Courtesy of Buster Olney’s tweets we’re hearing the following:
- The Yanks are just about to land 1B/OF Lance Berkman from the Houston Astros;
- Olney is reporting that the Astros will be picking up a lot of money in the trade;
- The Yankees will be sending “non-prospects” in return for Berkman; and
- The Yanks are working on at least one and possibly two other acquisitions.
Obviously this is all rumor and hearsay at this point and nothing’s done until it’s done. Personally I don’t understand how Olney’s report that the Yanks would give up non-prospects can be true if the Astros are sending money to New York but, hey, I don’t make the rules. If Houston GM Ed Wade wants to be daft, that’s on him.
Updates to follow.
Update 8:10 p.m.: Joel Sherman says the trade is official, pending official announcement tomorrow. The reason for the delay is procedural under the collective bargaining agreement. Still no word on which players the Yanks would give up.
Update 8:54 p.m.: The latest from Joel Sherman’s Twitter feed is that Houston will send $4M to offset the $7.5M remaining on Berkman’s contract ($5.5M salary/$2M buyout of 2011 team option). Still not entirely sure how getting Berkman and cash entitles the Yankees to send so-called “non-prospects” but I guess we need to see which prospects get shipped out before we conclude that they truly are non-prospects.
Update 9:11 p.m.: I am not a Joel Sherman fan by any means but I’ll give him credit, his tweets are on top of this Berkman trade. Sherman is reporting that the Yanks are sending RHP Mark Melancon (AAA-Scranton) and 2B/SS Jimmy Paredes (Low-A Charleston). OK, I agree, these are non-prospects. If this report is true, the Yanks did very well here adding a switch hitter with OBP skills and some pop for the DH spot, getting $4M in cash from Houston and giving up guys that didn’t have futures on the team.