ben Francisco, and Brennan Boesch since Teixeira and Curtis Granderson were injured.

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New York Yankees Transactions Lyle Overbay

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Yankees Acquire Vernon Wells

By Tim Dierkes | March 26, 2013 at 3:18pm CDT

A player with a supposedly untradeable contract has been dealt for a second time, as the Yankees acquired outfielder Vernon Wells from the Angels on a salary dump deal.  The trade was announced officially today, and the Halos received a couple of token minor leaguers in outfielder Exicardo Cayones and lefty reliever Kramer Sneed.  The big benefit for the Angels was salary relief, as the Yankees will reportedly assume a surprising $13.9MM of the $42MM owed to Wells for 2013-14, of which they'll pay $11.5MM this year to avoid a luxury tax hit in 2014.  Wells was happy to waive his no-trade clause and escape a likely fate of being buried on the Angels' bench.

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Wells, 34, was acquired to serve as the Yankees' everyday left fielder until Curtis Granderson returns to the lineup in May from a broken wrist.  Signed to a seven-year, $126MM extension by the Blue Jays in 2006, Wells posted a solid year in 2010 that allowed Toronto to unload most of his remaining $86MM on the Angels, which also cost the Halos Mike Napoli and cost GM Tony Reagins his job.  Wells performed terribly after the trade, hitting .222/.258/.409 in 791 plate appearances.  It was surprising to see the Yankees essentially give a two-year, $13.9MM contract to a player most teams would consider a fourth outfielder at best.  By comparison, the Cubs signed Scott Hairston this offseason for two years and $5MM.  The trade is a big win for Angels GM Jerry Dipoto, who unloads a player he didn't need and avoids the Competitive Balance Tax.

Cayones, 21, was acquired by the Yankees from the Pirates in the A.J. Burnett trade in February of last year, so he's again attached to a salary dump.  He hit .228/.374/.291 in 200 Low-A plate appearances last year, playing mostly right field.  Sneed, 24, posted a 5.37 ERA, 6.9 K/9, 5.7 BB/9, and 0.71 HR/9 in 63 2/3 High-A innings last year.  Neither is considered much of a prospect, which makes sense with the Yankees assuming so much of Wells' contract.

Yahoo's Jeff Passan first broke the story on Sunday, with Jim Bowden, Mike DiGiovanna, Alden Gonzalez, Jon Heyman, Buster Olney, Joel Sherman, and Mark Feinsand also contributing along the way.  Photo courtesy of USA Today Sports Images.

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Los Angeles Angels New York Yankees Transactions Vernon Wells

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Yankees Claim Dan Otero

By Tim Dierkes | March 26, 2013 at 1:02pm CDT

The Yankees claimed righty reliever Dan Otero off waivers from the Giants, tweets Andrew Baggarly of CSNBayArea.com.  

The move opens a 40-man roster spot for the Giants, but only complicates the situation for the Yankees, as detailed prior to the pickup by Chad Jennings of The Journal News.  The Yankees announced the move, noting that Cesar Cabral was placed on the 60-day DL to make room.  The team's 40-man roster is full, but they've got many players they'd like to add, including the newly-acquired Vernon Wells.

Otero, 28, made his Major League debut with the Giants in 2012.  He spent most of the year at Triple-A, where he posted a 2.90 ERA, 6.5 K/9, 1.2 BB/9, and 0.58 HR/9 in 62 innings.

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